HANNAN METALS LTD
Peru
Hannan Metals: Geological Background
Hannan Metals Inc. (HAN · TSX-V) · Peru
Previsto is a newly recognized district-scale gold exploration play in Peru, a country known for major gold deposits…
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Analysis by Bill Pearson, PhD, P.Geo
Updated Jul 30, 2026
- Previsto is a newly recognized district-scale gold exploration play in Peru, a country known for major gold deposits.
- It is the first alkalic epithermal-porphyry Au + Cu system recognized in Peru
- This deposit type is relatively rare globally but is generally of high-value-Cripple Creek in USA, which produced some 30+Moz, is a prime example of this deposit type.
- The Company has completed extensive baseline geological, geochemical and geophysical work to outline a major mineralized belt some 13km long as reported May 4th.
- High-grade channel samples of 69.1m @2.4 g/t Au incl.26m @5.4 g/t Au as well as rock chip highs up to 6.7g/t Au have been reported
- No drilling has been done as yet; permitting for drilling is in progress.
- Company has an experienced exploration team with 25+ years of experience in Peru.
Figure 1
Source: Hannan Metals
- Plan map of Previsto Property showing major target areas:
- Previsto Far north – newly identified 6.7km longtarget zone
- Previsto North porphyry copper target zone
- Previsto Central (DIAAmanecer) epithermal target zone.
- North and Central target zones are within a 7km x 6km gold soil geochemical anomaly> 0.05 ppm Au
Figure 2
Source: Hannan Metals
NEWS RELEASES
Click any release to read Bill's geological analysis:
Actual holdings will vary for each client or fund and there is no guarantee that a particular account will hold any or all of the securities discussed. All investing involves risk including risk of loss. Crescat target resource estimates (TSE) are based on internal modeling and geologic estimates, and include various assumptions based on analysis of geology, geophysics, geochemistry, historic drill assays, and metallurgical recovery data received to date. TSE are discounted based on drilling progress to date, an assessment of the management and technical team's strengths and weaknesses affecting their ability to advance the project, and environmental, local community, and government permitting risk factors. Estimates are displayed on a gold equivalent basis based on current price-to-gold ratios for silver, copper, and other metals if the primary metal is other than gold. Further drilling, assaying, resource modeling, and engineering studies will be required to determine whether Crescat's TSE can be reasonably expected to be achieved. Crescat's target resource estimates are updated monthly across the entire portfolio. Sources: Crescat Capital LLC, Bloomberg, Issuer. Expected profitability percentile is based on Crescat's geologic estimates of projected grades, recoveries, capex, and operational costs on the primary project compared to the universe of operating mines. This value does not project overall anticipated company profitability.