TSX-V: HAN
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Hannan Metals Limited is a base metal project generation company opening up new regional search spaces for zinc-lead-silver in Ireland and copper-silver in Peru.
It has 100% ownership of the County Clare project in Ireland, which consists of 9 prospecting licenses for 35,444 hectares where the company has delivered a maiden resource at Kilbricken, and performed significant regional scale seismic surveys to open up the Clare basin. Drilling is now focussing on the recently seismic defined north-dipping Kilmurry synsedimentary fault that has one of the largest basin-scale displacements (>750 metres) mapped in Ireland where adjacent drillholes to this fault show the presence of significant mineralization, dissolution textures and alteration in the footwall.
The company recently filed mineral claim applications for 14,800 hectares of previously unexplored sediment-hosted high-grade copper-silver identified in the San Martin Province of north-central Peru. Initial sampling has outlined 4 areas of high-grade copper and silver over 15 kilometres of strike within at least 2 structural corridors. Nineteen mineralized boulders (>0.1% copper) range in grade from 0.1% to 8.3% copper and 0.2 g/t silver to 109 g/t silver with an average grade of 2.8% copper and 27.2 g/t silver. Hannan’s mineral claim applications cover 23 kilometres of potential host-rock strike by up to 6.5 kilometres width. The area contains multiple structures within low angle strata that presents an exploration target of considerable scale, with early indications that the mineralization maybe developed over the entire 23 kilometres of strike.
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.
