Hannans managing director Damian Hicks said, "We believe the Lapland Ni-Cu-PGE Project is located in Sweden’s equivalent of the Fraser Range province in Western Australia – you have a coincident regional scale magnetic-gravity feature and multiple intrusives located on the edge of a craton margin.

"Several permits cover the spine of the regional gravity feature and Hannans’ first field program will commence in August 2015.

We will also continue our search for a world class joint venture partner to join us in exploring this significant project."

The Lapland Ni-Cu-PGE Project work plan for the next twelve months includes stakeholder engagement, environmental assessments, mapping, sampling and prospecting, geophysical surveys and bedrock drilling. These activities will improve our understanding of the social, environmental and geotechnical characteristics of the Lapland Project.