Welcome to our dedicated page for Hannan Metals news (Ticker: HANNF), a resource for investors and traders seeking the latest updates and insights on Hannan Metals stock.
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 Limited (TSXV:HAN, OTC PINK:HANNF) has announced promising results from systematic channel sampling at the Tabalosos East prospect in Peru. Sampling over an 8-kilometre by 1-kilometre area yielded an average of 1.0 metre at 2.1% copper and 29 g/t silver across 42 of 53 channels. Notable findings include samples with grades up to 4.3% copper and 53 g/t silver. The exploration program, including a 782-line kilometre LiDAR survey, has positioned Hannan for future drilling in H1 2022. Additionally, the company has received the Certificate of Inexistence of Archaeological Remains, crucial for advancing exploration activities.
Hannan Metals Limited (HANNF) reports significant exploration results from the Tabalosos East prospect in Peru, revealing high-grade copper and silver mineralization. Surface channel sampling over a 500-meter strike returned assays such as 1.6m at 5.3% Cu and 83 g/t Ag. The mapping also identified a 10m wide zone of altered, bleached shale with anomalous copper over 650m. The company is preparing an Environmental Impact Statement to enable low-impact drilling anticipated in Q2 2022. This geological breakthrough reinforces the potential for widespread reduced facies mineralization in the Huallaga basin.
Hannan Metals Limited (TSXV:HAN)(OTC PINK:HANNF) announced positive results from its soil sampling program at the Tabalosos East prospect in Peru. The sampling identified significant extensions of the copper-silver mineralized shale horizon, now extending over 24 kilometers. High-grade mineralization includes up to 2.0 meters at 4.9% copper and 62 g/t silver. A total of 2,090 sites were sampled, with ongoing work to expand the area and prepare for trench sampling. Environmental permitting for advanced exploration is underway, indicating robust progress in the San Martin JOGMEC JV Project.
Hannan Metals Limited announced the exercise of 6,735,167 common share purchase warrants, raising $1,695,552 in gross proceeds. This represents a nearly universal take-up by shareholders, showcasing strong support for the company. The CEO, Michael Hudson, emphasized the alignment of interests among shareholders and insiders, which bodes well for Hannan's exploration efforts in Peru. With a healthy treasury and a $35M joint venture with JOGMEC, Hannan is well-positioned to advance its extensive copper-gold-silver exploration projects in the region.
Summary not available.
Hannan Metals Limited (TSXV:HAN)(OTC PINK:HANNF) has released an update on its 100%-controlled copper-silver and copper-gold projects in Peru. Highlights include the discovery of high-grade copper-silver mineralization at the San Martin project, with a boulder sample showing 1.4% Cu and 21 g/t Ag. The company has increased its land position at the Previsto copper-gold project by 11% to 1,054 sq km, identifying seven new porphyry targets. Both projects showcase Hannan's significant exploration potential in Peru's mineral-rich regions.
Hannan Metals Limited has reported significant findings from its soil geochemical sampling program at the Tabalosos East prospect within the San Martin project in Peru. The survey reveals a continuity of high-grade copper-silver mineralization over an 18-kilometre strike within a 6 by 2-kilometre area. So far, 1,211 soil samples have been taken, confirming previously reported high grades, including 2.0m at 4.9% copper and 62 g/t silver. Permitting for advanced exploration, including diamond drilling, is ongoing. Future work will focus on systematic soil sampling and geological mapping.
Hannan Metals Limited (TSXV:HAN)(OTC PINK:HANNF) has started baseline studies and permitting for advanced exploration at its Tabalosos Copper-Silver Prospect in Peru. The Japanese Oil, Gas and Metals National Corporation (JOGMEC) can earn up to a 75% interest by investing up to $35 million. Recent local approvals for an Environmental Impact Statement (DIA) will allow diamond drilling in a designated area. Baseline studies involving several consultants will take about three months to complete, with final approvals expected in early 2022.
Hannan Metals Limited (TSXV:HAN)(OTC PINK:HANNF) has announced a joint venture with Japan Oil, Gas and Metals National Corporation (JOGMEC) for the San Martin project in Peru, which has a confirmed budget of US$2M from April 2021 to March 2022. Additionally, the company reported C$1.1M received from the exercise of common share purchase warrants, funding both working capital and exploration. The project focuses on copper-silver deposits and includes advanced exploration techniques such as LiDAR surveys.
Hannan Metals Limited (TSXV: HAN, OTC PINK: HANNF) has reported high-grade outcrop discoveries at its Tabalosos project in Peru, revealing significant copper and silver mineralization. Key findings include channel samples of 2.0 metres at 4.9% copper and 62 g/t silver in the Zona Sur, and 1.0 metre at 6.3% copper and 101 g/t silver in the Zona Este. The project spans over a combined strike length of 2.5 kilometres. Continued systematic sampling is planned to ascertain the full width of the mineralization, amid ongoing support from local stakeholders.