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Hannan Announces Filing of 43-101 Technical Report

Hannan Announces Filing of 43-101 Technical Report Canada NewsWire VANCOUVER, Au...

articleHannan Metals Ltd.August 22, 20175/company/hannan-metals-ltd/news/hannan-announces-filing-of-43-101-technical-report
Hannan Announces Filing of 43-101 Technical Report

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[{"type":"text","content":"\n\n\n\nHannan Announces Filing of 43-101 Technical Report\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Aug. 22, 2017\n\n\n\nVANCOUVER, Aug. 22, 2017 /CNW/ - Hannan Metals Limited (\"Hannan\" or the \"Company\") (TSX.V: HAN) (OTCPK: HANNF) announces the filing of an independent National Instrument 43-101 Technical Report on The Mineral Resource Estimate for the Kilbricken Zinc-Silver-Lead-Copper Project Co. Clare, Ireland For Hannan Metals Ltd (the \"NI 43-101 Technical Report\") in support of the Company's news release dated July 10, 2017.  \n\n\n \n \n\n \nThe NI 43-101 Technical Report was authored by Mr. Geoff Reed of Reed Leyton Consultants and Dr. John Colthurst who are independent \"qualified persons\" as defined by National Instrument 43-101. The NI 43-101 Technical Report may be found on the Company's website at www.hannanmetals.com or under the Company's profile on SEDAR at www.sedar.com.\n\nMr. Michael Hudson, CEO and Chairman, states: \"The initial resource outlined in the technical report that was filed today is a substantial start for the Company. Our aim is now to grow the initial zinc resource by drill testing the areas that lie open in all directions around the resource area.  We currently have one drill rig operating and after closing our recent financing, will soon be mobilizing an additional drill rig.  Drill results are expected to be released shortly.\"\n\nHighlights of the initial Mineral Resource Estimate for the Kilbricken Project, include:\n\n\nTotal indicated mineral resource of 2.7 million tonnes at 8.8% zinc equivalent (\"ZnEq\"), including 1.4 millions tonnes at 10.8% Zneq;\nTotal inferred mineral resource of 1.7 million tonnes at 8.2% ZnEq, including 0.6 million tonnes at 10.4% ZnEq;\nThis resource estimate is the first for the Kilbricken deposit, and immediately ranks it as one of the top ten base metal deposits discovered in Ireland by tonnes and grade (data sourced from the Irish Exploration, Mining Division website);\nTwo styles of mineralization are evident at Kilbricken. The up...

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