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Hannan Metals Ltd ( (TSE:HAN) ) has shared an announcement.
Hannan Metals Ltd announced a significant discovery of high-grade gold mineralization at its 100%-owned Previsto project in Peru. The channel sampling revealed 69.1 meters at 2.4 g/t gold, including 26.0 meters at 5.4 g/t gold, within a large 6 km x 6 km epithermal-porphyry cluster. This discovery indicates the potential for a major new mineral district, adding to Hannan’s strategic positioning in the 150 km long Valiente gold-copper project. With drill permits secured and plans for further drilling in Q2 2025, the company is methodically advancing its exploration efforts to exploit the district-scale opportunity.
More about Hannan Metals Ltd
Hannan Metals Ltd is a mineral exploration company focused on discovering and developing high-grade gold and copper projects. The company is particularly active in Peru, where it explores large-scale mineralized systems within the epithermal-porphyry clusters.
YTD Price Performance: 2.86%
Average Trading Volume: 58,336
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$86.73M
Learn more about HAN stock on TipRanks’ Stock Analysis page.
