Hannan Metals Limited reports exploration and corporate developments tied to its gold-copper mineral projects in Peru. Company updates frequently cover surface sampling, channel results, geological mapping, drill programs and target definition at the 100% owned Previsto and Belen prospects within its broader Valiente and DIA project areas.
News about HANNF also includes financing activity for exploration work, annual meeting results, board and auditor matters, and stock option plan approvals. Recurring technical themes include alkalic porphyry-epithermal systems, gold-silver-copper mineralization, prospective corridors, and field programs designed to delineate large mineralizing systems.
Hannan Metals (HANNF) completed a second drilling program totaling 1,255 m at its Stavaträsk gold project in northern Sweden. The six holes tested extensions of known mineralization and induced polarization targets, geophysical signals used to locate potential sulphides. Hannan expects assays within eight weeks. The earlier seven-hole program intersected gold across 650 m of strike, including 4.6 m at 7.2 grams per tonne gold in ST2606.
Completion also concluded the option agreement's assessment period. Hannan issued an additional 600,000 shares to the vendors, satisfying its assessment obligations. Acquiring 100% of the Swedish portfolio requires at least C$2,000,000 in exploration spending, including completed drilling, and another 3,500,000 shares, within two years from June 4, 2026. No ownership interest vests before exercise, which would trigger a 2.0% net smelter return royalty.
Hannan Metals (HANNF) has restarted diamond drilling at its Stavaträsk gold project in northern Sweden with an approximately 1,000 m program. Approximately four holes will test extensions at depth and along the mineralized trend, plus targets outside the previously drilled area.
The maiden seven-hole, 1,040 m program intersected gold across 650 m of strike in every hole. Results included 4.6 m at 7.2 g/t gold in ST2606 and 1.1 m at 15.6 g/t gold in ST2605. A 3 km² induced polarization survey, which detects electrical responses associated with sulphide minerals, defined multiple targets. These include a principal chargeability anomaly measuring 1,300 m by 180 m and extending beyond drilled mineralization.
Hannan expects drilling to finish during October 2026, with assays returned six to eight weeks after completion. Its flagship Previsto project in Peru continues through permitting.
Hannan Metals (HANNF) extended the mapped gold-bearing breccia at its wholly owned Previsto prospect in Peru to 410 metres of strike. Two sampling campaigns added 105 metres to the mapped length and collected 325 channel samples over 580.5 metres. All new channel samples contained gold, silver or copper mineralization above background, bringing the cumulative record to 648 of 648 samples. A panel sample returned 32.8 grams per tonne gold and 130 grams per tonne silver; panel samples are selective and unlikely to represent average property grades.
Channel CH18046 returned 19.8 metres at 0.6 grams per tonne gold, including 2.0 metres at 3.1 grams per tonne. Sampling is limited to exposed outcrop, and mineralization remains open in all directions. Hannan anticipates final environmental and other approvals in Q1 2027, after which its first Previsto drilling can begin. The submitted plan covers 18 platforms and 7,650 metres of drilling.
Hannan Metals (HANNF) has completed a gradient-array induced polarization (IP) survey at its Stavaträsk gold project in Sweden to guide a planned 1,000 metre follow-up drill program scheduled to finish before the end of 2026.
The survey, carried out by Geovisor Oy under Precision Geophysics, is the first systematic geophysical coverage of the gold system, using a 200 m grid over 3 km² with 100 m infill and a 2D dipole-dipole line across the drilled zone. Interpretation of co-registered chargeability and resistivity data is underway and will be integrated with maiden drilling results that intersected gold in all seven holes across 650 m of strike, including highlight intervals of 1.1 m at 15.6 g/t Au (with 0.6 m at 27.8 g/t Au) and 4.6 m at 7.2 g/t Au (with 1.9 m at 15.7 g/t Au). Both mineralization styles remain open along strike and at depth.
Hannan Metals (OTC: HANNF) reported the final assays from its maiden 7‑hole, 1,040 m diamond drill program at the Stavaträsk gold project in Sweden, which tested 650 m of strike within a ~7 km structural corridor. Gold was intersected in all seven holes.
Key intercepts from deep holes ST2606 and ST2607 include 59.6 m @ 1.1 g/t Au from 48.5 m in ST2606, with a higher‑grade section of 4.6 m @ 7.2 g/t Au and individual assays up to 21.4 g/t Au over 0.7 m, plus 3.2 m @ 1.4 g/t Au from 166.2 m in ST2607. A polymetallic interval in ST2606 returned 0.4 m @ 6.5 g/t Au, 66.4 g/t Ag and 1.35% Cu.
According to Hannan, these results demonstrate mineralization down‑dip from surface and support a planned induced polarization survey and a ~1,000 m follow‑up drill program. The company also announced the resignation of director and General Manager, Peru, Katty Vargas, effective August 31, 2026.
Hannan Metals (TSXV: HAN, OTC: HANNF) reported first assays from its maiden 7‑hole, 1,040 m diamond drill program at the Stavaträsk gold project in Sweden, with results from five holes over 650 m of strike. Gold mineralization was intersected in every reported hole, including highlights of 9.2 m at 1.3 g/t Au from 29.9 m and 1.1 m at 15.6 g/t Au from 35.5–35.6 m, with a peak sub‑interval of 0.6 m at 27.8 g/t Au. A polymetallic interval in ST2601 returned 0.5 m at 8.9 g/t Au, 47.5 g/t Ag and 0.74% Cu. Across 320 samples, 32% assayed ≥0.1 g/t Au, averaging ~0.96 g/t. The mineralization is interpreted as a 50–65 m wide, structurally controlled corridor within the regional Vidsel‑Röjnoret Shear System, which may extend over ~7 km. Assays for two deeper holes are pending, with an IP geophysical program and a second drill campaign planned.
Hannan Metals (OTC: HANNF) reported that channel sampling at its 100%-owned Previsto Central gold-copper prospect in Peru has expanded the mapped mineralized breccia body’s width from 185 m to 305 m, with all 175 new channel samples returning gold or silver mineralization.
Combined with 148 samples reported on June 3, 2026, 323 of 323 channel samples have returned mineralization. Highlight intervals include 44.9 m @ 0.4 g/t Au, 9 g/t Ag (including 17.4 m @ 0.9 g/t Au), and 72.8 m @ 0.2 g/t Au, 3 g/t Ag, with peak grades of 2.6 g/t Au and 37.2 g/t Ag. A coincident high-grade silver zone of about 450 m x 120 m consistently exceeds 5 g/t Ag and lies within a broader >1 g/t Ag footprint extending 2.6 km south and 3.3 km east–west.
According to Hannan, geological work indicates an alkalic porphyry-epithermal district, the first of its type recognized in Peru. The company has submitted a DIA environmental impact statement covering 18 drill platforms and 7,650 m of diamond drilling at Previsto Central and Inca Garcilazo, now under evaluation by DGAAM, ANA and SERFOR, with final approvals anticipated during Q1 2027.
Hannan Metals (OTC Pink: HANNF) has submitted its Declaracion de Impacto Ambiental (DIA), the key environmental certification for drilling, for the 100% owned Amanecer gold-copper project in Peru. The DIA covers the Previsto district, Peru's first documented alkaline epithermal gold-copper system.
The plan allows 18 drill platforms and 7,650 m of diamond drilling across Previsto Central and Inca Garcilazo, over 361.4 hectares with a 2.3-hectare disturbance footprint. Final DIA and related approvals are anticipated in Q1 2027. Geological work has outlined alkalic porphyry-epithermal features with sample grades up to 33.1 g/t Au and 120 g/t Ag, highlighting district-scale potential.
Hannan Metals (OTC:HANNF, TSXV:HAN) completed its maiden 7‑hole, 1,040 m diamond drill program at the high-grade Stavaträsk gold project in Sweden. Assay results are expected within six weeks, with a second 1,000 m program planned. The TSXV accepted Hannan’s Option Agreement to acquire 100% of the Stavaträsk, Skellefteå North and Ådelfors gold projects through staged share issuances and C$2 million in cumulative exploration spending. The vendor retains a 2% NSR royalty, fully buyable for C$3 million. Swedish projects complement Hannan’s flagship Previsto gold-copper prospect in Peru, where maiden drilling is targeted for 2027.
Hannan Metals (OTC:HANNF) has started diamond drilling at the high-grade Stavaträsk gold project in Sweden’s Skellefteå district. The staged program totals up to 2,000 metres, testing a 650 m–750 m mineralized trend with previously reported surface samples up to 93 g/t Au.