Categories: Precious Metals / Mining Stocks
Topics: Gold Stocks / Copper Stocks

Hannan Metals (TSX-V: HAN)(OTC: HANNF) Exploration Manager Zac Turschwell on IP Survey at Stavaträsk Gold Project, Sweden 1,000 m Drill Program to Test Depth Extensions & More Gold at Previsto

 

Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the exploration manager for Hannan Metals (TSX-V: HAN)(OTC: HANNF), Mr. Zac Turschwell.

Zac, it is great to have you back on. It is a busy, busy time for yourself and the team over at Hannan. I'll get to that here in just a second, but first and foremost, how are you today, sir?

Zac Turschwell: Hello, Gerardo. Always good to catch up, my friend. And yeah, things are doing well. Calling in from Sweden today.

Gerardo Del Real: Well, let's start with Sweden since you are in Sweden. I would love an update on where we are with the IP work that was done and where we are in regards to drilling. Obviously, we had a bit of a lull here in the past several months prior to the first phase program in Sweden. Prior to that, the exploration was focused, of course, on Previsto in preparation for what I think is going to be an absolutely fantastic 2027 there, once the permits are in hand. But it was a great Michael Hudson-style, Hannan-style pivot to secure the three high-grade projects in Sweden. The first phase of the drilling, the 1,000 meters, was extremely successful. You're now following that up. Can you talk to me about Sweden and where you are with that program and how things are coming along?

Zac Turschwell: Yeah, absolutely. So just like you say, it's a Hudson special. While things are advancing in Peru, the fieldwork continues and the permitting continues. However, we wait, we are not sitting around doing nothing. So these three projects in Sweden are keeping us nice and busy as well. We just completed that IP survey across Stavaträsk. So that was gradient array IP, which was executed perfectly. We're interpreting that data at the moment and bringing it in with our understanding of the first 1,000-meter drill program, looking at all those results and planning our follow-up 1,000-meter drill program. So that will be completed before the end of the year. So Stavaträsk remains the flagship of the Sweden, three Sweden projects.

However, work continues elsewhere too. We've got Ådelfors with fieldwork and sampling taking place down there. That is the very interesting historically-mined area down in Southern Sweden. So historic grades are frequently up to a 1,000 grams per tonne. And granted, that was over the last couple of hundred years as it was Sweden's first official gold mine in the 1700s, which is just fascinating. Looks like a really interesting project and we are keen to get down into the dirt and finding more high-grade gold down there.

Gerardo Del Real: Well, look, I can't wait for results from the second 1,000-meter program for the simple fact that this will be the most targeted and informed drilling at the project. You've clearly proven there's high grade there. You've clearly proven there's a potential for scale and there's also bulk tonnage potential. Going into the second 1,000 meters, how do you view the targets and the holes that you're drilling? What's the preferred outcome or desired outcome from the second 1,000 meters?

Zac Turschwell: Yeah, that's a great question. So the goal of the second drill program is to target some IP anomalies, so see what we can work up there as well as increasing the footprint of the mineralization. So we want to figure out, at an early stage, the scale potential. If Stavaträsk has that scale potential that we think and hope it does, then we are going to be very happy. So it will be a dual approach. So following up on existing known mineralization, as well as testing some new anomalies that we'll be generating from the IP survey.

Gerardo Del Real: Excellent, excellent. And now, of course, we have to talk, as excited as I am for Sweden, we have to talk the flagship, which is Previsto. You just extended the Gold Breccia to 410 meters. Mind you, it's open in all directions. Every one of this last 325-channel samples returned gold, silver or copper mineralization, which is just amazing to me. Can you walk me through the latest release there and then, how things are coming along at Previsto in Peru?

Zac Turschwell: Yes, absolutely. And you've hit the nail on the head there. I'm very excited about this Breccia. It continues to grow. Every campaign that we return to the field, that Breccia continues to grow. It's just simply a matter of recovering that outcrop from the thick vegetation that we're dealing with, as well as that strike rate of mineralization that we're seeing, it's just phenomenal. So every single channel sample kicking with some gold, copper or silver of some kind is just phenomenal at this stage of project.

What I also really liked too was a panel sample, you would see it there, that returned the second-highest gold and silver grade on the project. That was 32.8 gm gold and 130 gm silver. So that sample, while it wasn't in a new discovery area, it was not far from our known high-grade principal channel. It does give me confidence in the repeatability of our gold mineralization. It's not just these isolated little blobs or nuggets or anything like that. It is continuous and we're seeing similar-grade tenor where we expect to see that grade tenor. So I'm very happy about these results and the work continues. The field team carrying out fieldwork every month, as we say, about 12 days per month, which is hard work, but it is paying off, as we can see.

Gerardo Del Real: That's, look, again, I think it's going to be a heck of an end to the year here in 2026 and obviously, I think a pivotal transformational moment in 2027. Anything to add to that, Zac?

Zac Turschwell: Absolutely. 2027 is going to be a big year for us at Hannan. 2026 has been and will continue to be big and we'll finish nice and strong, especially with all the work going on here in Sweden. But 2027 when we're anticipating our DR to be approved and giving us the green light to execute our drill program at Previsto, which is, of course, what we are all hanging out for, we are all so excited to get that drill rig on the ground, you and I both, to see what we can drill in that first drill hole. It's going to be a very exciting year for us.

Gerardo Del Real: Looking forward to it. I know the stock's been a little soft here with the volatility in the bond market and globally, but I think it's a heck of an opportunity and really, really looking forward to a strong close to the year.

Thank you so much for your time, Zac. Looking forward to having you back on here soon.

Zac Turschwell: Many thanks, Gerardo. Always a pleasure.

Gerardo Del Real: All right. Cheers.

Click here to see more from Hannan Metals Ltd.
 

IMPORTANT DISCLAIMER & DISCLOSURES
Resource Stock Digest, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction.

Please do not rely on the information presented by Resource Stock Digest as personal investment advice.

If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor.

The communications from Resource Stock Digest should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.

Hannan Metals Ltd. has sponsored this report.

The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Neither Resource Stock Digest nor any employee of Resource Stock Digest is registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. Resource Stock Digest, its owners, directors, and employees are also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.

HIGHLY BIASED:
In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Resource Stock Digest has received cash compensation from Hannan Metals Ltd. and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.

Resource Stock Digest, and its owners, directors, employees, and members of their households may own shares of Hannan Metals Ltd.. Therefore, Resource Stock Digest is extremely biased. Measures are in place such that no shares will be sold during the active awareness campaign.

HIGH RISK:
The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.

NOT PROFESSIONAL ADVICE:
By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Resource Stock Digest, and all partners, members, and affiliates harmless in any event or claim. While Resource Stock Digest strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Resource Stock Digest is not obligated to update, correct, or revise the information post-publication.

TECHNICAL DISCLOSURE:
The technical disclosure in this document pertaining to the mineral properties of Hannan Metals Ltd. has been reviewed and approved by Michael Hudson, Executive Chairman & CEO of Hannan Metals, a Fellow of the AUSIMM and a “qualified person” as defined in National Instrument 43-101- Standards of Disclosure for Mineral Projects. The qualified person has verified the data of Hannan Metals Ltd., including sampling, analytical and test data underlying the information contained in this document.

FORWARD-LOOKING STATEMENTS:
Certain information presented may contain or be considered forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as “anticipate”, “will”, “expect”, “may”, “continue”, “could”, “estimate”, “forecast”, “plan”, “potential” and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, statements regarding further exploration and development on the mineral properties of Hannan Metals Ltd. and the results thereof.

Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in these statements. These forward-looking statements are based on a number of assumptions which may prove to be incorrect including, but not limited to, the volatility of metal prices and Hannan Metals Ltd.’s common shares; the dangers inherent in exploration, development and mining activities; achieving development or production, cost or other estimates; actual exploration or development plans and costs differing materially from estimates stated herein; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; fluctuations in exchange rates; the availability of financing; financing and debt activities; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Peru and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; challenges to title or surface rights; the risk of an uninsurable or uninsured loss; litigation risk; and competition with other mining companies. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. The forward-looking statements contained in this document are made as of the date hereof or the dates specifically referenced in this press release, where applicable. Neither Resource Stock Digest nor Hannan Metals Ltd. undertakes any obligations to update the information presented or to ensure that such information remains current and accurate, except as required by law.