Announcement • Jul 15
Hannan Metals Limited Completes and Submits Declaracion de Impacto Ambiental or Environmental Impact Statement at its 100% Owned Amanecer Gold-Copper Project in Peru Hannan Metals Limited has completed and submitted its Declaracion de Impacto Ambiental (DIA) or Environmental Impact Statement at its 100% owned Amanecer gold-copper project in Peru. The DIA is the primary environmental certification required for drilling to proceed in Peru, and its submission moves Previsto, the first documented alkaline epithermal gold-copper system in the country, a decisive step closer to its maiden drill program. The DIA will provide for the first ever drilling on the project with 18 drill platforms and 7,650 m of diamond drilling across the Previsto Central and Inca Garcilazo prospects. Two work areas sit within the 5 km x 5 km Previsto footprint: a main area of 2.7 km x 1.7 km and a second area of 0.8 km x 0.5 km, totalling 361.4 hectares with a disturbance footprint of just 2.3 hectares. Final DIA and other approvals are anticipated during First Quarter 2027, after which drilling can commence. The DIA has been submitted for approval to the General Directorate of Mining Environmental Affairs (DGAAM) of Peru’s Ministry of Energy and Mines. The submission is underpinned by professional archaeological investigations, community workshops and liaison activities, including: Environmental baseline monitoring conducted by independent third-party experts; Studies and site visits to develop technical data for the CIRA (Certificate of Non-Existence of Archaeological Remains) administered by the Peruvian Ministry of Culture, to confirm the project does not impact archaeological sites; and Public participation meetings in the hamlet of Nueva Palestina, where the communities are on record approving the Company’s proposed drill program. Announcement • Jul 07
Hannan Metals Limited Completes Maiden Drill Program At Stavaträsk Gold Project in Sweden Hannan Metals Limited has completed its maiden diamond drill program at the Stavaträsk gold project in the Skellefteå district of northern Sweden. The program comprised 7 holes for a total of 1,040 m. Assay results are expected within the next six weeks, with a second 1,000-metre program planned following review of initial assay results. The maiden diamond drill program at Stavaträsk has been completed, with 7 holes drilled for 1,040 m, testing the geometry, continuity and structural controls of this high-grade structurally-hosted gold–copper–silver system. Assay results from the drill program are eagerly awaited and are expected within the next six weeks. A second 1,000 m program is planned following review of initial assay results. Compilation of available data and 3D geologic modelling are in progress. The true thickness of the mineralized intervals is not known at this stage. Stavaträsk is located in the Skellefteå Mining District of northern Sweden, 20 km north of the Boliden deposit (4.24 Moz @ 15.9 g/t Au historic production). The project occupies a strategic position on the Vidsel-Röjnoret Shear System (VRSS), the same regional-scale terrane boundary that hosts Boliden. Gold, silver and copper mineralization is structurally hosted, with massive to semi-massive arsenopyrite, pyrite and chalcopyrite with silica alteration. Outcrop samples return grades of 93 g/t Au and 24 g/t Ag. A boulder field located 650 m southeast of the main outcrop yielded 8 samples averaging 3.2 g/t Au (range 0.1 g/t to 11.2 g/t Au), 67 g/t Ag (range 1g/t to 154 g/t Ag) and 0.83% Cu (range 0.003–2.43% Cu) and is surrounded by historic drill collars for which assay data is largely unavailable. Collectively, the outcrop and boulder field define a 750 m mineralized trend. Historic Boliden drilling in the 2000s, for which data is unavailable, traces the system over 2.5 km of strike. The initial staged program of up to 2,000 m is designed to test the system at and below surface and to establish its scale, geometry and structural controls. The Boliden deposit, mined from 1924 to 1967, with 8.3 million tonnes grading 15.5 g/t Au that yielded roughly 4.2 million ounces of gold alongside copper, silver and arsenic and remains the defining benchmark for gold exploration across the entire Skellefteå District. It is classified as a metamorphosed, structurally remobilized volcanogenic massive sulphide (VMS) system, with gold hosted in dense arsenopyrite and the highest-grade gold carried in later quartz-tourmaline veins. The Skellefteå Belt that hosts it is one of the most metal-endowed Palaeoproterozoic terranes globally, having produced over seven million ounces of gold across nearly thirty mines. Stavaträsk lies within this well-endowed mineral belt, and the Company’s geological work has assembled a complete set of independent lines of evidence: geological, geochemical, structural and historical data that underline a compelling comparison between Stavaträsk and Boliden. Taken together, these similarities make Stavaträsk a geologically compelling Boliden analogue identified in the Skellefteå Belt. Stavaträsk remains an early-stage target defined by surface and boulder sampling and historic drilling for which recoverable data is limited, no mineral resource has been estimated, and continuity at depth has not yet been established.