|Bid||0.4500 x N/A|
|Ask||0.4650 x N/A|
|Day's Range||0.4400 - 0.4900|
|52 Week Range||0.0500 - 0.4900|
|Beta (5Y Monthly)||2.36|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The resultant product is a geological and target map highlighting the prospective mineralized trends over 120 kilometres of strike at the Company's sediment-hosted stratiform copper-silver project in north-eastern Peru (Figure 1) and identification of several new stratabound copper silver target areas for immediate follow-up in the field (Figures 2 and 3). Remote sensing in geology is a data acquisition method that complements field observation, as it allows mapping of geological characteristics without physical contact of the areas being explored.
Additional systematic sampling is required to determine the full width of mineralization (Figures 2, 5 and 6). The analogue style for mineralization at San Martin is the Kupferschiefer in Poland where KGHM Polska Miedz's ("KGHM") three copper-silver sediment-hosted mines are the 6th largest copper producer and the leading silver producer in the world.
Hannan Outlines a New Copper-Silver Zone Located 2km From Known Mineralization at the San Martin Project in Peru
Sacanche is part of Hannan's 100% owned San Martin basin-scale sediment-hosted copper-silver project that extends for 120 kilometres along the foreland region of the eastern Andes Mountains in Peru (Figure 1). Mapping and sampling have defined gossanous lead-zinc mineralization within a 3 by 1 kilometre area.
San Martin is a newly discovered, basin-scale high-grade copper-silver project that extends for 120 kilometres along the foreland region of the eastern Andes Mountains in Peru (Figure 1). As reported 28 May 2020, Peru remains on a state of emergency until the end of June to contain the COVID-19 outbreak.
A total of 42 granted mining concessions for 320 sq km at San Martin have now been granted at the San Martin project in Peru . The project consists of a total of 87 mining concessions and applications for 65,600 hectares (656 sq km) that cover multiple trends within 110 kilometres of combined strike for sedimentary-hosted copper-silver mineralization (Figure 1).
A total of 14,683,262 units (the "Units") of the Company were issued in connection with the Offering at a price of $0.15 per Unit for gross proceeds to the Company of $2,202,489 . Each Unit consists of one common share and one common share purchase warrant (a "Warrant").
The Company also provides an update on the status of further granted mining concessions and announces the commencement of the 2020 exploration and social permitting programs. A further 3 mining concessions have been granted over the last 4 weeks.
The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States , and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and applicable state securities laws or an applicable exemption from such registration requirements.
Dr. Quinton Hennigh is an internationally-renown economic geologist, with over 25 years of exploration experience and expertise with major gold mining companies such as Homestake Mining Company, Newcrest Mining Limited, and Newmont Mining Corporation where he last served as senior research geologist in 2007.
San Martin encompass a newly identified, basin-scale high-grade copper-silver system situated along the foreland region of the eastern Andes Mountains in Peru and neighboring countries. Hannan recognized the exceptional potential for large copper-silver deposits in this part of Peru and has aggressively staked a commanding position over 521 square kilometres ("sq km") of prospective geology.
VANCOUVER , Nov. 7, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (TSXV: HAN) (OTCPK: HANNF) is pleased to announce the results from its Annual General Meeting of ...
VANCOUVER, Oct. 30, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (TSXV:HAN.V - News) (OTCPK:HANNF - News) announces it has received notice from the Geological, Mining and Metallurgical Institute of Peru ("Ingemmet") that the first mining concession at the San Martin Copper-Silver Project in Peru has been granted.
VANCOUVER , Sept. 3, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (TSXV: HAN) (OTCPK: HANNF) announces new sampling results from the Tabalosos claim application ...
VANCOUVER, Aug. 1, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (TSXV:HAN.V - News) (OTCPK:HANNF - News) announces new sampling results from the northern part of the Sacanche claim application area (8,900 hectares) from the 100% owned San Martin project (38,400 hectares under claim application) in north central Peru (Figure 1). Mineralization has been defined within multiple stratigraphic levels.
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