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Hannan Metals announced a significant copper-gold porphyry discovery at the Previsto Central prospect within its Valiente Project in Peru. The discovery spans a 4 km by 1 km area and remains open in all directions.
Extensive geochemical sampling revealed anomalies, with soil samples exceeding 0.1 g/t gold and 0.025% copper. The area also exhibits a large airborne magnetic and radiometric anomaly, indicating a globally significant porphyry system.
Previsto is the eighth porphyry target discovered in a 25 km by 10 km area, suggesting a district-scale cluster. Preliminary results show a strong correlation with outcrop mineralization, with the best channel sample yielding 0.25% copper over 5.8 m.
CEO Michael Hudson emphasized the focus on advancing towards drill permitting during the dry season.