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Hannan Doubles Footprint of the Copper-Gold Porphyry at Previsto Central, Peru
VANCOUVER, BC / ACCESSWIRE / July 2, 2024 / Hannan Metals Limited's ("Hannan" or the "Compa...
About this update from Hannan Metals Ltd.
[{"type":"text","content":"Hannan Doubles Footprint of the Copper-Gold Porphyry at Previsto Central, PeruVANCOUVER, BC / ACCESSWIRE / July 2, 2024 / Hannan Metals Limited's (\"Hannan\" or the \"Company\") (TSXV:HAN)(OTC PINK:HANNF) is pleased to announce that a significant copper-gold porphyry discovery continues to expand at the Previsto Central prospect within the 100%-owned Valiente Project in Peru (Figures 1 and 2).Highlights:Discovery: Outcropping porphyry-style copper and gold mineralization has been discovered over a significant 10 km by 5 km area at Previsto Central to Previsto East (Pictures 1 and 2, Figures 4 to 7) within a previously unmapped area. The discovery remains open in all directions.Extensive surface anomalism, soil anomaly doubles in size and only 20% of the target area covered: Field work during the optimal dry season is now focused on mapping (alteration and lithology) and soil sampling. A team of six geologists are working on the project supported by two technicians and a large group of local residents acting as field support. Extensive copper and gold anomalism has been discovered to date by geochemical soil sampling in only 20% of the 10 km by 5 km target area. Soil samples commonly exceed 0.1 g/t gold and 0.025% copper (Figures 4 to 7). The gold anomaly has doubled in size over the last month and now exceeds 2 km by 4 km. Impressive copper rich outcrops (formed from blue azurite, a copper oxide) have been identified with many assay results in the laboratory, including channel sampling up to 192 m long (Picture 1).Upper parts of a porphyry mineral system with scale: Mapping continues to demonstrate the scale of the mineral system. Alteration is dominated by phyllic and intermediate argillic alteration assemblages where pyrite dominates over chalcopyrite, indicating the outcropping rock exposures represent the upper parts of a porphyry mineral system. The new discovery coincides with a 10 km x 5 km large airborne magnetic and radiometric potassic anomaly. Hannan is planning 70 km regional scale IP lines across the entire system for September 2024, to demonstrate the scale and extent of the system in three dimensions.Cluster: The Previsto discovery is the eighth significant porphyry and/or epithermal target discovered within an area of 25 km by 10 km at Previsto and Belen that Hannan now believes represents a district-scale porphy...