Click to enlarge Foran's 2,565 hectare Hanson Project is located in northeastern Saskatchewan, approximately 55 kilometres west of Flin Flon and immediately east of Foran's 100% owned McIlvenna Bay Project. Hanson Lake forms a contiguous claim block with the McIlvenna Bay Project and Balsam Joint Venture. Foran holds a 100% interest in the Hanson Project, with a 6% NPI and a 2% NSR on production. Teck Resources holds a sliding-scale back-in right on the property.

A number of exploration targets are known from past exploration. In 2007, Foran commissioned a high-resolution, deep-penetrating VTEM Time Domain Electromagnetic ("EM") survey over property. Foran has recently commissioned a reinterpretation of the results of this survey; results of this reinterpretation are pending. The Company anticipates that this work will generate drill targets at Hanson.

In 2010-2011, Foran engaged Equity Exploration Consultants for the review and compilation of historic data on Hanson and several other Foran properties.