Hannan Develops New High-Grade Zone 1 km South at Previsto up to 6.7 g/t Gold as Multiple Targets Developing

Core Insights - Hannan Metals Limited has announced new high-grade gold results from the Previsto prospect at its Valiente project in Peru, confirming two new high-grade trends developing 1 km south of the Previsto Central zone [1][3]. Group 1: Exploration Results - New rock chip results have extended a 42 m mineralized trend at Mirador Creek, with significant findings including a 6.7 g/t Au rock chip sample [2][4]. - The exploration at Previsto has validated high-grade gold over a 1.2 km trend between Mirador Creek and Previsto Central, indicating multiple new targets [3][4]. - A new high-grade zone has been identified, returning 1.8 g/t Au over 2.4 m, located 1 km south of Previsto Central [4][10]. Group 2: Technical Details - The Mirador Creek area has been systematically sampled, with channel samples showing an average gold grade of 0.1 g/t and rock chip samples averaging 0.4 g/t [7][11]. - In the Honda Creek area, 61% of samples returned results between 0.05 and 0.26 g/t Au, indicating a different geochemical signature compared to Previsto Central [8][10]. - Soil sampling at Palestina Creek has shown anomalous gold values, with peak values reaching 211 ppb Au, suggesting the potential for undiscovered mineralization [12][13]. Group 3: Future Plans - The company is moving into the next phase of work, focusing on expanding the high-grade footprint at Mirador Creek and advancing towards drill permitting [5][14]. - Detailed structural mapping and integration of surface results will inform the upcoming drill program at Previsto [16][14]. - Environmental baseline monitoring has been completed, and community engagement meetings are planned to discuss the proposed drill program [16][14].