Hannan Expands Previsto Gold Prospect Footprint by 2.1 km
Hannan Metals (OTC:HANNF) has announced a significant expansion of its Previsto gold prospect with the discovery of a new gold zone at Honda Creek in Peru. The newly identified zone, spanning 2 km x 0.8 km, is located 1.3-2.1 km south-southwest of the Previsto Central prospect.
The Honda Creek zone has yielded impressive results with rock chip samples up to 0.92 g/t Au and soil samples up to 0.70 g/t Au. Unlike the alkaline intrusive-hosted system at Previsto Central, this zone shows gold-only mineralization within limestone and siltstone units of the Chonta Formation, suggesting potential for carbonate replacement or sediment-hosted gold deposits.
This discovery extends the greater Previsto mineralized system to over 5 km in strike length, significantly enhancing the district-scale potential of the project within Hannan's 1,002 km² land package. The company is advancing its drill permit application with environmental and archaeological investigations completed.
Hannan Metals (OTC:HANNF) ha annunciato un'importante estensione del suo giacimento aurifero Previsto con la scoperta di una nuova zona aurifera a Honda Creek, in Perù. La nuova area individuata, di dimensioni 2 km x 0,8 km, si trova a 1,3-2,1 km a sud-sudovest del giacimento Previsto Central.
La zona Honda Creek ha restituito risultati significativi con campioni di roccia fino a 0,92 g/t Au e campioni di suolo fino a 0,70 g/t Au. A differenza del sistema alcalino intracorporeo ospitato a Previsto Central, questa zona presenta mineralizzazione aurifera esclusiva all'interno di unità calcaree e di siltstone della Formazione Chonta, suggerendo potenziale per depositi di sostituzione carbonatica o oro sedimentario.
Questa scoperta estende il sistema mineralizzato Previsto a oltre 5 km di lunghezza lungo lo strike, migliorando notevolmente il potenziale a scala distrettuale del progetto all'interno del pacchetto di terre di Hannan di 1.002 km². La società sta procedendo con la richiesta di permesso di perforazione, avendo completato le indagini ambientali e archeologiche.
Hannan Metals (OTC:HANNF) ha anunciado una ampliación significativa de su prospecto aurífero Previsto con el hallazgo de una nueva zona de oro en Honda Creek, Perú. La zona recién identificada, de 2 km x 0,8 km, se ubica a 1,3-2,1 km al sur-suroeste del prospecto Previsto Central.
La zona Honda Creek ha mostrado resultados notables con muestreos de roca de hasta 0,92 g/t Au y muestras de suelo de hasta 0,70 g/t Au. A diferencia del sistema intrusivo alcalino alojado en Previsto Central, esta área presenta mineralización exclusivamente aurífera dentro de unidades de caliza y lutita de la Formación Chonta, lo que sugiere potencial para depósitos por reemplazo carbonatado o oro hospedado en sedimentos.
Este hallazgo extiende el sistema mineralizado Previsto a más de 5 km de longitud, aumentando significativamente el potencial a escala de distrito del proyecto dentro del paquete de tierras de Hannan de 1.002 km². La compañía está avanzando en la solicitud del permiso de perforación, habiendo completado las investigaciones ambientales y arqueológicas.
Hannan Metals (OTC:HANNF)는 페루의 Honda Creek에서 새로운 금(zone)을 발견하며 Previsto 금 탐사구역을 대폭 확장했다고 발표했습니다. 새로 확인된 구역은 2 km x 0.8 km 규모로 Previsto Central 탐사구에서 남남서쪽으로 1.3–2.1 km 떨어져 있습니다.
Honda Creek 구역에서는 암편 샘플에서 최대 0.92 g/t Au, 토양 샘플에서 최대 0.70 g/t Au의 우수한 결과가 나왔습니다. Previsto Central의 알칼리성 관입암 주도 시스템과 달리, 이 구역은 Chonta층의 석회암 및 이암 단위 내에서 금만이 함유된 광화 양상을 보여 탄산염 치환형 또는 퇴적암 호상 금광 가능성을 시사합니다.
이 발견으로 Previsto의 광화 시스템은 연장 길이가 5 km 이상으로 확대되어 Hannan의 1,002 km² 토지 패키지 내에서 프로젝트의 지구 규모 잠재력이 크게 향상되었습니다. 회사는 환경 및 고고학 조사를 완료하고 시추 허가 신청을 진행 중입니다.
Hannan Metals (OTC:HANNF) a annoncé une extension significative de son prospect aurifère Previsto avec la découverte d'une nouvelle zone aurifère à Honda Creek, au Pérou. La zone nouvellement identifiée, de 2 km x 0,8 km, se situe à 1,3–2,1 km au sud-sud-ouest du prospect Previsto Central.
La zone de Honda Creek a donné des résultats remarquables, avec des prélèvements de roche atteignant 0,92 g/t Au et des échantillons de sol jusqu'à 0,70 g/t Au. Contrairement au système intrusif alcalin hébergé à Previsto Central, cette zone présente une minéralisation aurifère uniquement dans des unités de calcaire et de siltstone de la Formation Chonta, suggérant un potentiel pour des dépôts par remplacement carbonaté ou des gisements d'or sédimentaires.
Cette découverte étend le système minéralisé Previsto à plus de 5 km de longueur, renforçant considérablement le potentiel à l'échelle du district du projet au sein du portefeuille foncier de Hannan de 1 002 km². La société fait progresser sa demande de permis de forage, les études environnementales et archéologiques ayant été achevées.
Hannan Metals (OTC:HANNF) hat eine bedeutende Erweiterung seines Previsto-Goldprospekts bekannt gegeben: In Honda Creek in Peru wurde eine neue Goldzone entdeckt. Die neu identifizierte Zone von 2 km x 0,8 km liegt 1,3–2,1 km süd-südwestlich des Prospekts Previsto Central.
In der Honda Creek-Zone wurden vielversprechende Ergebnisse erzielt, mit Gesteinsproben bis zu 0,92 g/t Au und Bodenproben bis zu 0,70 g/t Au. Anders als das alkalische, von Intrusiven geprägte System bei Previsto Central zeigt diese Zone Goldmineralisierung ausschließlich in Kalkstein- und Schluffsteineinheiten der Chonta-Formation, was auf Potenzial für karbonatverdrängte oder sedimentgehostete Goldlagerstätten hindeutet.
Dieser Fund erweitert das größere Previsto-Mineralisierungssystem auf über 5 km Streichlänge und steigert damit erheblich das distriktweite Potenzial des Projekts innerhalb von Hannans 1.002 km² Landpaket. Das Unternehmen treibt den Antrag auf Bohrgenehmigung voran, nachdem Umwelt- und archäologische Untersuchungen abgeschlossen wurden.
- Discovery of new 2 km x 0.8 km gold zone at Honda Creek with samples up to 0.92 g/t Au
- Extension of mineralized system to over 5 km strike length
- Identification of new gold mineralization style in sedimentary rocks, expanding exploration potential
- Advancement in drill permitting process with completed environmental studies
- Relatively low-grade gold values in channel samples (0.03 to 0.14 g/t Au)
- Early-stage exploration with no defined resource estimates
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - Hannan Metals Limited's (TSXV: HAN) (OTC Pink: HANNF) ("Hannan" or the "Company") is pleased to announce the identification of a new gold zone at Honda Creek, located 1.3 km to 2.1 km south-southwest of the Previsto Central prospect at its
Key Points:
Significant New Gold Zone Identified: A substantial 2 km x 0.8 km gold anomalous zone has been discovered at Honda Creek, located 1.3 km to 2.1 km south-southwest of the Previsto Central prospect. At Honda Creek rock chip samples returning up to 0.92 g/t Au and soil samples up to 0.70 g/t Au, representing a major expansion of the known mineralized footprint beyond Previsto Central.
Gold-Focused System in Sedimentary Host Rocks: The Honda Creek zone demonstrates gold-only mineralization (all samples <500 ppm Cu) predominantly hosted within the Chonta Formation limestone and siltstone units with small scattered intrusives, indicating a different mineralization style that complements the alkaline intrusive-hosted epithermal system at Previsto Central located 1.3 km to 2.1 km north-northeast.
Extensive Surface Sampling Confirms Mineralization: Systematic sampling confirms widespread gold anomalism across the entire 1.6 km² area.
Strategic Expansion of District-Scale System: The Honda Creek discovery extends the greater Previsto mineralized system to over 5 km in strike length, reinforcing the district-scale potential of this emerging gold camp and providing multiple exploration vectors for future drill targeting.
Validates Exploration Model Beyond Porphyry Hosts: The identification of gold mineralization within sedimentary Chonta Formation rocks demonstrates that mineralization extends beyond the K-feldspar porphyry-hosted zones, significantly expanding the prospective ground within the Company's 1,002 km² land package.
Michael Hudson, CEO, states: "The first results from the new Honda Creek area represent a significant expansion of our Previsto gold system. Finding this extensive 2,000 m by 800 m gold zone in predominantly sedimentary host rocks, distinct from our alkaline epithermal mineralization at Previsto Central, demonstrates we're dealing with a multi-phase, district-scale gold system.
"The gold-only signature and limestone host rocks suggest potential for carbonate replacement or sediment-hosted gold mineralization styles, adding an entirely new dimension to our exploration model. With surface samples returning up to 0.92 g/t Au across this vast area, we're seeing the hallmarks of a major gold district emerging. This discovery, combined with our advancing drill program at Belen and the systematic expansion at Previsto Central, positions Hannan at the forefront of one of Peru's most exciting new gold frontiers."
"We're looking at a vast 'sea of gold' opportunity. Our next exploration campaigns have strategically focused on our high-grade areas where sampling has discussed 26.0 m @ 5.4 g/t Au, specifically designed to expand known zones and systematically identify high-grade mineralization trends within this emerging gold district (Figure 2)."
Technical Discussion
Honda Creek Gold Mineralization
The Honda Creek area represents a new gold discovery located 1,300 m to 2,100 m south-southwest of the Previsto Central high-grade gold zone. This find substantially expands the known mineralized footprint of the greater Previsto district and introduces a potentially different style of gold mineralization to the project.
Geological Setting and Mineralization Style
Unlike the K-feldspar porphyry-hosted alkaline epithermal system at Previsto Central, the Honda Creek zone is predominantly hosted within the Chonta Formation, consisting of limestone and siltstone units with scattered small intrusive bodies. This geological setting suggests potential for:
Carbonate replacement-style mineralization where gold-bearing fluids have preferentially replaced favorable limestone horizons
Sediment-hosted gold systems similar to Carlin-type deposits
Contact-related mineralization associated with the small intrusive bodies scattered throughout the area
The exclusively gold-focused nature of the mineralization, with all rock samples containing less than 500 ppm copper, distinguishes this zone from typical porphyry-related systems and suggests a gold-specific mineralizing event.
Sampling Results and Distribution
The systematic sampling program at Honda Creek has defined a substantial 2,000 m x 800 m gold anomalous zone through multiple sample types:
Rock Chip Sampling: 81 rock chip samples collected across the zone returned gold values ranging from 0.002 g/t to 0.92 g/t Au and averaging 0.09 g/t Au. The distribution of anomalous samples throughout the entire area indicates widespread mineralization rather than isolated occurrences.
Channel Sampling: Four channel samples (CH16701, CH16719, CH16721, CH16724) with a cumulative length of 11.9 m were collected to test mineralization continuity. While returning lower grades (0.03 to 0.14 g/t Au), these channels confirm the pervasive nature of gold mineralization across different structural orientations.
Soil Geochemistry: 26 soil samples returned anomalous gold values ranging from 0.03 g/t to 0.70 g/t Au and averaging 0.12 g/t Au. The elevated gold in soils across this large area provides strong evidence for underlying bedrock mineralization and defines clear vectors for follow-up exploration.
Implications for District-Scale Potential
The Honda Creek discovery significantly enhances the district-scale potential of the greater Previsto area by:
Expanding the mineralized footprint from the known 3 km x 3 km area at Previsto Central to a district spanning over 5 km in strike length
Demonstrating multiple mineralization styles within a single district, increasing the potential for multiple deposit types
Validating the exploration model in sedimentary host rocks, dramatically expanding the prospective ground within Hannan's land package
Next Steps at Honda Creek
The Company plans to advance the Honda Creek discovery through:
Detailed geological mapping to understand structural controls on mineralization
Systematic channel sampling of available outcrops
Integration with the upcoming Previsto drill permit application
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
During 2021 Hannan staked and still holds 1,002 km2 of
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
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 discovery 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.
Figure 1: Overview of the 1,002 km2 Valiente project area in Peru.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5402/264712_96bb9a36e4bcebfe_004full.jpg
Figure 2: Map showing the vast 5x5 km gold anomaly at Previsto and the location of the Honda Creek results, in comparison to the Cripple Creek gold district.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5402/264712_96bb9a36e4bcebfe_005full.jpg
Figure 3: Zoomed in map of Honda Creek work area with soil and rock chip results.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5402/264712_96bb9a36e4bcebfe_006full.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264712
FAQ
What are the latest gold discovery results at Hannan Metals' (HANNF) Previsto project?
How does the Honda Creek discovery impact Hannan Metals' exploration potential?
What type of gold mineralization was found at Honda Creek by HANNF?
What is the current status of Hannan Metals' drill permit application for Previsto?
How extensive was the sampling program at Honda Creek?
