Categories:
Base Metals
Topics:
General Base Metals
Hannan Metals (TSX-V: HAN)
Hannan Metals (TSX-V: HAN)(OTC: HANNF) is a mineral exploration company focusing on discovering or acquiring well-located, high-grade resources in safe jurisdictions. The principals behind the Company have long and successful careers in locating, developing and funding resource projects on four continents.Exploration involves identifying, prioritizing and testing geological, geochemical and geophysical targets. Our objective is to safely discover, investible resources with the potential to be profitable at all parts of the commodity cycle.
The Company was formed on January 09, 2017 when Mitchell Resources Ltd completed a transaction with the shareholders of Hannan Metals Ltd. (“Hannan Canada”), a private British Columbia company, to acquire all of the issued and outstanding shares of Hannan Canada and, consequently, a 100% interest in Hannan Canada’s rights, through its wholly-owned subsidiary Hannan Metals Ireland Ltd. (“Hannan Ireland”), to the Clare prospecting licences in Clare County, Ireland
The Company’s flag ship property is the Kilbricken base metal project in Ireland.
The Kilbricken project is a new high-grade Zn-Pb-Ag-Cu discovery and is the Company’s flagship project. The project is drilled over more than 1km and is ready to explore and expand within a 40km strike area.
Massive sulphide mineralization at Kilbricken most commonly consists of early massive-textured, fine-grained pyrite, galena and sphalerite cross-cut by coarse-grained sphalerite and galena, resembling sulphides found in the overlying veins. It differs from most other Irish zinc/lead prospects in that it is rich in silver, where the silver is generally associated with galena-rich zones.
The Kilbricken Project is considered to be highly prospective for discovering and developing important zinc-lead-silver sulphide deposits. The Kilbricken deposit, as currently delineated, is open along strike and both in an up-drip and down-dip direction. All projects on the Property are at an exploration stage; there are no mine development or mining operations.
Two main mineralized zones have been discovered to date
The corporate objectives are to build our business in Ireland around Kilbricken and to find and define a large, long-life asset.
The team has made numerous discoveries and has demonstrated success advancing these towards mining.
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