Hannan Metals Limited, a natural resources and exploration company, is excited to announce a significant copper-gold porphyry discovery at the Previsto Central prospect within its Valiente Project in Peru. The company’s field work during the dry season has expanded the footprint of the porphyry mineralized system over an impressive 5 km x 3 km area.
The discovery was made through top of ridge soil sampling, mapping, and prospecting in creeks. The field teams have identified extensive zones of outcropping copper mineralization within creeks, with over 700 meters of strike length. The copper mineralization is hosted within strongly leached phyllic altered, fractured K-felspar porphyry, containing disseminated pyrite-chalcopyrite, malachite, chrysocolla, neotocite, goethite, and jarosite.
Two channel samples have been reported: CH14455 with 126 meters at 0.22% Cu and CH15391 with 192 meters at 0.16% Cu. These results highlight the significant potential of the Previsto Central prospect.
To further understand the mineralized system, Hannan Metals has mobilized a large team of 30 geologists, technicians, and local support to undertake soil sampling and mapping. Additionally, a project-scale induced polarization (IP) geophysics survey will soon commence to map the vast porphyry target to depth.
In order to accelerate exploration, Hannan Metals has signed a contract for a large-scale LiDAR survey covering 7 km by 10 km. This survey will identify outcrops and map the geology of the mineralized system.
Michael Hudson, CEO of Hannan Metals, expressed his excitement about the ongoing field work and the expansion of the Previsto Central porphyry system. He highlighted the transition from gold-rich areas in the upper western regions to more copper-rich areas in the lower eastern regions. Hudson emphasized the company’s commitment to de-risking the project and moving it forward to drill permitting as soon as possible.
The Valiente Project, where the Previsto Central prospect is located, is 100% owned by Hannan Metals. The project covers unexplored terrain for potential mineralized porphyry targets in central eastern Peru. The company has successfully gained social permits progressively in all areas of interest.
Hannan Metals is focused on building a pipeline of projects in Peru and Europe to meet the demand for metals in the transition to a low carbon economy. With a strong track record of discovering and advancing mineral projects, Hannan Metals is well-positioned for future success.