Hannan Provides Update on First-Ever Drilling of Back-Arc Porphyry and Epithermal Targets in Peru
Hannan Metals (OTC:HANNF) has reported new drilling results from its 100% owned Belen project in Peru, marking the first-ever drilling of back-arc porphyry and epithermal systems in the region. At Vista Alegre, three completed holes intercepted peripheral structures with gold values up to 0.4 g/t, while the source of high-grade boulder samples (up to 2.72 g/t Au) remains undiscovered.
At Ricardo Herrera, the first drill hole HDDRH001 has reached 610m depth, intercepting a Cu-Mo porphyry system with chalcopyrite and molybdenite mineralization. The company plans to drill a second hole 350m south. The upcoming program includes testing the 1.2 km long Sortilegio chargeability anomaly within an alkalic porphyry system.
The company's flagship Previsto project, with recent channel results of 69.1 m @ 2.4 g/t Au, awaits drill permit approval in Q3 2026.
Hannan Metals (OTC:HANNF) ha comunicato nuovi risultati di perforazione dal progetto Belen in Perù, di cui detiene il 100%, segnando la prima esplorazione con trivellazioni di sistemi porfirici back-arc ed epiterimali nella zona. A Vista Alegre tre fori completati hanno intercettato strutture periferiche con valori auriferi fino a 0,4 g/t, mentre non è ancora stata individuata la sorgente dei blocchi ad alto tenore (fino a 2,72 g/t Au).
Al Ricardo Herrera, il primo foro HDDRH001 ha raggiunto i 610 m di profondità, intercettando un sistema porfirico Cu-Mo con mineralizzazione di calcopirite e molibdenite. La società prevede un secondo foro 350 m a sud. Il programma prossimo prevede il test della anomalia di carica Sortilegio lunga 1,2 km all’interno di un sistema porfirico alcalino.
Il progetto di punta Previsto, che ha riportato recentemente risultati in canale di 69,1 m @ 2,4 g/t Au, è in attesa dell’approvazione del permesso di perforazione nel terzo trimestre 2026.
Hannan Metals (OTC:HANNF) ha informado nuevos resultados de perforación de su proyecto Belen en Perú, 100% propiedad de la compañía, marcando la primera perforación de sistemas porfíricos back-arc y epitermales en la región. En Vista Alegre tres pozos completados interceptaron estructuras periféricas con contenidos de oro de hasta 0,4 g/t, mientras que aún no se ha hallado la fuente de los cantos de alto tenor (hasta 2,72 g/t Au).
En Ricardo Herrera, el primer pozo HDDRH001 alcanzó 610 m de profundidad, interceptando un sistema porfírico Cu-Mo con mineralización de calcopirita y molibdenita. La compañía planea perforar un segundo pozo 350 m al sur. El próximo programa incluye probar la anomalía de cargabilidad Sortilegio de 1,2 km dentro de un sistema porfírico alcalino.
El proyecto emblemático Previsto, con recientes ensayos en canal de 69,1 m @ 2,4 g/t Au, espera la aprobación del permiso de perforación en el tercer trimestre de 2026.
Hannan Metals (OTC:HANNF)는 페루에 있는 100% 소유의 Belen 프로젝트에서 새로운 시추 결과를 발표했으며, 이 지역에서 처음으로 백아크 포피리 및 에피더멀 시스템을 시추한 사례입니다. Vista Alegre에서는 완료된 3개 구멍이 주변 구조를 가로지르며 금 함량 최대 0.4 g/t을 확인했으나, 높은 금 함량의 돌 샘플(최대 2.72 g/t Au)의 원천은 아직 밝혀지지 않았습니다.
Ricardo Herrera에서는 첫 번째 시추공 HDDRH001이 610m 깊이에 도달해 칼코파이라이트와 몰리브데나이트 광화가 있는 Cu-Mo 포피리 시스템을 관통했습니다. 회사는 남쪽으로 350m 떨어진 곳에 두 번째 시추를 계획하고 있습니다. 향후 프로그램에는 알칼리성 포피리 시스템 내 1.2 km 길이의 Sortilegio 전하성(차지빌리티) 이상을 시험하는 작업이 포함됩니다.
대표 프로젝트인 Previsto는 최근 트렌치 결과로 69.1 m @ 2.4 g/t Au를 보고했으며, 시추 허가는 2026년 3분기에 승인될 것으로 기다리고 있습니다.
Hannan Metals (OTC:HANNF) a publié de nouveaux résultats de forage pour son projet Belen au Pérou, détenu à 100%, marquant la première campagne de forage de systèmes porphyriques back-arc et épithermaux dans la région. À Vista Alegre, trois sondages réalisés ont intercepté des structures périphériques avec des teneurs en or allant jusqu'à 0,4 g/t, tandis que la source des blocs riches (jusqu'à 2,72 g/t Au) reste inconnue.
À Ricardo Herrera, le premier trou HDDRH001 a atteint 610 m de profondeur, interceptant un système porphyrique Cu-Mo comportant de la chalcopyrite et de la molybdénite. La société prévoit un second trou à 350 m au sud. Le programme à venir inclut le test de l'anomalie de charge Sortilegio longue de 1,2 km au sein d’un système porphyrique alcalin.
Le projet phare Previsto, qui a récemment affiché des résultats en canal de 69,1 m @ 2,4 g/t Au, attend l'approbation du permis de forage au troisième trimestre 2026.
Hannan Metals (OTC:HANNF) hat neue Bohrresultate von seinem zu 100% gehaltenen Belen-Projekt in Peru gemeldet und damit erstmals Back-Arc-Porphyr- und Epithermal-Systeme in der Region gebohrt. In Vista Alegre durchteuften drei abgeschlossene Löcher periphere Strukturen mit Goldgehalten bis zu 0,4 g/t, während die Quelle der hochgradigen Geröllproben (bis zu 2,72 g/t Au) noch nicht gefunden ist.
In Ricardo Herrera erreichte das erste Bohrloch HDDRH001 eine Tiefe von 610 m und schnitt ein Cu-Mo-Porphyr-System mit Calcopirit- und Molybdänit-Mineralisierung an. Das Unternehmen plant ein zweites Bohrloch 350 m südlich. Das bevorstehende Programm sieht die Erprobung der 1,2 km langen Sortilegio-Ladungsanomalie innerhalb eines alkalischen Porphyrsystems vor.
Das Vorzeigeprojekt Previsto, das kürzlich Kanalergebnisse von 69,1 m @ 2,4 g/t Au meldete, wartet auf die Genehmigung der Bohrbewilligung im dritten Quartal 2026.
- First-ever drilling program in an unexplored region with significant mineralization potential
- Discovery of Cu-Mo porphyry system at Ricardo Herrera with visible chalcopyrite and molybdenite
- High-grade surface samples at Vista Alegre with values up to 2.72 g/t Au
- Strong channel sampling results at Previsto project showing 69.1 m @ 2.4 g/t Au
- Initial Vista Alegre holes failed to intercept main mineralized structure
- Drill permit for flagship Previsto project not expected until Q3 2026
- Current mineralization in Ricardo Herrera showing mostly low-density veinlets
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Hannan Metals Limited's (TSXV: HAN) (OTC Pink: HANNF) ("Hannan" or the "Company") is pleased to report new drilling results from its
Key Points:
1. Vista Alegre - Peripheral to Main System
Three completed holes tested IP chargeability/geochemical anomalies but intercepted only leakage/peripheral structures, not the main mineralized zone. Drill holes returned up to 0.4 g/t Au, interpreted as surficial enrichment restricted to the upper 90 m regolith profile. The main mineralized structure has not yet been intercepted, with holes hitting only peripheral/leakage zones. Short wave infrared ("SWIR") spectral data shows increasing fluid temperature at depth (higher temperature micas) with elevated Cu (250 ppm) and As (850 ppm) in holes HDDVA001 and HDDVA002 (Figure 4), suggesting proximity to a hotter core system.
The source of 21 mineralized boulders (0.15 g/t to 2.72 g/t Au, up to 1,475 ppm As) located 300 m to 500 m east of drilling remains undiscovered (Figure 3). Boulders display silica groundmass with pyrite veins/stockworks/breccias (up to
2. Ricardo Herrera - Calc-Alkaline Porphyry Cu-Mo System Drilled
The first drill hole at Ricardo Herrera, HDDRH001, has drilled up to 610 m with an estimated total depth of 700 m. The drill hole has intercepted a Cu-Mo porphyry system with various vein types. Chalcopyrite has been logged, dominantly on veinlet fractures that range in density of up to 10 per m but in general much less. Molybdenite has also been sporadically logged particularly below 248 m down hole. Drilling continues to test deeper extensions of the system. A second hole is planned 350 m south at Riccardo Herrera.
3. Next Steps - High Priority Targets Remain
Following a second hole at Ricardo Herrera, the 1.2 km long Sortilegio chargeability anomaly within an alkalic porphyry system will be drill tested. As well, Vista Alegre has multiple untested high-resistivity targets scheduled for Stage 2 drilling (Figures 2 and 3).
Michael Hudson, CEO, states: "We are pleased to report results from our pioneering drill program, representing the first-ever drill testing of these back-arc porphyry and epithermal systems, with the nearest historical drilling located over 50 km away. This virgin territory is already demonstrating why it deserved testing. While our three holes at Vista Alegre have not yet intersected the main mineralized structure, they've discovered clear evidence of a robust hydrothermal system and anomalous gold, copper and arsenic values. The source of the high-grade gold boulders, with values up to 2.72 g/t Au located just 300 m to 500 m from our drilling, remains an exciting untested target.
"At Ricardo Herrera, HDDRH001 is making history as the first hole to test this porphyry system, currently advancing through copper-molybdenum mineralization dominantly recorded on veinlets in classic porphyry-style veining and alteration. Minor recorded disseminated Cu and Mo in the drill hole is encouraging.
"As first-movers in this underexplored district, we're just scratching the surface. Our key focus remains on advancing Previsto, our flagship alkaline epithermal gold target with its established 3 km x 3 km footprint and recent high-grade channel results of 69.1 m @ 2.4 g/t Au, where we anticipate drill permit approval in Q3 2026. The combination of untested geophysical anomalies, unexplained high-grade boulder fields, and the visual mineralization we're seeing at Belen validates our strategy of being the first to systematically explore these back-arc systems. This is frontier exploration at its best, and we're excited to continue unlocking the potential of this virgin territory."
Drilling Program at Belen
Belen is located 23 km SW of Previsto Central and contained within the permitted Valiente DIA area. The initial phase of drilling at Belen zone consists of up to 5,000 m across 18 diamond drill holes designed to test the three primary target areas at Belen. The drilling program is expected to take approximately 6 months to complete:
Vista Alegre:
Three drill holes completed at Vista Alegre tested a highly chargeable IP anomaly and surface geochemical anomaly but have not yet intersected the main mineralized structure, instead intersecting leakage/peripheral structures with evidence of high-temperature hydrothermal fluids including discrete zones of potassic alteration and silicification. SWIR data indicates progressively higher temperature white micas toward the end of holes HDDVA001 and HDDVA002, correlating with increasing Cu (up to 250 ppm) and As (up to 850 ppm), suggesting the system is heating up at depth (Figure 4), while hole HDDVA003 was terminated in a late dioritic intrusive that obscured this trend. Surface gold values up to 0.4 g/t appear restricted to surficial enrichment in the upper 90 m regolith profile, and the high IP chargeability at holes HDDVA001 and HDDVA002 is explained by jarosite and clay rather than sulfide mineralization.
The source of 21 mineralized boulders (0.15 g/t to 2.72 g/t Au, up to 1,475 ppm As) located 300 m to 500 m east of drilling remains undiscovered (Figure 3). Boulders display silica groundmass with pyrite veins/stockworks/breccias (up to
Ricardo Herrera:
Drill hole HDDRH001 (Figure 3), planned 700 m depth, has intersected a porphyry copper-molybdenum system from surface to current depth of 610 m (as of August 24, 2025), hosted primarily in feldspar porphyry and related intrusive rocks with multiple alteration zones (phyllic, propylitic, argillic, and locally potassic). Mineralization consists of pyrite (
Drilling continues toward the 700 m target depth to test deeper extensions of the system. A second hole is planned for Ricardo Herrera.
Sortilegio:
The final phase drilling will investigate the 1.2 km long chargeability anomaly within the alkalic porphyry system. Drillholes will target the source of extensive surface soil copper anomalies coinciding with hydrothermal gold anomalous quartz-gossan boulders with elevated Au-Mo-Te. The chargeability response consists of three alkalic Cu-Au targets identified within the 1.2 km long trend.
Hannan Metals is committed to legal compliance, community respect, and environmental stewardship, emphasizing that all operations only proceed with proper authorization from local populations and with required environmental and archaeological certifications.
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
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Figure 2: Overview of the Belen target area showing IP chargeability and resistivity outlined, gold in outcrop, boulder and soil and copper in outcrop.
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Figure 3: Inset map showing drillhole traces at Vista Alegre and Richard Herrera. Note the source of 21 mineralized boulders (0.15 g/t to 2.72 g/t Au, up to 1,475 ppm As) located 300 m to 500 m east of drilling remains undiscovered. Boulders display silica groundmass with pyrite veins/stockworks/breccias (up to
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Figure 4: strip log comparing Au, Cu, As and white mica absorption feature (SWIR data) in holes HDDVA001, 002, 003.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263707
FAQ
What are the initial drilling results from Hannan Metals' (HANNF) Belen project in Peru?
What is the significance of Hannan Metals' drilling program in Peru?
What are the gold grades found in the Vista Alegre boulder samples at HANNF's project?
When does Hannan Metals expect to receive drilling permits for its Previsto project?
What are the recent channel sampling results from HANNF's Previsto project?
