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Hannan Soil Sampling Continues to Extend Scale and Define Continuity of Copper-Silver Mineralization at Tabalosos East, Peru
VANCOUVER, BC / ACCESSWIRE / August 9, 2021 / Hannan Metals Limited ("Hannan" or the "C...
About this update from Hannan Metals Ltd.
[{"type":"text","content":"Hannan Soil Sampling Continues to Extend Scale and Define Continuity of Copper-Silver Mineralization at Tabalosos East, PeruVANCOUVER, BC / ACCESSWIRE / August 9, 2021 / Hannan Metals Limited (\"Hannan\" or the \"Company\") (TSXV:HAN)(OTC PINK:HANNF) reports on the results from the soil geochemical sampling program from the Tabalosos East prospect within the San Martin JOGMEC JV sediment-hosted copper-silver project in Peru (Figures 1 and 2).Highlights:Soil sampling has identified significant extensions of the sub-cropping mineralized copper-silver shale horizon at Tabalosos East, which now extends over 24 kilometres of strike;The soil survey confirms both the continuity of previously reported high grade copper mineralization at Tabalosos East which included outcrop mineralization of up to 2.0 metres @ 4.9% copper and 62 g/t silver as well as infilling and significantly extending previous reported soil sample results to the north and west;The area is covered by dense jungle vegetation and in parts relatively steep topography. It is estimated that <1% of the bedrock outcrops;A total of 2,090 sites have been soil sampled. Additional infill and extension of the area is ongoing given the success of the technique;Tabalosos East is located within a 24 sq km area, which is a small subset of the 815 sq km area Hannan is exploring in joint venture with Japan Oil, Gas and Metals National Corporation (\"JOGMEC\") ;Next steps are to extend the soil survey to the west and south where scout lines have identified new soil anomalies and commence trench sampling the soil anomalies by hand to expose sub cropping mineralization;Permitting to undertake advanced exploration work within Tabalosos East, including diamond drilling, are ongoing with Environmental Impact Statement (Declaración de Impacto Ambiental, or \"DIA\") baseline studies underway with support of the local communities at Tabalosos East;Michael Hudson, CEO, states, \"These results continue to demonstrate the scale and increased understanding of the continuity of the Company's vast sediment-hosted copper-silver project in Peru. Although these data confirm the continuity of mineralization over 24 km at Tabalosos East, the area tested represents less than 3% of the total tenured area in joint venture with JOGMEC. The soil sampling technique, utilizing both in-situ and pressed pa...