Hannan Metals Makes Big Discoveries

Another month, another discovery for Hannan Metals (TSX-V: HAN)(OTC: HANNF).

This time a gold-copper discovery.

On December 11, 2023, the company announced the definition of a new porphyry-epithermal copper-gold cluster at the Previsto project area located within the northern part of the 100%-owned Valiente project in central Peru.

Recent detailed field work at Previsto has discovered two new targets (beyond the initial discovery of the Previsto Central porphyry) at Previsto Norte (porphyry) and Previsto East (alkalic-type epithermal system) within a total area of 15 km by 7 km. Initial rock chip and soil sampling in both areas is extremely encouraging for an early-stage discovery.

Drill permits for this part of the land package are likely a year or so away.

Over the last three years, at Valiente Hannan has discovered a Miocene-age porphyry-epithermal gold-copper mineralized belt that extends over 150 km by 40 kms in area, located in central-eastern Peru. Within this belt a clustered porphyry/epithermal camp has emerged where five porphyry copper-gold targets and associated skarns have now been discovered (Ricardo Herrera, Sortilegio, Divisoria, Previsto Central and Previsto Norte), and two epithermal prospects (Vista Alegre and Previsto East).

Michael Hudson, CEO, states: "Now that we have established access and initial exploration at Previsto, it is shaping up as one of the most exciting target areas within the 100%-owned Valiente project, where we have now outlined an overlapping suit of multiple porphyry and epithermal targets alkalic hosted copper-gold mineralization.

"The initial work at Previsto East is very exciting with such relatively high grades of gold in soil sampling extending over more than 1 km. The anomalous band of soil anomalies is associated with mineralized and high altered rocks that point excitingly to what may lay below the surface. Field teams are active within the area collecting further exploration data as we continue to unravel the opportunities at Previsto."

Hannan will turn out to be one of the most exciting discovery stories over the next few years and yet no one really knows about it. I cover the company in Junior Resource Monthly, which you can learn more about here. 

Teck has already come in and taken a stake. And CEO Michael Hudson dicussed that on the sidelines of the 2024 Vancouver Resource Invesestment Conference in January. 


Let's get it,

Gerardo Del Real

Gerardo Del Real
Editor, Resource Stock Digest

Click here to see more from Hannan Metals Ltd.