Mike Fagan,
Editor
Jan. 17, 2025
Hannan Metals Ltd. (TSX-V: HAN)(OTC: HANNF) — currently trading around C$0.75 per share — has identified a large IP chargeability anomaly at the Sortilegio copper-gold porphyry prospect within the massive, 100%-owned Valiente copper-gold project, Peru.
Phase-1 drilling is slated to commence in Q2 2025.
The 1.2-km-long magnetic anomaly, which is supported by an exposed copper-gold porphyry system, commences at 250 meters below surface and extends to 500 meters below surface.
The newly-identified IP anomaly at Sortilegio comes directly on the heels of the identification of a large-scale IP anomaly at the Ricardo Herrera porphyry prospect and the earlier identification of a 2.4-km-long IP anomaly at the Vista Alegre epithermal prospect (all part of the Valiente Project’s high-priority, drill-ready Belen Prospect).
Hannan Metals CEO Michael Hudson commented on the newly-delineated IP anomaly at Sortilegio via press release:
“The discovery of this extensive 1.2 km chargeability anomaly at Sortilegio represents a significant milestone, exhibiting characteristics similar to global gold-rich and copper bearing alkalic porphyry systems. The Sortilegio target is part of our expanding Belen mineral district, where mineralization now extends over 9.3 km of strike length. This district includes the Ricardo Herrera copper-gold porphyry in the south, the Vista Alegre epithermal gold target, and the Sortilegio gold-copper target in the north. Each of these targets independently represent a potential company-making project. With 40 drill platforms now approved under our recently granted DIA permit, we are positioned to begin drilling in Q2 2025.”
As noted, a maiden Phase-1 drill program is currently in the planning stage for Belen with a key DIA permit [environmental permit] now in place and with final permitting steps well underway.
The current DIA covers a total of 40 drill platforms within the Belen Prospect area, which encompasses the Ricardo Herrera, Sortilegio, and Vista Alegre prospects across a 17 km by 4 km corridor (with the DIA covering roughly 4% of Hannan’s total 1,000-sq-km-plus Valiente landholding).

In terms of the three current highest-priority Belen prospects within the newly-permitted DIA area, Ricardo Herrera and Sortilegio have been identified as porphyry copper-gold with Vista Alegre identified as epithermal gold in between the two porphyries.
All three prospects (Ricardo Herrera, Sortilegio, and Vista Allegre) are considered drill-ready with fourteen, thirteen, and twelve drill platforms approved, respectively.
After a lengthy initial permitting process — wherein the Hannan field team was able to complete substantial IP, mapping, soil sampling, and assaying — the first set of high-priority drill targets is finally coming together for what will mark Hannan’s first-ever drill program at Valiente/Belen.
In other words, the groundwork has been laid for a news flow rich 2025 for Hannan Metals with drills set to turn, pending final permitting, on what could prove to be a brand new copper-gold belt in the Peruvian back arc with potentially multiple years of discovery-type drilling ahead.
Stay tuned. We’ll be speaking with Mr. Michael Hudson next week to get you even closer to the story and the fast-moving developments as drilling nears.
For additional information on Vancouver-based Hannan Metals, be sure to contact Ms. Mariana Bermudez at the company’s IR department at 604-685-9316 or via email at info@hannanmetals.com.
Sign up to receive updates directly from Hannan Metals here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
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