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Hannan Expands Previsto Alkaline Gold Prospect High-Grade Footprint by 400 Metres

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Hannan (OTC: HANNF) announced new field results from the Previsto project in Peru, where rock chip sampling returned up to 4.8 g/t Au and 36.3 g/t Ag from metasedimentary siltstone located ~400 m southwest of the Previsto Central high‑grade footprint. The PR states 149 in‑situ rock chip samples plus 4 boulders were collected across ~1.8 km2, averaging 0.1 g/t Au and 430 ppm Cu. Channel and soil programs also returned widespread anomalous values, with channel averages ~0.1 g/t Au.

The company reports a 600 m gap zone now targeted for follow‑up and that environmental baseline and community engagement work for drill permitting (DIA Amanecer) is complete and being submitted to Peruvian authorities.

Hannan (OTC: HANNF) ha annunciato nuovi risultati di campo dal progetto Previsto in Perù, dove l'analisi di campioni di rocce ha restituito fino a 4,8 g/t Au e 36,3 g/t Ag da selcci di metasedimentari situate a circa 400 m a sud-ovest dell'orma ad alta grade Previsto Central. Il comunicato stampa riporta 149 campioni di roccia in sito più 4 ciottoli raccolti su ~1,8 km2, con una media di 0,1 g/t Au e 430 ppm Cu. Anche i programmi di canale e di suolo hanno rilevato valori anomali diffusi, con medie di canale di ~0,1 g/t Au. L'azienda riporta una zona di gap di 600 m ora mirata al follow-up e che i lavori di base ambientale e di coinvolgimento comunitario per il permesso di perforazione (DIA Amanecer) sono completi e vengono presentati alle autorità peruviane.

Hannan (OTC: HANNF) anunció nuevos resultados de campo del proyecto Previsto en Perú, donde el muestreo de fragmentos de roca arrojó hasta 4.8 g/t Au y 36.3 g/t Ag desde arenisca metasedimentaria ubicada a ~400 m al suroeste de la huella de alta ley Previsto Central. El comunicado indica 149 muestras de roca in situ más 4 guijarros recogidos a lo largo de ~1.8 km2, con un promedio de 0,1 g/t Au y 430 ppm Cu. Los programas de canal y de suelo también mostraron valores anómalos generalizados, con promedios de canal de ~0,1 g/t Au. La empresa reporta una zona de gap de 600 m ahora dirigida para seguimiento y que el trabajo de línea de base ambiental y participación comunitaria para el permiso de perforación (DIA Amanecer) está completo y se está presentando a las autoridades peruanas.

Hannan (OTC: HANNF)가 페루 Previsto 프로젝트의 새로운 현장 결과를 발표했습니다. 암석 파편 샘플링에서 Previsto Central의 고등 광권에서 남서쪽으로 약 400m 떨어진 메테사 sediments 슬라이트에서 4.8 g/t Au36.3 g/t Ag가 나오었습니다. 보도자료에 따르면 약 1.8 km2에 걸쳐 149개의 현장 채취 암석 샘플4개의 큰 바위가 수집되었고, 평균은 0.1 g/t Au430 ppm Cu입니다. 채널 및 토양 프로그램도 광범위한 이상값을 보였으며 채널 평균은 약 0.1 g/t Au입니다. 회사는 이제 추적 조사를 위한 600 m 간격의 갭 존을 표적화하고 있으며, 드릴 허가(DIA Amanecer)를 위한 환경 기본 및 지역사회 참여 작업이 완료되어 페루 당국에 제출되고 있습니다.

Hannan (OTC: HANNF) a annoncé de nouveaux résultats de terrain du projet Previsto au Pérou, où l'échantillonnage de roches a retourné jusqu'à 4,8 g/t Au et 36,3 g/t Ag à partir de schistes métasédimentaires situés à environ 400 m au sud‑ouest de l'empreinte haute teneur Previsto Central. Le communiqué indique 149 échantillons de roche sur site plus 4 blocs collectés sur environ 1,8 km2, avec une moyenne de 0,1 g/t Au et 430 ppm Cu. Les programmes de canal et de sol ont également montré des valeurs anormales répandues, avec des moyennes de canal d'environ 0,1 g/t Au. La société rapporte une zone de gap de 600 m maintenant visée pour le suivi et que les travaux de base environnementale et d'engagement communautaire pour le permis de forage (DIA Amanecer) sont terminés et soumis aux autorités péruviennes.

Hannan (OTC: HANNF) kündigte neue Felddaten aus dem Previsto-Projekt in Peru an, bei denen Gesteinsproben aus Metasediment-Siltstein bis zu 4,8 g/t Au und 36,3 g/t Ag ergaben und sich ca. 400 m südwestlich der hochgradigen Spur Previsto Central befinden. Die Mitteilung gibt an, dass 149 In-situ-Gesteinsproben plus 4 Findlinge über etwa 1,8 km2 gesammelt wurden, mit einem Durchschnitt von 0,1 g/t Au und 430 ppm Cu. Kanal- und Bodenprogramme zeigten ebenfalls weit verbreitete Anomalien, mit Kanal-Durchschnitten von ca. 0,1 g/t Au. Das Unternehmen meldet eine 600 m lange Gap-Zone, die nun für das Follow-up vorgesehen ist, und dass Umweltbasiswerte sowie Community-Engagement-Arbeiten für das Bohrgenehmigung (DIA Amanecer) abgeschlossen sind und den peruanischen Behörden vorgelegt werden.

Hannan (OTC: HANNF) أعلنت عن نتائج ميدانية جديدة من مشروع Previsto في بيرو، حيث أرجعت تقارير أخذ عينات الصخور من صخور رخامية ميتاسيليمينتيرية حتى 4.8 g/t Au و 36.3 g/t Ag من صخور رملية ميتاسيليميتارية تقع على بُعد ~400 م إلى الجنوب الغربي من بصمة Previsto Central عالية الدرجة. ذكر البيان الصحفي 149 عينة صخرية في الموقع بالإضافة إلى 4 كُتَل صخرية جُمعت عبر نحو 1.8 كم2، بمتوسط 0.1 g/t Au و 430 ppm Cu. كما أظهرت برامج القناة والتربة قيمًا شاذة منتشرة، بمتوسط قناة نحو 0.1 g/t Au. وتورد الشركة وجود منطقة فجوة بطول 600 م مستهدفة الآن للمتابعة، وأن أعمال الأساس البيئي والمشاركة المجتمعية من أجل تصريح الحفر (DIA Amanecer) قد اكتملت وتُقدَّم إلى السلطات البيروفية.

Hannan (OTC: HANNF) 宣布来自秘鲁 Previsto 项目的新现场结果,其中岩石风化碎屑采样在位于 Previsto Central 高品位区域西南约 400 m 的中变沉积岩中检测到最高 4.8 g/t Au36.3 g/t Ag。新闻稿显示在约 1.8 km2 的范围内共采集了 149 份原位岩石样本4 块巨石,平均为 0.1 g/t Au430 ppm Cu。渠道和土壤程序也返回了广泛的异常值,渠道平均约为 0.1 g/t Au。公司报告现有一个 600 m 的断层间隙带,现已定为后续跟进的目标,且用于钻探许可的环境基线与社区参与工作(DIA Amanecer)已完成并提交给秘鲁当局。

Positive
  • 4.8 g/t Au rock chip peak result
  • 149 in‑situ rock chip samples collected
  • Survey area ~1.8 km2 covered
  • Company completed environmental baseline and community engagement for DIA drill permit submission
Negative
  • 600 m unsampled gap requiring follow‑up
  • Average rock chips 0.1 g/t Au (low for immediate economic grade)

Vancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Hannan Metals Limited (TSXV: HAN) (OTC Pink: HANNF) ("Hannan" or the "Company") is pleased to announce new results from field campaigns conducted between the Honda Creek and Previsto Central prospects at its 100% owned Valiente project in Peru (Figure 1).

Key Points:

  1. Identification of Further High-Grade Gold: Rock chip sampling returned up to 4.8 g/t Au with 36.3 g/t Ag from metasedimentary host rocks, located 390 m southwest of the existing Previsto Central high-grade footprint, indicating potential for extension of or a new parallel mineralized trend.

  2. Extensive Sampling Program Confirms Mineralization: Recent field campaigns covered a combined area of approximately 1.8 km², with 149 in situ rock chip samples ranged from 4.8 g/t Au and 1.0% Cu to below detection limit <0.001 g/t Au ("bdl") Au and 6 ppm Cu and averaged 0.1 g/t Au and 430 ppm Cu, demonstrating widespread mineralization between Honda Creek and Palestina Creek (north of Previsto Central).

  3. Structural Controls Identified: High-grade mineralization appears to be fault-controlled within siltstone units containing approximately 2% pyrite, opening new exploration areas in the sedimentary sequences.

  4. Strategic Gap Closing: Results bridge the mineralization gap between Honda Creek and Previsto Central, with a 600 m zone of no sampling currently being followed up, suggesting potential for continuous mineralization across the greater district.

  5. Multiple Work Areas Advance: Systematic exploration in the Mirador-Fernandez creek area (1.1 km x 1.2 km) and east of Palestina creek (1.2 km x 1.0 km) continues to expand the known mineralized footprint of the emerging gold district.

Michael Hudson, CEO, states: "These results represent another significant step in understanding the full potential of our Previsto district. The identification of 4.8 g/t gold shows a small window into a new structural zone 400 m southwest of our Previsto Central high-grade footprint and is particularly exciting as it suggests we're dealing with multiple mineralized trends within a larger system.

"What's particularly compelling is the growing comparison to Colorado's Cripple Creek district, one of the world's great gold camps with over 27 million ounces produced to date. The Previsto alkalic intrusive complex shares remarkable geological similarities with Cripple Creek, including the alkaline intrusive nature, the multi-phase mineralization, and the district-scale footprint. These parallels provide us with a proven model as we systematically unlock Previsto's potential.

"The fault-controlled mineralization in metasedimentary rocks adds another dimension to our model, complementing both the intrusive-hosted zones at Previsto Central and the carbonate/sedimentary-hosted mineralization at Honda Creek. With field teams actively following up on this new area and working on the 600 m gap zone, we're systematically piecing together what's emerging as a new significant gold district."

Technical Discussion

Work Area Details

Two main areas were systematically identified during the recent field campaigns (Figures 2 and 3):

  1. Southern Area (Mirador-Fernandez Creeks): This 1.1 km x 1.2 km polygon encompasses the area where the high-grade 4.8 g/t Au sample was discovered. The presence of fault-controlled mineralization in this area opens new opportunities in the metasedimentary sequence.

  2. Northern Area (East of Palestina Creek): This 1.2 km x 1.0 km polygon immediately north of Previsto Central continues to return encouraging results, expanding the known footprint of mineralization.

New High-Grade Gold Zone

The standout result from the recent field campaigns is a rock chip sample (16674 Panel) returning 4.8 g/t Au, 36.3 g/t Ag, and 174 ppm Cu. This sample was collected from metasedimentary siltstone containing approximately 2% pyrite, located 400 m southwest of the existing Previsto Central high-grade footprint. The mineralization appears to be structurally controlled, suggesting a fault-related mineralizing event that could represent a new trend within the district.

Systematic Sampling Results

The comprehensive sampling programme between Honda Creek and Previsto Central (Figures 2 and 3) has yielded encouraging results across multiple sample types:

Rock Chip Sampling: 149 in situ rock chip samples and 4 boulder samples were collected across the work areas. These samples ranged from 4.8 g/t Au and 1.0% Cu to bld Au and 6 ppm Cu and averaged 0.1 g/t Au and 430 ppm Cu. The widespread distribution of anomalous samples indicates pervasive mineralization throughout the area.

Channel Sampling: Twenty-two channels comprising 146 samples were collected to test mineralization continuity. These samples ranged from 1.0 g/t Au and 0.2% Cu to bld Au and 21 ppm Cu and averaged 0.1 g/t Au and 214 ppm Cu. Notably, grades exceeding 0.5 g/t Au occurred commonly within the high-grade footprint area, confirming the continuity of mineralization.

Soil Geochemistry: 45 soil samples over the area ranged from 0.4 g/t Au to 0.007 g/t Au and averaged 0.1 g/t Au providing additional evidence for underlying bedrock mineralization and defining vectors for continued exploration.

Implications

The identification of high-grade gold mineralization 400 metres southwest of the Previsto Central high-grade footprint is particularly significant as it:

  • Suggests multiple mineralized trends within the district

  • Demonstrates gold mineralization in varied host rocks and structural settings

  • Identifies a critical 600 m gap zone requiring immediate follow-up

  • Bridges the mineralization between Honda Creek and Previsto Central, suggesting potential district-wide continuity

Next Steps

Hannan's team is actively following up on these discoveries with:

  • Detailed sampling of the 600 m gap zone between the new high-grade zone and existing mineralization

  • Structural mapping to understand controls on high-grade mineralization

  • Systematic expansion of sampling coverage to fully define the mineralized footprint

  • Integration of all results into the upcoming drill programme planning

Drill Permitting in Previsto (DIA Amanecer)

A ten-person environmental team including professional environmental archaeological investigations, community workshops and liaison activities has now completed collecting appropriate information necessary to make the submittal for approval to the DGAAM - General Directorate of Mining Environmental Affairs - of the Ministry of Energy and Mines, Peru. The work program includes:

  • Environmental baseline monitoring for the project, conducted by third party experts (now complete);

  • Submission to the Peruvian Ministry of Culture the CIRA (Certificate of non-existence of archaeological remains) which declares that the project does not impact archaeological sites;

  • Public participation meetings outlining Hannan's exploration plans will be held in the hamlets of Nueva Palestina, Inca Garcilazo, Chancadora and Previsto, where the communities are on record as approving the company's proposed drill program;

The DIA is the primary environmental certification required to allow low impact mineral exploration programs, that includes drilling programs, to proceed in Peru.

About the Valiente Project

The 100% owned Valiente project is in central eastern Peru, east of the city of Tingo Maria (Figures 1). The area is characterized by steep topography on the eastern flank of the Central Cordillera with elevations between 800 m and 2,000 m above sea level (a.s.l.). The project was found in 2021 during an extensive greenfields prospecting program initiated by Hannan for back-arc porphyry copper-gold systems. The Company has been actively prospecting on the project since 2021 and has successfully gained social permits progressively in all areas of interest.

During 2021 Hannan staked and still holds 910 km2 of 100% owned mining concessions at Valiente covering unexplored terrain for potential mineralized porphyry targets in central eastern Peru. The Valiente Project has rapidly evolved from a greenfields prospect to a multi-prospect opportunity.

Early surface prospecting identified two outcropping copper-gold porphyry targets and one epithermal target at Belen (see Press Release Feb 16, 2023). Porphyry areas quickly followed at Serrano Norte, Serrano and Pucacunga. The focus more recently has been on Previsto. At Previsto and Belen, a district-scale porphyry cluster within an area of 25 km by 10 km, with eight porphyry and/or epithermal targets now identified in more detail with up to 10 earlier stage targets awaiting further work.

The company is executing a multi-year strategy to systematically explore and drill test its extensive land package in this emerging Miocene-aged, linked porphyry-epithermal mineral belt.

Technical Background

All samples were collected by Hannan geologists. Samples were transported to ALS in Lima via third party services using trackable parcels and by company staff. At the laboratory, rock samples were prepared and analyzed by standard methods. The sample preparation involved crushing 70% to less than 2 mm, riffle split off 250 g, pulverize split to better than 85% passing 75 microns. Samples were analyzed by method ME-MS61, a four-acid digest performed on 0.25 g of the sample to quantitatively dissolve most geological materials. Analysis is via ICP-MS. Gold was analyzed in rock and soils by ALS in Lima using a standard sample preparation and 30 g fire assay sample charge. Soil samples were analyzed by a portable XRF (VANTA-VMR) using an in-house protocol which includes routine use of CRM and field duplicates as well as 10% check samples analyzed by ALS Lima.

Channel samples are considered representative of the in-situ mineralization samples. At this stage true widths of mineralization are not known. Grab or panel samples are selective by nature and are unlikely to represent average grades on the property.

About Hannan Metals Limited (TSXV: HAN) (OTC Pink: HANNF)

Hannan Metals Limited is an exploration company focused on the identification and delineation of large gold and copper mineralizing systems in new frontiers in Peru. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing, and advancing mineral projects in Australia, Europe and South America.

Mr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a Qualified Person as defined in National Instrument 43-101, has prepared, reviewed, verified and approved the technical contents of this news release.

On behalf of the Board, 



"Michael Hudson"

Michael Hudson, Chairman & CEO
Further Information
www.hannanmetals.com

1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez, Corporate Secretary
+1 (604) 685 9316, info@hannanmetals.com

Forward-Looking Statements. Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news.

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Figure 1: Overview of the 910 km2 Valiente project area in Peru.

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Figure 2: Map showing the vast 5x5 km gold anomaly at Previsto and the location of the current results, in comparison to the Cripple Creek gold district.

To view an enhanced version of this graphic, please visit:
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Figure 3: Zoomed in map of Mirador and Fernandez creeks work area with soil and rock chip results.

To view an enhanced version of this graphic, please visit:
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269233

FAQ

What high‑grade result did Hannan (HANNF) report at Previsto on October 6, 2025?

The PR states a rock chip peak of 4.8 g/t Au with 36.3 g/t Ag located ~400 m southwest of Previsto Central.

How much area was covered by Hannan's recent Previsto field campaigns (HANNF)?

The company reports a combined coverage of approximately 1.8 km2 between Honda Creek and Previsto Central.

How many rock chip samples did Hannan (HANNF) collect and what was the average grade?

The PR states 149 in‑situ rock chip samples plus 4 boulders, averaging about 0.1 g/t Au.

What follow‑up work will Hannan (HANNF) do after the October 6, 2025 release?

According to the PR: detailed sampling of the 600 m gap, structural mapping, expanded sampling, and drill program planning.

Has Hannan (HANNF) advanced permitting for drilling at Previsto?

The PR states environmental baseline work and community consultations are complete and the DIA submission to Peruvian authorities is in progress.

Does the October 6, 2025 PR indicate district‑scale potential for Previsto (HANNF)?

The company states the new high‑grade zone and bridging results suggest multiple mineralized trends and potential district continuity.
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