Hannan Metals Stock Price, News & Analysis

Hannan Metals (HANNF) has begun site access preparation at its Belen prospect within the 100%-owned Valiente copper-gold project in Peru, following receipt of governmental approval. The company plans to commence drilling in early May 2025, utilizing 40 permitted platforms to test three key prospects:

• Ricardo Herrera copper-gold porphyry (15 platforms) with a 1,000m x 250m chargeability anomaly
• Vista Alegre epithermal gold target (12 platforms) featuring a 2.4km long geophysical anomaly
• Sortilegio copper-gold porphyry (13 platforms) with a 1.2km long chargeability anomaly

The Belen prospect represents 4% of Hannan's Valiente landholding, where 18 copper-gold porphyry and epithermal systems have been identified across a 140km x 50km area. Additionally, the company has completed a warrant acceleration, issuing 3,512,230 common shares at $0.35 per share for total proceeds of C$1,229,280.50.

Hannan Metals (HANNF) reports expanded high-grade gold mineralization at its 100%-owned Previsto alkaline gold project in Peru. The mineralized footprint now covers 200m × 130m, with new channel sampling extending gold mineralization. Key findings include:

- Extended channel now assays 135.2m @ 1.3 g/t Au, 9 g/t Ag, 7 g/t Te
- New high-grade results: 11.3m @ 3.7 g/t Au and 2.3m @ 18.8 g/t Au
- New copper mineralization: 21m @ 0.15% Cu, 1 g/t Ag, and 9 ppm Mo

The discovery sits within a larger 5km × 5km epithermal-porphyry cluster and a 4km × 4km gold-in-soil anomaly. The company has expanded its field team to six geologists and plans to begin drilling at the nearby Belen project in Q2 2025. Hannan aims to secure drill permits for Previsto by Q3 2025 while continuing detailed prospecting, geological mapping, and geophysical surveys.

Hannan Metals (HANNF) has identified a significant copper porphyry target at its 100%-owned Previsto project in Peru. Systematic channel sampling across four parallel creeks has revealed 750 meters of continuous copper mineralization with widths up to 192 meters.

The copper target is located just 1,300 meters from a previously identified high-grade alkalic gold mineralization zone, where Hannan recently trenched 69.1 m @ 2.4 g/t Au. Key channel sampling results include:

• 192.0 m @ 0.17% Cu
• 126.0 m @ 0.22% Cu
• 107.0 m @ 0.09% Cu
• 48.0 m @ 0.12% Cu

The mineralization remains open under cover to the north, south, and east. Despite extensive surface leaching, sampling indicates consistent copper mineralization, suggesting potential for higher grades in unweathered zones. The company has deployed a team of 5 geologists and 10 support staff to further expand and delineate the gold-copper mineralization at Previsto.

Hannan Metals (HANNF) has announced the acceleration of expiry dates for outstanding share purchase warrants issued on May 9, 2023. The acceleration was triggered as the company's shares maintained a weighted average closing price of C$0.50 or higher for 20 consecutive trading days on TSX Venture Exchange through March 14, 2025.

The May 2023 Warrants, originally exercisable at C$0.35 per common share, will now expire on April 16, 2025. Currently, 3,262,230 warrants remain outstanding, which if fully exercised could generate approximately C$1.1 million in gross proceeds for the company.

CEO Michael Hudson stated this potential capital injection comes at a strategic time as the company prepares to launch maiden drilling programs in Peru and Chile while continuing exploration work at Previsto, enabling operational momentum across multiple projects without shareholder dilution.

Hannan Metals (TSXV:HAN)(OTC PINK:HANNF) has been named among the 2025 Top 50 mining companies on the TSX Venture Exchange. This prestigious recognition is part of a program that celebrates the strongest performers across five industry sectors: Mining, Energy, Clean Technology & Life Sciences, Diversified Industries, and Technology.

The selection criteria for the Top 50 companies were based on market capitalization, share price appreciation, and trading volume for the year ended December 31, 2024. TSX Venture Exchange President Tim Babcock highlighted the strategic importance of Canadian natural resources and high-growth innovation, particularly noting the increased demand for critical minerals and energy security.

Michael Hudson, Executive Chairman and CEO of Hannan Metals, expressed gratitude for the recognition, attributing the success to team dedication and supporter contributions as the company pursues its mission to discover large copper and gold mineralizing systems in Peru.

Hannan Metals (HANNF) has received the Authorization for Exploration Activities permit for its maiden drill program at the 100%-owned Valiente copper-gold project in Peru. The permit allows the company to begin drill access work for 40 approved platforms within the 702-hectare Belen area.

Three major targets have been identified for drilling: Ricardo Herrera copper-gold porphyry with a 1.0 km by 0.25 km chargeability anomaly (15 platforms), Vista Alegre epithermal gold prospect with a 2.4 km long geophysical anomaly (12 platforms), and Sortilegio copper-gold porphyry with a 1.2 km long chargeability anomaly (13 platforms).

Before drilling can commence in Q2 2025, the company needs to complete the Archaeological Monitoring Program approval, SERFOR deforestation authorization, and drilling contractor selection. The Belen prospect represents about 4% of Hannan's total Valiente landholding, where 18 copper-gold porphyry and epithermal systems have been identified across a 140 km x 50 km area.

Hannan Metals (HANNF) has reported significant gold mineralization at its 100%-owned Previsto project in Peru. Channel sampling revealed high-grade alkalic-type epithermal gold mineralization with 69.1 m at 2.4 g/t gold, including 26.0 m at 5.4 g/t Au. The discovery is within a larger 6 km x 6 km epithermal-porphyry cluster.

Key findings include a north-south channel assaying 69.1 m @ 2.4 g/t Au and 13 g/t Ag, with peak assays of 0.7 m @ 16.1 g/t Au. An east-west channel yielded 7.0 m @ 1.2 g/t Au and 19 g/t Ag. The mineralization remains open in all directions and sits within a 4 km x 4 km gold-in-soil anomaly.

The company has secured drill permits for Belen (20 km SW) with drilling scheduled for Q2 2025. Multiple untested targets surround the gold mineralization, including copper porphyry mineralization 1.3 km northwest (192 m @ 0.16% Cu) and a gold-copper target 2.6 km east.

Hannan Metals (TSXV:HAN)(OTCPK:HANNF) has signed a service agreement with Resource Stock Digest (RSD) of Round Rock, Texas, for promotional services. The 3-month advertising and marketing program comes with a US$125,000 cash fee, payable upon Exchange approval. RSD, owned by Gerardo Del Real and Nick Hodge, will conduct interviews and create content for distribution to their subscriber base.

Del Real and Hodge are shareholders of Hannan, though their combined holdings represent less than 2% of Hannan's issued shares. The agreement, which must comply with TSX Venture Exchange Policy 3.4 regarding investor relations and promotional activities, is pending Exchange approval.

Hannan Metals (HANNF) has discovered a significant 1.2 km chargeability anomaly at its Sortilegio copper-gold porphyry prospect within the Valiente project in Peru. The discovery includes two key features: a shallow structural target with high-chargeability anomalies extending 600m along north-south structures, and a deep porphyry target stretching 1.2 km in length from 250m to 500m below surface.

The Sortilegio prospect is part of a 9.3 km long copper-gold district at Belen, which includes the Vista Alegre epithermal system and Ricardo Herrera copper-gold porphyry. The company has received approval for 13 drilling platforms and plans to commence drilling in Q2 2025.

The prospect features an exposed Miocene alkalic copper-gold porphyry system with zoned mineralization. Systematic soil sampling has revealed a central copper anomaly surrounded by gold, zinc, and lead values. The central mineralized zone measures 350m × 350m with high-density stockwork veining.