Hastings Technology Metals Limited (Hastings or the Company) announced further drill results at the Frasers deposit from the Company's 2020 Exploration Drilling Program across the world-class Yangibana Rare Earths Project in Western Australia's Gascoyne region. The Frasers deposit has a Measured, Indicated and Inferred Resource of 1.32Mt @ 1.35% TREO1. The infill drilling program was designed to upgrade shallow resource areas and selected deeper lodes in those areas currently not covered by the Frasers Mineral Resource. The extent of the mineralised holes across the Yangibana project area is remarkable, with these results from Frasers further confirming the 8kms of mineralisation that forms the Bald Hill-Simon's Find-Frasers trend. Extensions to Frasers have the potential to create substantial value for Hastings shareholders, given that Yangibana's processing infrastructure is to be built nearby. The infill drilling at Frasers has supported the existing Mineral Resource model and defined significant higher-grade extents to the north and south. These results connect the northern extents of the Frasers trend into the southern portion of the Simon's Find deposit. Drilling has been completed on a 40m x 40m nominal infill grid. An upgraded Mineral Resource estimate for Frasers and other deposits at Yangibana is expected to be released in the coming quarter once all assays have been received and resource modelling has been completed by the independent consultant. The new Mineral Resource will enable Hastings to further economic studies. High-grade mineralisation at Frasers outcrops at surface and there is potential to establish multiple open pits, which would feed into the early years' source of ore for processing. Desktop studies highlight the potential for open pit extensions at Frasers to form part of Yangibana's economic study.