Mike Fagan,
Editor
July 15, 2025
Hannan Metals Ltd. (TSX-V: HAN)(OTC: HANNF) — currently trading around C$1.00 per share in a near record copper-gold market — has announced new high-grade gold channel sample results at its 100%-owned Previsto prospect located within the broader Valiente Project, Peru.
The latest results have successfully expanded the mineralized footprint at the Previsto Central target, part of an emerging alkaline epithermal system interpreted to be analogous in style to world-class deposits at Cripple Creek and Porgera.
Highlights from two new perpendicular channel samples include:
- 13.6 meters @ 2.1 g/t Au and 17 g/t Ag, including 0.3 meters @ 13.3 g/t Au, 24 g/t Ag, and 34 g/t tellurium (Te)
- 4.6 meters @ 7.2 g/t Au and 26 g/t Ag, including 3.4 meters @ 9.6 g/t Au, 34 g/t Ag, and 30 g/t Te
Hannan Metals CEO Michael Hudson — whom you’re about to hear from directly in our exclusive interview coming right up — commented on the impressive expansion of known mineralization at Previsto via press release:
“These latest results from Previsto Central continue to demonstrate the exceptional potential of our Previsto alkalic epithermal gold system. The ability of our team to consistently follow up high-grade gold mineralization in outcrop across new areas, including 4.6 m @ 7.2 g/t Au, located 30 m from previous sampling, is particularly impressive. Combined with the continued expansion of our mineralized footprint to 750 m of strike length within our broader 4 km by 4 km soil gold anomaly, these results reinforce our growing confidence in this emerging globally significant alkaline gold target.”
“What's particularly exciting is our discovery of new outcropping high-grade zones, including a 2.2 g/t Au panel sample located 255 m SSW of our known high-grade area. With only a small percentage of the prospective ground investigated to date, the potential to identify additional high-grade zones along our current 750 m strike length remains very strong.”
“The new gold rich areas found at Previsto, combined with our ongoing drilling program at Belen located 22 km SSW, where we've completed two drill holes and are advancing a third, demonstrate that Hannan is systematically proving up multiple district-scale targets across the Valiente mineral belt. These new results position us strongly as we also advance drill permitting at Previsto, with our Environmental Impact Statement (DIA) work now underway and final submission to relevant government agencies anticipated during 2025.”
The newly sampled channels are located approximately 30 meters east of previously reported high-grade zones, which include intervals such as 26.0 meters @ 5.4 g/t Au. Mineralization remains open in all directions.
In addition, a panel sample taken 255 meters south-southwest of the current channel area — representing a new outcropping zone — returned 2.2 g/t gold, 11 g/t silver, and 0.13% copper from a 1-sq-meter outcrop exposure. This discovery confirms the potential for further high-grade zones within the broader alteration system.
The footprint at Previsto Central now extends to 750 meters of strike length within a zone up to 100 meters wide. Recent chip and panel sampling from newly discovered altered outcrops further south returned anomalous values ranging from 0.2 to 0.4 g/t Au, helping to define the southern extent of the mineralized corridor.
Previsto Central is hosted within brecciated K-feldspar porphyry and displays features consistent with alkalic gold systems — including roscoelite alteration, quartz-pyrite stockworks, and structural control along late strike-slip faulting.
Environmental baseline work is underway to support the submission of a Declaración de Impacto Ambiental (DIA), a key permitting milestone for future drilling at Previsto; submission is anticipated later in 2025.
The latest results underscore the potential for additional high-grade discoveries across Hannan’s extensive 4 X 4 km gold-in-soil anomaly and reinforce Previsto Central’s position as a key target within the underexplored Valiente belt.
Belen Drilling Update
Hannan is concurrently in the midst of its maiden drill program at the Belen prospect [~23 km southwest of Previsto Central] within the broader Valiente Project.
The program is testing three high-priority mineralized zones — Vista Alegre, Sortilegio, and Ricardo Herrera — with up to 5,000 meters of diamond drilling across 18 holes planned through Q4 2025.
At Vista Alegre, the first two drill holes (HDDVA001 and HDDVA002) have been completed to depths of 184.6 meters and 256.8 meters, respectively. A third hole (HDDVA003) targeting 300 meters is now underway.
The program is testing a 600-meter-long high-chargeability, low-resistivity zone within a 2.4-km-long geophysical corridor coinciding with elevated gold-in-soil values (up to 0.12 g/t Au) and mineralized surface boulders grading up to 2.72 g/t gold and 44 g/t silver.
Drilling will then shift to the Sortilegio prospect where three alkalic porphyry Cu-Au targets are aligned along a 1.2-km-long chargeability trend, and then to Ricardo Herrera, which hosts outcropping porphyry-style copper-gold mineralization associated with a 1,000 X 250 meter chargeability anomaly.
Initial assay results from Vista Alegre are anticipated later this month with continued drilling and news flow from the multi-prospect campaign projected into late 2025.
Together, the expanding high-grade footprint at Previsto Central and active drilling at Belen mark a key inflection point for Hannan as it systematically tests multiple large-scale targets across the 150-km-long Valiente belt.
Hot on the story as always, our own Gerardo Del Real of Junior Resource Monthly tracked down a very busy Hannan Metals CEO Michael Hudson to get his boots-on-the-ground insights on the expanding high-grade gold footprint at Previsto and the early-stage drilling underway at Belen. Please enjoy!
For additional information on Vancouver-based Hannan Metals, be sure to contact Ms. Mariana Bermudez at the company’s IR department at 604-685-9316 or via email at info@hannanmetals.com.
Sign up to receive updates directly from Hannan Metals here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
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