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Hannan Metals Discovers 1.2 km Chargeability Anomaly at Sortilegio Copper-Gold Porphyry, Valiente Peru

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Hannan Metals (HANNF) has discovered a significant 1.2 km chargeability anomaly at its Sortilegio copper-gold porphyry prospect within the Valiente project in Peru. The discovery includes two key features: a shallow structural target with high-chargeability anomalies extending 600m along north-south structures, and a deep porphyry target stretching 1.2 km in length from 250m to 500m below surface.

The Sortilegio prospect is part of a 9.3 km long copper-gold district at Belen, which includes the Vista Alegre epithermal system and Ricardo Herrera copper-gold porphyry. The company has received approval for 13 drilling platforms and plans to commence drilling in Q2 2025.

The prospect features an exposed Miocene alkalic copper-gold porphyry system with zoned mineralization. Systematic soil sampling has revealed a central copper anomaly surrounded by gold, zinc, and lead values. The central mineralized zone measures 350m × 350m with high-density stockwork veining.

Hannan Metals (HANNF) ha scoperto una significativa anomala di carica di 1,2 km nella sua prospettiva di rame-oro Sortilegio all'interno del progetto Valiente in Perù. La scoperta include due caratteristiche chiave: un obiettivo strutturale superficiale con anomalie di carica alta che si estendono per 600m lungo strutture nord-sud, e un obiettivo porfirico profondo che si estende per 1,2 km da 250m a 500m sotto la superficie.

La prospettiva di Sortilegio fa parte di un distritto di rame-oro lungo 9,3 km a Belen, che include il sistema epithermale Vista Alegre e il porfido di rame-oro Ricardo Herrera. L'azienda ha ricevuto approvazione per 13 piattaforme di perforazione e prevede di iniziare le perforazioni nel secondo trimestre del 2025.

La prospettiva presenta un sistema porfirico alcalino di rame-oro miocenico esposto con mineralizzazione zonata. Il campionamento sistematico del suolo ha rivelato un'anomalia centrale di rame circondata da valori di oro, zinco e piombo. La zona mineralizzata centrale misura 350m × 350m con veining a stockwork ad alta densità.

Hannan Metals (HANNF) ha descubierto una anomalía de carga de 1.2 km significativa en su prospecto de cobre-oro Sortilegio, dentro del proyecto Valiente en Perú. El descubrimiento incluye dos características clave: un objetivo estructural superficial con anomalías de alta carga que se extienden 600m a lo largo de estructuras norte-sur, y un objetivo porfirítico profundo que se extiende 1.2 km de largo desde 250m hasta 500m bajo la superficie.

El prospecto de Sortilegio es parte de un distrito de cobre-oro de 9.3 km de longitud en Belen, que incluye el sistema epithermal Vista Alegre y el porfido de cobre-oro Ricardo Herrera. La empresa ha recibido aprobación para 13 plataformas de perforación y planea comenzar la perforación en el segundo trimestre de 2025.

El prospecto presenta un sistema porfirítico alcalino de cobre-oro del Mioceno expuesto con mineralización zonada. El muestreo sistemático del suelo ha revelado una anomalia central de cobre rodeada de valores de oro, zinc y plomo. La zona mineralizada central mide 350m × 350m con vetas de stockwork de alta densidad.

Hannan Metals (HANNF)는 페루 발리엔트 프로젝트 내의 구리-금 포르프리 화성 광상인 Sortilegio에서 1.2 km 전하 이상을 발견했습니다. 이 발견은 두 가지 주요 특징을 포함합니다: 고전하 이상이 북남 구조를 따라 600m 연장된 얕은 구조 목표와, 지표면 아래 250m에서 500m까지 1.2 km 길이로 뻗어 있는 깊은 포르프리 목표입니다.

Sortilegio 광상은 벨렌에서 9.3 km 길이의 구리-금 구역의 일환으로, 비스타 알레그레 열수 광상과 리카르도 에레라 구리-금 포르프리 광상이 포함되어 있습니다. 이 회사는 13개의 굴착 플랫폼 승인을 받았으며 2025년 2분기에 굴착을 시작할 계획입니다.

이 광상은 대륙세의 알카리 구리-금 포르프리 시스템이 노출되어 있고 미네랄화가 구역화되어 있습니다. 체계적인 토양 샘플링 결과 중앙 구리 이상이 금, 아연, 납 값으로 둘러싸인 것으로 나타났습니다. 중앙 미네랄화 구역의 크기는 350m × 350m이며, 고밀도 재고작업 맥으로 구성되어 있습니다.

Hannan Metals (HANNF) a découvert une anomalie de charge significative de 1,2 km dans son prospect de cuivre-or Sortilegio, au sein du projet Valiente au Pérou. La découverte comprend deux caractéristiques clés : une cible structurelle superficielle avec des anomalies de haute charge s'étendant sur 600m le long de structures nord-sud, et une cible porphyrique profonde s'étendant sur 1,2 km de long, de 250m à 500m sous la surface.

Le prospect de Sortilegio fait partie d'un domaine de cuivre-or de 9,3 km de long à Belen, qui comprend le système épithermal Vista Alegre et le porphyre de cuivre-or Ricardo Herrera. L'entreprise a reçu l'approbation pour 13 plateformes de forage et prévoit de commencer le forage au deuxième trimestre 2025.

Le prospect présente un système porphyrique alcalin de cuivre-or miocène exposé avec une minéralisation zonée. L'échantillonnage de sol systématique a révélé une anomalie centrale de cuivre entourée de valeurs d'or, de zinc et de plomb. La zone minéralisée centrale mesure 350m × 350m avec un réseau de veines à haute densité.

Hannan Metals (HANNF) hat eine signifikante 1,2 km große Ladungsanomalie bei seinem Kupfer-Gold-Porphyr-Projekt Sortilegio innerhalb des Valiente-Projekts in Peru entdeckt. Die Entdeckung beinhaltet zwei wichtige Merkmale: ein oberflächliches strukturelles Ziel mit hochladbaren Anomalien, die sich 600m entlang nord-südlicher Strukturen erstrecken, und ein tiefes Porphyr-Ziel, das sich 1,2 km lang von 250m bis 500m unter der Oberfläche erstreckt.

Das Sortilegio-Projekt ist Teil eines 9,3 km langen Kupfer-Gold-Distrikts in Belen, der das epithermale System Vista Alegre und den Kupfer-Gold-Porphyr Ricardo Herrera umfasst. Das Unternehmen hat die Genehmigung für 13 Bohrplattformen erhalten und plant, im 2. Quartal 2025 mit den Bohrungen zu beginnen.

Das Projekt weist ein freiliegendes alkalisches Kupfer-Gold-Porphyrs-System aus dem Miozän auf, das zonierte Mineralisierung aufweist. Systematische Bodenprobenahme hat eine zentrale Kupferanomalie ergeben, die von Gold-, Zink- und Bleiwerten umgeben ist. Die zentrale mineralisierte Zone misst 350m × 350m mit hochdichten Stockwork-Aderung.

Positive
  • Discovery of extensive 1.2 km chargeability anomaly indicating significant mineralization potential
  • Approval of 13 drilling platforms, enabling immediate exploration progress
  • Strategic location within 9.3 km copper-gold district with multiple promising targets
  • Identified high-grade mineralization zone measuring 350m × 350m
Negative
  • Drilling not scheduled to begin until Q2 2025
  • Chargeability anomaly requires drilling confirmation for economic viability

VANCOUVER, BC / ACCESSWIRE / January 15, 2025 / Hannan Metals Limited ("Hannan" or the "Company") (TSXV:HAN)(OTC PINK:HANNF) is pleased to report the identification of a 1.2 km long chargeability anomaly at the Sortilegio copper-gold porphyry prospect within the Belen area of the Company's 100%-owned Valiente copper-gold project in Peru (Figure 1).

Highlights:

  • Significant 3D Induced Polarization ("IP") Discovery: Advanced geophysical surveys have delineated an extensive 1.2 km chargeability anomaly extending to 500 m below surface:

    • Shallow Structural target High-chargeability anomalies mapped below the surface extend up to 600 m along north-south oriented structures, demonstrating spatial correlation with gossanous gold-mineralized float on surface. (Figures 4 to 8).

    • Deep Porphyry Target A major chargeability anomaly extends 1.2 km in strike length, commences at 850 m RL (250 m below surface) and extends to 600m RL (500 m below surface). (Figures 4 to 8)

  • Strategic Location and expanding copper-gold mineral district: Sortilegio is part of the expanding 9.3 km long copper-gold district at Belen marked by the Vista Alegre epithermal system and the Ricardo Herrera copper-gold porphyry (Figure 9).

  • Drill ready: Sortilegio is now derisked and drill-ready with 13 platforms approved as part of the recently granted DIA permit (reported here). Drilling is anticipated to commence in Q2 2025.

Michael Hudson, CEO, states: "The discovery of this extensive 1.2 km chargeability anomaly at Sortilegio represents a significant milestone, exhibiting characteristics similar to global gold-rich and copper bearing alkalic porphyry systems.

"The Sortilegio target is part of our expanding Belen mineral district, where mineralization now extends over 9.3 km of strike length. This district includes the Ricardo Herrera copper-gold porphyry in the south, the Vista Alegre epithermal gold target, and the Sortilegio gold-copper target in the north. Each of these targets independently represent a potential company-making project.

"With 40 drill platforms now approved under our recently granted DIA permit, we are positioned to begin drilling in Q2 2025."

Geophysical Interpretation

The Sortilegio prospect features an exposed Miocene alkalic copper-gold porphyry system characterized by zoned and structurally controlled mineralization. Detailed geological mapping reveals a complex, multistage intrusive system with subtle cross-cutting relationships. High-grade mineralization is concentrated at the contact between K-feldspar megacrystic monzonite and the surrounding country rocks. The central mineralized zone measures 350 m × 350 m and contains high-density stockwork veining (>20 veinlets/m), surrounded by a peripheral zone of lower veinlet density (<20 veinlets/m). Systematic soil sampling on a 100 m × 100 m grid shows a central copper anomaly surrounded by a halo of gold, zinc, and lead values (Figures 2 to 3).

Recent 3D IP survey data has enhanced our understanding of the subsurface geology and strengthened our confidence in the drill program planned for Q2 2025. The survey identified two distinct types of anomalies:

1. Shallow Structural Features: High-chargeability zones mapped below the surface extend up to 600 m along north-south trending structures, coinciding with surface gossanous gold-mineralized float. The central anomaly is particularly significant (Figures 4 to 8), where near-surface chargeability features merge with a larger body at depth. These features are interpreted as structural pathways for mineralizing fluids.

2. Deep Porphyry Target: A major chargeability anomaly extends 1.2 km in strike length from 850 m RL (250 m below surface) to 600 m RL (500 m below surface). This anomaly remains open to both the north and south (Figures 4 to 8).

Geophysical Survey Details

The Induced Polarization ("IP") geophysical survey was carried out by GeoMad E.I.R.L, a Lima-based consultancy company. The survey employed a pole-dipole electrode configuration on single lines with electrode spacing at 100 m intervals. Four lines were surveyed with lengths varying between 1.2 km and 6.8 km. Equipment used included:

  • Huntec 10Kw 20A transmitter

  • 10 channel ELREC PRO receiver

  • LECIA GS15 GNSS for station recording

Technical Background

All samples were collected by Hannan geologists. Samples were transported to ALS in Lima via third party services using traceable parcels. At the laboratory, rock samples were prepared and analyzed by standard methods. The sample preparation involved crushing 70% to less than 2 mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns. Samples were analyzed by method ME-MS61, a four-acid digest preformed on 0.25g of the sample to quantitatively dissolve most geological materials. Analysis is via ICP-MS. Channel samples are considered representative of the in-situ mineralization samples and sample widths quoted approximate the true width of mineralization, while grab samples are selective by nature and are unlikely to represent average grades on the property. Gold was analyzed by ALS in Lima using a standard sample preparation and 30g fire assay sample charge.

About Hannan Metals Limited (TSXV:HAN) (OTCPK: HANNF)

Hannan Metals Limited is a resource and exploration company discovering and developing sustainable resources of metal needed to meet the transition to a low carbon economy. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing, and advancing mineral projects in Europe and Peru.

Mr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a Qualified Person as defined in National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

On behalf of the Board,

"Michael Hudson"
Michael Hudson, Chairman & CEO

Further Information
www.hannanmetals.com
1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez, Corporate Secretary,
+1 (604) 685 9316, info@hannanmetals.com

Forward Looking Statements. Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news.

SOURCE: Hannan Metals Ltd.



View the original press release on accesswire.com

FAQ

What is the size of the new chargeability anomaly discovered by Hannan Metals (HANNF)?

Hannan Metals discovered a 1.2 km long chargeability anomaly at the Sortilegio prospect, extending from 250m to 500m below surface.

When will HANNF begin drilling at the Sortilegio copper-gold prospect?

Hannan Metals plans to commence drilling at Sortilegio in Q2 2025.

How many drilling platforms has HANNF received approval for at Sortilegio?

Hannan Metals has received approval for 13 drilling platforms at the Sortilegio prospect.

What is the size of the mineralized zone at HANNF's Sortilegio prospect?

The central mineralized zone at Sortilegio measures 350m × 350m and contains high-density stockwork veining.

How long is the copper-gold district at Belen where HANNF's Sortilegio prospect is located?

The Belen copper-gold district extends over 9.3 km in length.

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