Hannan Metals announced a major expansion of the known gold mineralized footprint at its Previsto Central discovery within the Valiente project in Peru, with new channel sampling increasing the interpreted mineralized width by approximately six times and strengthening the case for the presence of a large-scale bulk-tonnage gold system.
Beyond the Headline
Hannan Metals announced a major expansion of the known gold mineralized footprint at its Previsto Central discovery within the Valiente project in Peru, with new channel sampling increasing the interpreted mineralized width by approximately six times and strengthening the case for the presence of a large-scale bulk-tonnage gold system.
Key Highlights:
- Continuous mineralized channel length increased from 15.5 m to 96.5 m (estimated true width ~90 m), representing a six-fold increase in the known width of the system.
- All 148 channel samples plus one panel sample returned anomalous gold values across a 370 m × 70 m work area, with no barren intervals identified.
- Strong gold-silver intercepts including:
- 5 m @ 0.6 g/t Au and 15 g/t Ag, including 6.7 m @ 1.7 g/t Au and 9 g/t Ag and 1.0 m @ 7.1 g/t Au and 54 g/t Ag
- Another zone returned 13.2 m @ 1.5 g/t Au and 13 g/t Ag, including 3.7 m @ 4.1 g/t Au and 28 g/t Ag.
The Company emphasized the discovery of two distinct mineralized breccia styles extending across about 40 m cumulative true width. Mineralization occurs in sulphide-bearing breccia cement rather than only in veins, which Hannan interprets as evidence of a large hydrothermal system. The mineralization is also spatially associated with alkalic porphyry dikes, suggesting Previsto may represent the upper preserved expression of a deeper alkalic porphyry center that remains untested by drilling.
Hannan’s team plans to complete detailed structural mapping and additional channel sampling of Previsto Central outcrops to further define high-grade gold and understand the structural controls of mineralization, with a focus on vectoring toward the core of a potentially highly prospective breccia pipe. In addition, further systematic sampling and mapping of the Copper Zone 1.3 – 2.0 km north of the Previsto Central gold zone will be held out. A positive community workshop was recently held, and the Company expects to be permitted for a maiden drill program at Previsto projected to start in Q1 or early Q2 2027.
Comment
New channel sample results reported by Hannan Metals have significantly expanded the known gold mineralized footprint at its Previsto Central discovery within the Valiente project in Peru as well as strengthened the likelihood that this mineralization is associated with a deeper, more extensive alkalic Au-Cu porphyry system. All 148 channel samples plus one panel sample reported returned anomalous gold values across a 370 m × 70 m work area, with no barren intervals identified. Significant results include 96.5 m @ 0.6 g/t Au and 15 g/t Ag Including 6.7 m @ 1.7 g/t Au and 9 g/t Ag and 1.0 m @ 7.1 g/t Au and 54 g/t Ag with another zone returned 13.2 m @ 1.5 g/t Au and 13 g/t Ag, including 3.7 m @ 4.1 g/t Au and 28 g/t Ag.
Significantly, the Company reported the discovery of two distinct sulphide-bearing breccia styles extending across about 40 m cumulative true width in addition to veins. Mineralization is spatially associated with alkalic porphyry dikes, supporting the model that Previsto may represent the upper preserved expression of a deeper alkalic porphyry center that remains untested by drilling. Further structural mapping and additional channel sampling are planned. A positive community workshop was recently held, and the Company expects to be permitted for a maiden drill program at Previsto, projected to start in Q1 or early Q2 2027.