# Hannan Provides Update on First-Ever Drilling of Back-Arc Porphyry and Epithermal Targets in Peru Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--bd9c7174-063b-472b-b6da-8c78d85c5d0d Original source: https://money.tmx.com/en/quote/HAN/news/7765923505499023/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma Publisher: tmx Original announcement: 2025-08-25T10:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Hannan Metals Limited - Ticker: HAN - Exchange: TSX - Region: Peru - Primary commodity: Gold - Secondary commodities: Copper, Molybdenum, Arsenic - Document categories: Drill results, Other - Extracted: 2026-09-18 03:16:16 UTC Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas summary Hannan Metals reported the first drill results from its Belen project in Peru, testing both epithermal gold and porphyry copper-molybdenum targets. While the Vista Alegre epithermal holes missed the main structure, the Ricardo Herrera porphyry hole \(HDDRH001\) intercepted chalcopyrite and molybdenite, and high-grade gold boulders were identified nearby. Reasoning: The release reports pioneering drill results in a new district. While the epithermal target \(Vista Alegre\) missed the main structure, the porphyry target \(Ricardo Herrera\) shows encouraging visual mineralization and the presence of high-grade boulders nearby provides strong exploration upside. - Positive factor: First-ever drilling of a new back-arc porphyry and epithermal system - Positive factor: Visual mineralization \(chalcopyrite/molybdenite\) in first porphyry hole - Positive factor: High-grade gold boulders \(up to 2.72 g/t Au\) located proximal to drilling - Positive factor: Geophysical anomalies \(IP/resistivity\) suggest significant targets remain - Negative factor: Vista Alegre holes failed to intersect the main mineralized structure - Negative factor: Gold grades at Vista Alegre are low \(up to 0.4 g/t Au\) and likely surficial Facts used in scoring: 6 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: First-ever drilling of these back-arc porphyry and epithermal systems in a new district. Evidence · text > representing the first-ever drill testing of these back-arc porphyry and epithermal systems **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: Release details sample preparation, lab methods \(ICP-MS, fire assay\), and use of CRMs and check samples. Evidence · text > includes routine use of CRM and field duplicates as well as 10% check samples analyzed by ALS Lima **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 document explicitly states that true widths of mineralization are not yet 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) ### HDDVA001 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--bd9c7174-063b-472b-b6da-8c78d85c5d0d#fact-drill-facts-0) Belen · gold #### Identity - Hole ID: HDDVA001 - Project: Belen - Commodity: gold - Region: peru - Reported Region: peru - Ticker: HAN #### Geometry - Grade: 0.4 - Grade Unit: g/t #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: Grades are low and interpreted as restricted to the upper regolith. - Negative factor: Low grade - Negative factor: Surficial enrichment Evidence · text > Drill holes returned up to 0.4 g/t Au, interpreted as surficial enrichment restricted to the upper 90 m regolith profile. #### Tags used in scoring **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: qaqc\_disclosed is 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 ### HDDVA001 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--bd9c7174-063b-472b-b6da-8c78d85c5d0d#fact-drill-facts-1) Belen · copper #### Identity - Hole ID: HDDVA001 - Project: Belen - Commodity: copper - Region: peru - Reported Region: peru - Ticker: HAN #### Geometry - Grade: 250 - Grade Unit: ppm #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: Elevated copper in SWIR data suggests proximity to a hydrothermal core. - Positive factor: Elevated copper values Evidence · text > elevated Cu \(250 ppm\) and As \(850 ppm\) in holes HDDVA001 and HDDVA002 #### Tags used in scoring **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: qaqc\_disclosed is 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 ### HDDVA001 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--bd9c7174-063b-472b-b6da-8c78d85c5d0d#fact-drill-facts-2) Belen · arsenic #### Identity - Hole ID: HDDVA001 - Project: Belen - Commodity: arsenic - Region: peru - Reported Region: peru - Ticker: HAN #### Geometry - Grade: 850 - Grade Unit: ppm #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: Elevated arsenic is a signature of the hydrothermal system but is a penalty element. - Positive factor: Elevated arsenic values - Negative factor: Deleterious element Evidence · text > elevated Cu \(250 ppm\) and As \(850 ppm\) in holes HDDVA001 and HDDVA002 #### Tags used in scoring **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: qaqc\_disclosed is 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 ### HDDRH001 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--bd9c7174-063b-472b-b6da-8c78d85c5d0d#fact-drill-facts-3) Belen · copper #### Identity - Hole ID: HDDRH001 - Project: Belen - Commodity: copper - Region: peru - Reported Region: peru - Ticker: HAN #### Geometry - Intercept: 2.4 m - From: 463.5 m - To: 465.9 m - Intercept Depth: 463.5 m #### Classification - Sample Type: drill - Group ID: HDDRH001:463.5-465.9 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: First hole in the porphyry system shows visual chalcopyrite mineralization. - Positive factor: Disseminated chalcopyrite Evidence · text > logged interval of 2.4 m from 463.5 of disseminated chalcopyrite #### Tags used in scoring **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: qaqc\_disclosed is 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 ### HDDRH001 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--bd9c7174-063b-472b-b6da-8c78d85c5d0d#fact-drill-facts-4) Belen · copper #### Identity - Hole ID: HDDRH001 - Project: Belen - Commodity: copper - Region: peru - Reported Region: peru - Ticker: HAN #### Geometry - Intercept: 3.85 m - From: 467.15 m - To: 470.95 m - Intercept Depth: 467.15 m #### Classification - Sample Type: drill - Group ID: HDDRH001:467.15-470.95 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: Intercepts combined copper and molybdenum mineralization. - Positive factor: Combined Cu-Mo mineralization Evidence · text > 3.85 m of combined Cu-Mo mineralization from 467.15 m #### Tags used in scoring **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: qaqc\_disclosed is 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 ### HDDRH001 [Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--bd9c7174-063b-472b-b6da-8c78d85c5d0d#fact-drill-facts-5) Belen · molybdenum #### Identity - Hole ID: HDDRH001 - Project: Belen - Commodity: molybdenum - Region: peru - Reported Region: peru - Ticker: HAN #### Geometry - Intercept: 3.85 m - From: 467.15 m - To: 470.95 m - Intercept Depth: 467.15 m #### Classification - Sample Type: drill - Group ID: HDDRH001:467.15-470.95 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: Intercepts combined copper and molybdenum mineralization. - Positive factor: Combined Cu-Mo mineralization Evidence · text > 3.85 m of combined Cu-Mo mineralization from 467.15 m #### Tags used in scoring **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: qaqc\_disclosed is 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.