Hannan Announces High-Grade Gold and New Copper Zone Extend Previsto Project, Peru

Original announcement by tmx on

Company
Hannan Metals Limited
Ticker
HAN
Exchange
TSX
Region
Peru
Primary commodity
Gold
Secondary commodities
Copper, Silver, Tellurium, Molybdenum
Document categories
Drill results, Other
Extracted
2026-09-18 02:55:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Hannan Metals has reported high-grade gold and silver results from channel sampling at the Mirador Creek target within the Previsto project in Peru. The company also identified a new copper-rich zone and reported exceptionally high magmatic fertility indicators (Sr/Y ratios), supporting the potential for a large-scale porphyry-epithermal system.

Reasoning: The release reports high-grade surface results and geochemical indicators that suggest a large-scale porphyry-epithermal system, though it lacks drill-hole validation.

Positive factors

  • High-grade gold and silver intercepts in channel samples
  • Identification of a new copper zone footprint
  • Strong magmatic fertility indicators (Sr/Y ratio)
  • Presence of telluride signatures associated with high-grade systems

Negative factors

  • Results are from surface rock chips and channels, not drill intercepts
  • True widths are not yet known

Facts used in scoring: 6

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: New copper zone identified 1.2 km south of Previsto Central and 2 km south of previous copper zone.

Evidence · text

“highlighted a new copper zone developing 1.2 km south of Previsto Central gold zone and 2 km south of the previously reported copper zone”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions use of CRMs, field duplicates, and 10% check samples analyzed by ALS.

Evidence · text

“including routine use of CRM and field duplicates as well as 10% check samples analyzed by ALS Lima”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Results are from rock chips and channels; true widths are explicitly stated as not known.

Evidence · text

“At this stage true widths of mineralization are not known.”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

15913Previsto · goldGrade: 1.74Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
15913
Project
Previsto
Commodity
gold
Region
peru
Reported Region
peru
Ticker
HAN

Geometry

Grade
1.74
Grade Unit
g/t
Intercept
2.8 m

Classification

Sample Type
channel

Location

Location
Mirador Creek
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Strong gold grade in a channel sample.

Positive factors

  • High-grade gold intercept

Evidence · text

“2.8 m @ 1.74 g/t Au , 13 g/t Ag, 96 ppm Cu, 15 ppm Te”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

15913Previsto · silverGrade: 13Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
15913
Project
Previsto
Commodity
silver
Region
peru
Reported Region
peru
Ticker
HAN

Geometry

Grade
13
Grade Unit
g/t
Intercept
2.8 m

Classification

Sample Type
channel

Location

Location
Mirador Creek
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Silver associated with high-grade gold.

Evidence · text

“2.8 m @ 1.74 g/t Au , 13 g/t Ag, 96 ppm Cu, 15 ppm Te”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

15913Previsto · copperGrade: 96Grade Unit: ppmIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
15913
Project
Previsto
Commodity
copper
Region
peru
Reported Region
peru
Ticker
HAN

Geometry

Grade
96
Grade Unit
ppm
Intercept
2.8 m

Classification

Sample Type
channel

Location

Location
Mirador Creek
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Copper present in high-grade gold channel.

Evidence · text

“2.8 m @ 1.74 g/t Au , 13 g/t Ag, 96 ppm Cu, 15 ppm Te”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

15913Previsto · telluriumGrade: 15Grade Unit: ppmIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
15913
Project
Previsto
Commodity
tellurium
Region
peru
Reported Region
peru
Ticker
HAN

Geometry

Grade
15
Grade Unit
ppm
Intercept
2.8 m

Classification

Sample Type
channel

Location

Location
Mirador Creek
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Presence of tellurium is a diagnostic signature for the target system.

Positive factors

  • Telluride signature associated with high-grade gold

Evidence · text

“2.8 m @ 1.74 g/t Au , 13 g/t Ag, 96 ppm Cu, 15 ppm Te”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

17763Previsto · copperGrade: 5070Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
17763
Project
Previsto
Commodity
copper
Region
peru
Reported Region
peru
Ticker
HAN

Geometry

Grade
5070
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Mirador Creek
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Significant copper grade in a panel sample.

Positive factors

  • High copper grade in surface rock

Evidence · text

“0.51% copper and elevated molybdenum”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

17763Previsto · molybdenumGrade: 78.5Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
17763
Project
Previsto
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
HAN

Geometry

Grade
78.5
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Mirador Creek
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Elevated molybdenum associated with copper.

Evidence · table

“78.5”

Context: 17763

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.