Mike Fagan,
Editor
Aug. 12, 2025
Hannan Metals Ltd. (TSX-V: HAN)(OTC: HANNF) — currently trading around C$1.00 per share in a near record gold market — has announced new high-grade gold assay results from its 100%-owned Previsto prospect, Peru, confirming a significant expansion of the mineralized footprint at its alkaline epithermal gold system.
Recent channel sampling has extended mineralization in multiple directions from the central high-grade zone, highlighting strong lateral continuity across a broad 3 x 3 km area.
The results reinforce a geological model consistent with major alkaline gold systems — large volumes of lower-grade mineralization interspersed with high-grade pockets — a style often referred to as a “sea of gold.” This model has delivered several world-class deposits globally, including Cripple Creek in Colorado.
Hannan Metals CEO Michael Hudson — whom you’re about to hear from directly in our exclusive interview coming right up — commented on the expanding gold footprint and sea of gold potential at Previsto via press release:
“These latest results confirm we've systematically outlined a 3 km x 3 km alkaline epithermal gold system with exceptional lateral continuity - the hallmark of a district-scale find. The consistent gold-silver-tellurium mineralization, roscoelite alteration, elevated vanadium signatures, and K-feldspar porphyry host rocks across this expanded footprint demonstrate we're dealing with a coherent hydrothermal system, not isolated occurrences. This structural architecture and geochemical fingerprint mirrors what we see at world-class alkaline systems like Cripple Creek, with similar high-grade pockets within a ‘sea of gold.’ With environmental baseline work completed for Previsto drill permitting and our inaugural drilling program at Belen delivering three completed holes awaiting assays, we're systematically advancing multiple high-grade targets across this emerging 150 km mineral belt.”
July fieldwork at Previsto uncovered new outcrops beneath heavy vegetation, returning continuous mineralized widths ranging from 11.5 to 27 meters. While grades from this phase were generally modest, the scale and consistency of gold mineralization across the property are viewed as highly encouraging for ongoing systematic exploration.
The work also marks a shift from focusing solely on grade to understanding the broader structural architecture that controls this district-scale system. Previsto (aka “The Monster”) is one of several large-scale targets within Hannan’s 150 km Valiente belt.
Environmental baseline studies, archaeological reviews, and community engagement are complete with final DIA approval and related permits expected in Q3 2026, clearing the way for the project’s maiden drill program.
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, Ricardo Herrera, and Sortilegio — with up to 5,000 meters of diamond drilling across 18 holes planned through Q4 2025.
At Vista Alegre, three holes are now complete targeting high-priority sections of a 2.4 km copper-gold corridor with strong discovery potential with assays pending.
Drilling has now shifted to the Ricardo Herrera prospect where a 500 meter hole is targeting the core of a large 1,000 x 250 meter copper-gold system with strong alteration with the aim of defining the full scale and strike potential.
The final phase of the program will target multiple copper-gold zones at the Sortilegio prospect along a 1.2 km trend, following up on strong surface copper and gold anomalies.
The program is expected to run about six months with initial assay results expected in the coming weeks.
Strengthening its position for the work ahead, HAN has added C$2.25M to its treasury through warrant exercises, delivering a timely boost as drilling ramps up and as exploration advances across the company’s high-potential projects in the Peruvian back-arc.
With high-grade mineralization continuing to grow at Previsto and drills turning at Belen, Hannan is entering a pivotal stage in its systematic testing of multiple large-scale targets across the 150 km Valiente belt.
As promised, our own Gerardo Del Real of Junior Resource Monthly caught up with Hannan Metals CEO Michael Hudson to discuss the expanding high-grade gold footprint at Previsto and the ongoing multi-target drill program 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,
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The technical disclosure in this document pertaining to the mineral properties of Hannan Metals Ltd. has been reviewed and approved by Michael Hudson, Executive Chairman & CEO of Hannan Metals, a Fellow of the AUSIMM and a “qualified person” as defined in National Instrument 43-101- Standards of Disclosure for Mineral Projects. The qualified person has verified the data of Hannan Metals Ltd., including sampling, analytical and test data underlying the information contained in this document.
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