# 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--f63238ad-e8b7-4929-a31d-9bb9bc297964

Original source: https://money.tmx.com/en/quote/HAN/news/7232245382731197/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma

Publisher: tmx

Original announcement: 2026-01-29T11:30:00.000Z

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, Silver

- Document categories: Drill results, Other

- Extracted: 2026-09-18 02:59:05 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Hannan Metals has released the first drill results from its Belen prospect in Peru, confirming a complex, multi-phase intrusive system at the Ricardo Herrera prospect. While current drill grades are modest, the company highlights high-grade channel sampling at the Previsto target and a strong cash position to continue exploration.

Reasoning: The release provides first-ever drill results from the Belen prospect, confirming geological complexity and multi-phase mineralization, though grades are currently modest.

- Positive factor: Confirmation of complex multi-phase intrusive system at Ricardo Herrera

- Positive factor: Identification of porphyry-epithermal mineral belt potential

- Positive factor: High-grade channel sampling at Previsto \(5.4 g/t Au\)

- Positive factor: Strong working capital position \(C$9 million\)

- Negative factor: Modest drill grades at Ricardo Herrera

- Negative factor: Mineralization at Ricardo Herrera described as minor and discontinuous

Facts used in scoring: 5

## Classification and evidence

**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 mentions use of CRM, field duplicates, and 10% check samples analyzed by ALS Lima.

Evidence · text

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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The company highlights similarities between the Previsto target and world-class deposits like Cripple Creek and Porgera.

Evidence · text

> shares striking similarities to globally-significant alkaline gold deposits like Cripple Creek \(+28 Moz\) and Porgera \(+34 Moz\)

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### HDDRH001

[Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--f63238ad-e8b7-4929-a31d-9bb9bc297964#fact-drill-facts-0)

Belen · gold

#### Identity

- Hole ID: HDDRH001
- Project: Belen
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: HAN

#### Geometry

- Grade: 0.6
- Grade Unit: g/t
- Intercept: 1.1 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-29T00:00:00.000Z

Reasoning: Low grade intercept reported as a highest individual assay.

Evidence · text

> 0.6 g/t Au over 1.1 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--f63238ad-e8b7-4929-a31d-9bb9bc297964#fact-drill-facts-1)

Belen · copper

#### Identity

- Hole ID: HDDRH001
- Project: Belen
- Commodity: copper
- Region: peru
- Reported Region: peru
- Ticker: HAN

#### Geometry

- Grade: 0.63
- Grade Unit: %
- Intercept: 0.1 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-29T00:00:00.000Z

Reasoning: Very narrow high-grade copper intercept.

Evidence · text

> 0.63% Cu over 0.1 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--f63238ad-e8b7-4929-a31d-9bb9bc297964#fact-drill-facts-2)

Belen · molybdenum

#### Identity

- Hole ID: HDDRH001
- Project: Belen
- Commodity: molybdenum
- Region: peru
- Reported Region: peru
- Ticker: HAN

#### Geometry

- Grade: 862
- Grade Unit: ppm
- Intercept: 0.6 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-29T00:00:00.000Z

Reasoning: High molybdenum assay reported over a narrow interval.

Evidence · text

> 862 ppm Mo over 0.6 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

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--f63238ad-e8b7-4929-a31d-9bb9bc297964#fact-drill-facts-3)

Previsto · gold

#### Identity

- Project: Previsto
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: HAN

#### Geometry

- Grade: 2.4
- Grade Unit: g/t
- Intercept: 69.1 m

#### Classification

- Sample Type: channel

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-29T00:00:00.000Z

Reasoning: Exceptional channel sampling results at Previsto.

- Positive factor: Significant width and grade for channel sampling

Evidence · text

> 69.1 m @ 2.4 g/t Au

#### 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

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/hannan-provides-update-on-first-ever-drilling-of-back-arc-porphyry-and-epitherma--f63238ad-e8b7-4929-a31d-9bb9bc297964#fact-drill-facts-4)

Previsto · gold

#### Identity

- Project: Previsto
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: HAN

#### Geometry

- Grade: 5.4
- Grade Unit: g/t
- Intercept: 26 m

#### Classification

- Sample Type: channel

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-29T00:00:00.000Z

Reasoning: High grade component of the Previsto channel sample.

- Positive factor: High grade intercept within channel sample

Evidence · text

> 26.0 m @ 5.4 g/t Au

#### 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.