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.
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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.
Hannan Metals Limited (HANNF) has established a binding agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) for a significant Option and Joint Venture on the San Martin Project in Peru. The agreement allows JOGMEC to earn up to a 75% interest by investing up to US$35 million to deliver a feasibility study. Initial investments include US$8 million over four years, with additional funding options for prefeasibility and feasibility studies. Hannan will manage exploration until JOGMEC acquires a 51% interest, with early exploration focusing on geological data collection.
Hannan Metals Limited (TSXV: HAN, OTCPK: HANNF) held its Annual General Meeting (AGM) on November 5, 2020, with 30% of outstanding shares represented. Shareholders approved several key resolutions, including the election of five directors, the appointment of Davidson & Company as auditor, and the approval of a new 10% rolling Stock Option Plan. Following the AGM, the Board re-appointed Michael Hudson as Chairman and CEO. Hannan is focused on developing sustainable metal resources essential for the low carbon economy.
Hannan Metals Limited (TSXV:HAN)(OTC PINK:HANNF) is set to restart field activities at its 100% owned San Martin copper-silver project in Peru, commencing in early November. Initial work will center on the Tabalosos area, focusing on systematic geochemical sampling and mapping to identify mineralized zones. Previous findings indicate significant mineralization across a 30-kilometer trend, with high-grade copper and silver occurrences. Hannan emphasizes compliance with COVID regulations and a commitment to local community engagement in the exploration process.