Hannan Metals Limited is a copper-silver-gold exploration company opening up search spaces in new frontiers with 1,869 square kilometres (186,900 hectares) of mineral tenure (granted concessions and applications) in Peru. Hannan is a top 10 concession holder in Peru which is dominated by some of the world’s largest exploration and mining companies. Hannan stands out as one of the very few juniors to acquire such a significant land position.
Hannan's projects include:
660 sq km of mining concessions prospective for copper-silver and optioned and joint ventured in the San Martin district in Northern Peru with Japan Oil, Gas and Metals National Corporation ("JOGMEC"), as announced on November 30, 2020. Under the JOGMEC Agreement, JOGMEC has the option to earn up to a 75% beneficial interest in the San Martin JV Project by spending up to US$35,000,000 to deliver to the joint venture a feasibility study;
278 sq km of mining concessions prospective for copper-silver 100% owned by Hannan in the San Martin area for sediment-hosted copper and silver, outside of current joint venture areas;
932 sq km of mining concessions prospective for copper-gold 100% owned by Hannan prospective for back-arc alkalic high level porphyry copper-gold systems (the “Previsto Project”) in central-eastern Peru;
Hannan also has 100% ownership of the County Clare project in Ireland.
Over the last decade, the team of orefinders behind Hannan has forged a long and successful record of discovering, financing and advancing mineral projects in Europe and Peru.