# Hannan Completes Maiden Drill Program at High-Grade Gold Project Stavatr&\#xE4;sk in Sweden and TSXV Accepts Acquisition for Filing Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/hannan-completes-maiden-drill-program-at-high-grade-gold-project-stavatr-xe4-sk--1edc0673-119f-47bb-84ae-ee4bad028a77 Original source: https://money.tmx.com/en/quote/HAN/news/8485942309265199/hannan-completes-maiden-drill-program-at-high-grade-gold-project-stavatr-xe4-sk- Publisher: tmx Original announcement: 2026-07-06T10:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Hannan Metals Limited - Ticker: HAN - Exchange: TSX - Region: Sweden - Primary commodity: Gold - Secondary commodities: Copper, Silver - Document categories: Drill results, Agreement transaction - Extracted: 2026-09-18 02:36:01 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Hannan Metals has completed a 1,040m maiden diamond drill program at the Stavaträsk gold project in Sweden, with assay results expected in approximately six weeks. Additionally, the TSXV has accepted the filing of an option agreement for the company to acquire 100% interest in three gold projects in the Skellefteå district. Reasoning: The company has successfully completed its first drill program and secured an option to acquire three projects in a Tier-1 jurisdiction, though actual drill grades are not yet released. - Positive factor: Completion of maiden drill program - Positive factor: Strategic location near high-grade Boliden analogue - Positive factor: TSXV acceptance of acquisition agreement - Positive factor: High-grade surface/boulder sampling - Negative factor: Assay results for maiden drilling are still pending - Negative factor: True thickness of mineralized intervals not yet known Facts used in scoring: 6 ## Classification and evidence **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: Project is located 20 km from the high-grade Boliden deposit. Evidence · text > Boliden is one of Europe's highest-grade gold mines... and it sits just 20 km along strike from where we drilled. **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release includes a QP sign-off by Michael Hudson, FAusIMM. Evidence · text > Mr. Michael Hudson FAusIMM, Hannan's Chairman & CEO, a Qualified Person as defined in National Instrument 43-101, has prepared, reviewed, verified and approved the technical contents of this news release. **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The company explicitly states that true thickness is not yet known. Evidence · text > The true thickness of the mineralized intervals is not known at this stage. ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### ST2607 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-completes-maiden-drill-program-at-high-grade-gold-project-stavatr-xe4-sk--1edc0673-119f-47bb-84ae-ee4bad028a77#fact-drill-facts-0) Stavaträsk #### Identity - Hole ID: ST2607 - Project: Stavaträsk - Region: sweden - Reported Region: sweden - Ticker: HAN #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-06T00:00:00.000Z Reasoning: Hole identified in photo/text but assays not yet released. - Negative factor: Assays pending Evidence · text > Diamond drill rig set up of ST2607 at the Stavaträsk prospect in Northern Sweden #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-completes-maiden-drill-program-at-high-grade-gold-project-stavatr-xe4-sk--1edc0673-119f-47bb-84ae-ee4bad028a77#fact-drill-facts-1) Stavaträsk · gold #### Identity - Project: Stavaträsk - Commodity: gold - Region: sweden - Reported Region: sweden - Ticker: HAN #### Geometry - Grade: 93 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-06T00:00:00.000Z Reasoning: High-grade outcrop sample reported. - Positive factor: Exceptional grade - Negative factor: Selective sampling Evidence · text > Outcrop samples return grades of 93 g/t Au and 24 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-completes-maiden-drill-program-at-high-grade-gold-project-stavatr-xe4-sk--1edc0673-119f-47bb-84ae-ee4bad028a77#fact-drill-facts-2) Stavaträsk · silver #### Identity - Project: Stavaträsk - Commodity: silver - Region: sweden - Reported Region: sweden - Ticker: HAN #### Geometry - Grade: 24 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-06T00:00:00.000Z Reasoning: Silver grade from outcrop sample. - Negative factor: Selective sampling Evidence · text > Outcrop samples return grades of 93 g/t Au and 24 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-completes-maiden-drill-program-at-high-grade-gold-project-stavatr-xe4-sk--1edc0673-119f-47bb-84ae-ee4bad028a77#fact-drill-facts-3) Stavaträsk · gold #### Identity - Project: Stavaträsk - Commodity: gold - Region: sweden - Reported Region: sweden - Ticker: HAN #### Geometry - Grade: 3.2 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-06T00:00:00.000Z Reasoning: Average grade from boulder field samples. - Negative factor: Selective sampling Evidence · text > 8 samples averaging 3.2 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-completes-maiden-drill-program-at-high-grade-gold-project-stavatr-xe4-sk--1edc0673-119f-47bb-84ae-ee4bad028a77#fact-drill-facts-4) Stavaträsk · silver #### Identity - Project: Stavaträsk - Commodity: silver - Region: sweden - Reported Region: sweden - Ticker: HAN #### Geometry - Grade: 67 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-06T00:00:00.000Z Reasoning: Average silver grade from boulder field. - Negative factor: Selective sampling Evidence · text > 67 g/t Ag \(range 1g/t to 154 g/t Ag\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-completes-maiden-drill-program-at-high-grade-gold-project-stavatr-xe4-sk--1edc0673-119f-47bb-84ae-ee4bad028a77#fact-drill-facts-5) Stavaträsk · copper #### Identity - Project: Stavaträsk - Commodity: copper - Region: sweden - Reported Region: sweden - Ticker: HAN #### Geometry - Grade: 0.83 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-06T00:00:00.000Z Reasoning: Average copper grade from boulder field. - Negative factor: Selective sampling Evidence · text > 0.83% Cu \(range 0.003-2.43% Cu\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: 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.