{"success":true,"data":{"pressRelease":{"id":"94833","rtpr_id":"nNFCb1k3BB","ticker":"HAN","exchange":"","all_tickers":["HAN"],"title":"Hannan Expands Mineralized Breccia Footprint at Previsto to 305 metres","author":"Newsfile Corp","published_at":"2026-07-22T10:00:18.860Z","article_body":"All 175 Channel Samples Mineralized\n\nVancouver, British Columbia--(Newsfile Corp. - July 22, 2026) - Hannan Metals\nLimited (https://api.newsfilecorp.com/redirect/7nAPnsPJjz) (TSXV: HAN) (OTC\nPink: HANNF) (FSE: C8MQ) (\"Hannan\" or the \"Company\") is pleased to report\nexpansion of the high-grade gold zone at its 100% owned Previsto prospect,\nPeru (Figure 1). Following the previously reported expansion of the central\nhigh-grade area, the Company continued channel sampling in the Previsto\nCentral gold zone to expand sampled areas.\n\nThis campaign increased the known width of the mineralized breccia unit from\n185 m to 305 m, with peak grades of 2.6 g/t Au and channel intervals up to\n44.9 m @ 0.4 g/t Au. All 175 channel samples from this campaign returned gold\nor silver mineralization. Combined with the 148 samples reported on June 3,\n2026, every one of the 323 channel samples collected at Previsto Central\nacross two consecutive campaigns has returned mineralization — a 100% hit\nrate sustained as the sampled footprint continues to grow. Sampling to date\nhas been limited to where outcrops are exposed in the jungle, and all sampled\nareas represent minimum dimensions and remain open in all directions.\n\nKey Points:\n*\nSignificant Scale Expansion: Previously mapped mineralized breccia body now\nextends 305 m in width, up from 185 m, and remains open to the east and west\n(Figure 3).\n*\n100% hit rate sustained: all 175 channel samples returned gold or silver\nmineralization, extending the record to 323 of 323 samples across two\ncampaigns (see news release dated June 3, 2026), with peak grades of 2.6 g/t\nAu and 37.2 g/t Ag. Highlight channel results include:\n*\n44.9 m @ 0.4 g/t Au, 9 g/t Ag including:\n*\n17.4 m @ 0.9 g/t Au, 18 g/t Ag\n*\n72.8 m @ 0.2 g/t Au, 3 g/t Ag including:\n*\n5.3 m @ 0.5 g/t Au, 5 g/t Ag\n*\n12.6 m @ 0.4 g/t Au, 5 g/t Ag\n*\n13.9 m @ 0.8 g/t Au, 6 g/t Ag including:\n*\n5.5 m @ 1.4 g/t Au, 10 g/t Ag\n*\nHigh-grade silver mineralized zone expanding: 450 m x 120 m area of >5 g/t Ag\ndefined by these results (Figure 4).\n\nMichael Hudson, CEO, states: \"Every one of the 175 channels sampled at\nPrevisto Central returned gold or silver mineralization, on top of 148 from\nthe previous campaign for a total of 323 out of 323, and the mineralized\nbreccia has now grown from 185 metres to 305 metres in width, still open in\nall directions. That level of consistency at surface is exceptional at this\nstage of discovery and points to a large, coherent mineralized system. With\nthe Previsto DIA now submitted and under evaluation, we are advancing on two\nfronts, growing the system at surface while progressing the approvals that\nwill unlock the first ever drilling at Previsto.\"\n\nPrevisto Central Detailed Results\n\nThe Previsto Central field campaign delivered further understanding of the\ngeological model and mineralization extents. Recent work focused on a 200 m x\n150 m polygon around and to the west of the principal channel, completing\n304.6 m (175 samples) of cumulative channel sampling. Channels are dominantly\noriented NE-SW (Figure 3). Selected channel samples include:\n*\n44.9 m @ 0.4 g/t Au, 9 g/t Ag including:\n*\n17.4 m @ 0.9 g/t Au, 18 g/t Ag\n*\n72.8 m @ 0.2 g/t Au, 3 g/t Ag including:\n*\n5.3 m @ 0.5 g/t Au, 5 g/t Ag\n*\n12.6 m @ 0.4 g/t Au, 5 g/t Ag\n*\n13.9 m @ 0.8 g/t Au, 6 g/t Ag including:\n*\n5.5 m @ 1.4 g/t Au, 10 g/t Ag\n\nDetailed mapping during the channel sampling campaign extended the known\noutcrop of a monomictic breccia body that hosts gold-silver-copper\nmineralization (Plate 1). The breccia comprises angular clasts of feldspar\nporphyry, cemented by a characteristic milky white assemblage of adularia,\ncarbonate and minor quartz with disseminated pyrite, and is cut by later\nfeldspar porphyry dikes.\n\nGold mineralization is likely associated with fine-grained disseminated pyrite\n(± tellurides) within the breccia cement, while copper occurs as fine\nchalcopyrite disseminated along the central suture of stockwork k-feldspar\nveining, hosted in both the breccia cement and clasts. New channels extended\nsampling 120 m to the northwest of previously reported channels, with the\nbreccia body remaining open in that direction; combined with previously\nreported results, the breccia has now been traced over an east-west strike\nlength of approximately 305 m and remains open along strike.\n\n(https://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_002full.jpg)\n\nPlate 1: Photo of hand sample 18461. Mineralized monomictic breccia returned\n1.7 g/t Au and 15 g/t Ag within channel interval 44.9 m @ 0.4 g/t Au, 9 g/t\nAg.\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_002full.jpg\n\nHigh-Grade Silver Footprint Developing\n\nChannel sampling has also outlined a robust silver footprint at Previsto\nCentral, with peak grades reaching 37.2 g/t Ag and a high-grade zone measuring\n450 m x 120 m consistently grading above 5 g/t Ag, spatially coincident with\nthe monomictic breccia (Figure 4). Silver mineralization extends across a much\nbroader footprint of >1 g/t Ag in outcrop covering 2.6 km to the south of\nPrevisto Central, and 3.3 km east to west.\n\nAlkalic Porphyry-Epithermal Context: Rare and Significant\n\nWork by the Company's geological consultants has confirmed that the Previsto\nsystem displays the hallmark characteristics of an alkalic porphyry-epithermal\ndistrict, a class of deposit that includes some of the world's largest and\nhighest-grade gold systems. Key features include:\n*\nRoscoelite-cemented hydrothermal breccias associated with\nAu-Ag-Te-V-Cu-Mo-Pb-Ba-As, with grades up to 33.1 g/t Au and 120 g/t Ag at Las\nHelenas.\n*\nFluorite occurring as cement in roscoelite-cemented breccias, a diagnostic\nfeature of alkalic systems.\n*\nMassive adularia alteration associated with Au-Ag-Te mineralization.\n*\nPseudoleucite-bearing syenite porphyries, a silica-undersaturated intrusive\nsuite that is globally rare and genetically linked to alkalic gold\nmineralization.\n\nThe geological parallels to Cripple Creek in Colorado, which has produced over\n30 million ounces of gold from a similar alkalic igneous setting with\nroscoelite, adularia, and telluride associations, are direct and compelling.\nEmperor and Tuvatu in Fiji provide additional alkalic analogues. Previsto is\nthe first system of this type to be recognized in Peru, substantially\nincreasing the project's district-scale potential.\n\nNext Steps\n\nHannan's team is actively advancing multiple work fronts to capitalize on this\nexpansion of Previsto:\n*\nStructural Mapping: Detailed mapping and channel sampling of Previsto Central\noutcrops to further define high grade gold and understand the structural\ncontrols of mineralization, with a focus on vectoring toward the core of a\npotentially highly prospective breccia pipe.\n*\nFar North Extensions: Reconnaissance campaigns of mapping, boulder sampling\nand soil sampling are planned in the 6.7 km zone of prospectivity announced on\nApril 20, 2026.\n*\n Drill Permitting: DIA evaluation in progress in parallel at DGAAM, ANA and\nSERFOR, with final approvals anticipated during Q1 2027, ahead of the first\never drill program at Previsto.\n\nDIA Submission and New Decree to Expedite Exploration Drilling\n\nOn July 14, 2026, the Company announced the completion and submission of its\nDeclaracion de Impacto Ambiental (\"DIA\") or Environmental Impact Statement for\nthe 100% owned Amanecer gold-copper project. The DIA is the primary\nenvironmental certification required for drilling to proceed in Peru and\nprovides for 18 drill platforms and 7,650 m of diamond drilling across the\nPrevisto Central and Inca Garcilazo prospects, the first ever drilling at\nPrevisto. The DIA was submitted to the General Directorate of Mining\nEnvironmental Affairs (\"DGAAM\") of Peru's Ministry of Energy and Mines. DGAAM\nhas confirmed that the request for evaluation and opinion has also been\ndelivered to SERFOR, Peru's National Forest and Wildlife Service, and the\nevaluation process is now in progress in parallel at DGAAM, the National Water\nAuthority (\"ANA\") and SERFOR. Final DIA and other approvals are anticipated\nduring Q1 2027, after which drilling can commence.\n\nHannan also welcomes the recent publication of Supreme Decree No. 014-2026-EM\nin Peru's official gazette, El Peruano, which amends the Environmental\nProtection Regulation for Mining Exploration Activities and is expected to\nexpedite permitting for the project. Under the reform, the evaluating\nauthority, MINEM, may now notify companies of observations without waiting for\nall external entities to report, the DIA threshold has been expanded to 60\ndrilling platforms to give more mid-sized projects access to the streamlined\nCategory I pathway, duplicate observations are prohibited, official technical\nassistance desks have been established, and strict, predictable timelines now\napply to both authorities and companies, with penalties for administrative\ninaction. These changes are expected to bring greater efficiency and\npredictability to the evaluation of the Amanecer DIA.\n\nAbout the Previsto Prospect (DIA AMANECER)\n\nThe 100% owned Previsto prospect (DIA AMANECER) is located in central-eastern\nPeru (Figures 1 and 2). The area is characterized by steep topography on the\neastern flank of the Central Cordillera with elevations between 800 m and\n2,000 m above sea level. The prospect was discovered in 2021 during an\nextensive greenfields prospecting program initiated by Hannan targeting\nback-arc porphyry copper-gold systems.\n\nPrevisto has rapidly evolved from a greenfields prospect to an emerging\nalkalic porphyry-epithermal area. At Previsto and Belen, a significant-scale\nporphyry cluster is present within an area of 25 km by 10 km, with eight\nporphyry and/or epithermal targets now identified.\n\nTechnical Background\n\nAll samples were collected by Hannan geologists. Samples were transported to\nALS in Lima via third-party services using trackable parcels and by company\nstaff. At the laboratory, rock samples were prepared and analyzed by standard\nmethods. The sample preparation involved crushing 70% to less than 2 mm,\nriffle split off 250 g, pulverize split to better than 85% passing 75 microns.\nSamples were analyzed by method ME-MS61, a four-acid digest performed on 0.25\ng of the sample to quantitatively dissolve most geological materials. Analysis\nis via ICP-MS. Gold was analyzed in rock and soils by ALS in Lima using a\nstandard sample preparation and 30 g fire assay sample charge. Soil samples\nwere analyzed by a portable XRF (VANTA-VMR) using an in-house protocol which\nincludes routine use of CRM and field duplicates as well as 10% check samples\nanalyzed by ALS Lima. QAQC protocol for rock samples is to include one CRM per\n25 samples.\n\nChannel samples are considered representative of the in-situ mineralization.\nAt this stage, true widths of mineralization are not known. Grab or panel\nsamples are selective by nature and are unlikely to represent average grades\non the property.\n\nAbout Hannan Metals Limited (TSXV: HAN) (OTC Pink: HANNF) (FSE: C8MQ)\n\nHannan Metals Limited (https://api.newsfilecorp.com/redirect/ejPAjHQJkE) is an\nexploration company with a primary focus on advancing its Previsto gold-copper\nprospect (Amanecer project) in Peru, and an option to earn 100% in three\nhigh-grade gold projects in Sweden. Over the last decade, the team behind\nHannan has forged a long and successful record of discovering, financing, and\nadvancing mineral projects in Australia, Europe and South America.\n\nMr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a Qualified Person as\ndefined in National Instrument 43-101, has prepared, reviewed, verified and\napproved the technical contents of this news release.\n\nFurther Information\n\nFurther discussion and analysis of the project is available through the Hannan\nMetals website at www.hannanmetals.com and the Hannan YouTube channel at\nwww.youtube.com/@HannanMetals.\n\n On behalf of the Board,   \"Michael Hudson\" Michael Hudson, Chairman & CEO  Further Information  www.hannanmetals.com 1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7 Mariana Bermudez, Corporate Secretary +1 (604) 685 9316, info@hannanmetals.com    \n\n \n\nForward-Looking Statements. Certain disclosure contained in this news release\nmay constitute forward-looking information or forward-looking statements,\nwithin the meaning of Canadian securities laws. These statements may relate to\nthis news release and other matters identified in the Company's public\nfilings. In making the forward-looking statements the Company has applied\ncertain factors and assumptions that are based on the Company's current\nbeliefs as well as assumptions made by and information currently available to\nthe Company. These statements address future events and conditions and, as\nsuch, involve known and unknown risks, uncertainties and other factors which\nmay cause the actual results, performance or achievements to be materially\ndifferent from any future results, performance or achievements expressed or\nimplied by the statements. These risks and uncertainties include but are not\nlimited to: the political environment in which the Company operates continuing\nto support the development and operation of mining projects; the threat\nassociated with outbreaks of viruses and infectious diseases; risks related to\nnegative publicity with respect to the Company or the mining industry in\ngeneral; planned work programs; permitting; and community relations. Readers\nare cautioned not to place undue reliance on forward-looking statements. The\nCompany does not intend, and expressly disclaims any intention or obligation\nto, update or revise any forward-looking statements whether as a result of new\ninformation, future events or otherwise, except as required by law.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this news.\n\n(https://images.newsfilecorp.com/files/5402/306067_hannan-figure1.jpg)\n\nFigure 1: Overview of the 347 km(2) Valiente project area in Peru.\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_hannan-figure1.jpg\n\n(https://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_004full.jpg)\n\nFigure 2: Map showing the vast 5x5 km gold anomaly at Previsto and the\nlocation of several systems developing within the Previsto footprint which\nhighlight this area as a new mineral district. Location of current results\nalso shown. \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_004full.jpg\n\n(https://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_005full.jpg)\n\nFigure 3: Previsto Central area showing gold in rock chips and channels,\nincluding channels reported here. 305 m mineralized breccia width (estimated\ntrue width unknown) is shown in the NW/SE orientation. Call outs along\nchannels reported here show high-grade gold and silver results.\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_005full.jpg\n\n(https://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_006full.jpg)\n\nFigure 4: Previsto Central area showing silver in rock chips and channel\nsamples, including channels reported here. High-grade silver footprint (450 m\nx 120 m) shown and selected channels highlighted. \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_006full.jpg\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/306067","article_body_html":"","raw_payload":{"data":{"id":"nNFCb1k3BB","title":"Hannan Expands Mineralized Breccia Footprint at Previsto to 305 metres","author":"Newsfile Corp","ticker":"HAN","created":"2026-07-22T10:00:18.860Z","tickers":["HAN"],"exchange":"","article_body":"All 175 Channel Samples Mineralized\n\nVancouver, British Columbia--(Newsfile Corp. - July 22, 2026) - Hannan Metals\nLimited (https://api.newsfilecorp.com/redirect/7nAPnsPJjz) (TSXV: HAN) (OTC\nPink: HANNF) (FSE: C8MQ) (\"Hannan\" or the \"Company\") is pleased to report\nexpansion of the high-grade gold zone at its 100% owned Previsto prospect,\nPeru (Figure 1). Following the previously reported expansion of the central\nhigh-grade area, the Company continued channel sampling in the Previsto\nCentral gold zone to expand sampled areas.\n\nThis campaign increased the known width of the mineralized breccia unit from\n185 m to 305 m, with peak grades of 2.6 g/t Au and channel intervals up to\n44.9 m @ 0.4 g/t Au. All 175 channel samples from this campaign returned gold\nor silver mineralization. Combined with the 148 samples reported on June 3,\n2026, every one of the 323 channel samples collected at Previsto Central\nacross two consecutive campaigns has returned mineralization — a 100% hit\nrate sustained as the sampled footprint continues to grow. Sampling to date\nhas been limited to where outcrops are exposed in the jungle, and all sampled\nareas represent minimum dimensions and remain open in all directions.\n\nKey Points:\n*\nSignificant Scale Expansion: Previously mapped mineralized breccia body now\nextends 305 m in width, up from 185 m, and remains open to the east and west\n(Figure 3).\n*\n100% hit rate sustained: all 175 channel samples returned gold or silver\nmineralization, extending the record to 323 of 323 samples across two\ncampaigns (see news release dated June 3, 2026), with peak grades of 2.6 g/t\nAu and 37.2 g/t Ag. Highlight channel results include:\n*\n44.9 m @ 0.4 g/t Au, 9 g/t Ag including:\n*\n17.4 m @ 0.9 g/t Au, 18 g/t Ag\n*\n72.8 m @ 0.2 g/t Au, 3 g/t Ag including:\n*\n5.3 m @ 0.5 g/t Au, 5 g/t Ag\n*\n12.6 m @ 0.4 g/t Au, 5 g/t Ag\n*\n13.9 m @ 0.8 g/t Au, 6 g/t Ag including:\n*\n5.5 m @ 1.4 g/t Au, 10 g/t Ag\n*\nHigh-grade silver mineralized zone expanding: 450 m x 120 m area of >5 g/t Ag\ndefined by these results (Figure 4).\n\nMichael Hudson, CEO, states: \"Every one of the 175 channels sampled at\nPrevisto Central returned gold or silver mineralization, on top of 148 from\nthe previous campaign for a total of 323 out of 323, and the mineralized\nbreccia has now grown from 185 metres to 305 metres in width, still open in\nall directions. That level of consistency at surface is exceptional at this\nstage of discovery and points to a large, coherent mineralized system. With\nthe Previsto DIA now submitted and under evaluation, we are advancing on two\nfronts, growing the system at surface while progressing the approvals that\nwill unlock the first ever drilling at Previsto.\"\n\nPrevisto Central Detailed Results\n\nThe Previsto Central field campaign delivered further understanding of the\ngeological model and mineralization extents. Recent work focused on a 200 m x\n150 m polygon around and to the west of the principal channel, completing\n304.6 m (175 samples) of cumulative channel sampling. Channels are dominantly\noriented NE-SW (Figure 3). Selected channel samples include:\n*\n44.9 m @ 0.4 g/t Au, 9 g/t Ag including:\n*\n17.4 m @ 0.9 g/t Au, 18 g/t Ag\n*\n72.8 m @ 0.2 g/t Au, 3 g/t Ag including:\n*\n5.3 m @ 0.5 g/t Au, 5 g/t Ag\n*\n12.6 m @ 0.4 g/t Au, 5 g/t Ag\n*\n13.9 m @ 0.8 g/t Au, 6 g/t Ag including:\n*\n5.5 m @ 1.4 g/t Au, 10 g/t Ag\n\nDetailed mapping during the channel sampling campaign extended the known\noutcrop of a monomictic breccia body that hosts gold-silver-copper\nmineralization (Plate 1). The breccia comprises angular clasts of feldspar\nporphyry, cemented by a characteristic milky white assemblage of adularia,\ncarbonate and minor quartz with disseminated pyrite, and is cut by later\nfeldspar porphyry dikes.\n\nGold mineralization is likely associated with fine-grained disseminated pyrite\n(± tellurides) within the breccia cement, while copper occurs as fine\nchalcopyrite disseminated along the central suture of stockwork k-feldspar\nveining, hosted in both the breccia cement and clasts. New channels extended\nsampling 120 m to the northwest of previously reported channels, with the\nbreccia body remaining open in that direction; combined with previously\nreported results, the breccia has now been traced over an east-west strike\nlength of approximately 305 m and remains open along strike.\n\n(https://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_002full.jpg)\n\nPlate 1: Photo of hand sample 18461. Mineralized monomictic breccia returned\n1.7 g/t Au and 15 g/t Ag within channel interval 44.9 m @ 0.4 g/t Au, 9 g/t\nAg.\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_002full.jpg\n\nHigh-Grade Silver Footprint Developing\n\nChannel sampling has also outlined a robust silver footprint at Previsto\nCentral, with peak grades reaching 37.2 g/t Ag and a high-grade zone measuring\n450 m x 120 m consistently grading above 5 g/t Ag, spatially coincident with\nthe monomictic breccia (Figure 4). Silver mineralization extends across a much\nbroader footprint of >1 g/t Ag in outcrop covering 2.6 km to the south of\nPrevisto Central, and 3.3 km east to west.\n\nAlkalic Porphyry-Epithermal Context: Rare and Significant\n\nWork by the Company's geological consultants has confirmed that the Previsto\nsystem displays the hallmark characteristics of an alkalic porphyry-epithermal\ndistrict, a class of deposit that includes some of the world's largest and\nhighest-grade gold systems. Key features include:\n*\nRoscoelite-cemented hydrothermal breccias associated with\nAu-Ag-Te-V-Cu-Mo-Pb-Ba-As, with grades up to 33.1 g/t Au and 120 g/t Ag at Las\nHelenas.\n*\nFluorite occurring as cement in roscoelite-cemented breccias, a diagnostic\nfeature of alkalic systems.\n*\nMassive adularia alteration associated with Au-Ag-Te mineralization.\n*\nPseudoleucite-bearing syenite porphyries, a silica-undersaturated intrusive\nsuite that is globally rare and genetically linked to alkalic gold\nmineralization.\n\nThe geological parallels to Cripple Creek in Colorado, which has produced over\n30 million ounces of gold from a similar alkalic igneous setting with\nroscoelite, adularia, and telluride associations, are direct and compelling.\nEmperor and Tuvatu in Fiji provide additional alkalic analogues. Previsto is\nthe first system of this type to be recognized in Peru, substantially\nincreasing the project's district-scale potential.\n\nNext Steps\n\nHannan's team is actively advancing multiple work fronts to capitalize on this\nexpansion of Previsto:\n*\nStructural Mapping: Detailed mapping and channel sampling of Previsto Central\noutcrops to further define high grade gold and understand the structural\ncontrols of mineralization, with a focus on vectoring toward the core of a\npotentially highly prospective breccia pipe.\n*\nFar North Extensions: Reconnaissance campaigns of mapping, boulder sampling\nand soil sampling are planned in the 6.7 km zone of prospectivity announced on\nApril 20, 2026.\n*\n Drill Permitting: DIA evaluation in progress in parallel at DGAAM, ANA and\nSERFOR, with final approvals anticipated during Q1 2027, ahead of the first\never drill program at Previsto.\n\nDIA Submission and New Decree to Expedite Exploration Drilling\n\nOn July 14, 2026, the Company announced the completion and submission of its\nDeclaracion de Impacto Ambiental (\"DIA\") or Environmental Impact Statement for\nthe 100% owned Amanecer gold-copper project. The DIA is the primary\nenvironmental certification required for drilling to proceed in Peru and\nprovides for 18 drill platforms and 7,650 m of diamond drilling across the\nPrevisto Central and Inca Garcilazo prospects, the first ever drilling at\nPrevisto. The DIA was submitted to the General Directorate of Mining\nEnvironmental Affairs (\"DGAAM\") of Peru's Ministry of Energy and Mines. DGAAM\nhas confirmed that the request for evaluation and opinion has also been\ndelivered to SERFOR, Peru's National Forest and Wildlife Service, and the\nevaluation process is now in progress in parallel at DGAAM, the National Water\nAuthority (\"ANA\") and SERFOR. Final DIA and other approvals are anticipated\nduring Q1 2027, after which drilling can commence.\n\nHannan also welcomes the recent publication of Supreme Decree No. 014-2026-EM\nin Peru's official gazette, El Peruano, which amends the Environmental\nProtection Regulation for Mining Exploration Activities and is expected to\nexpedite permitting for the project. Under the reform, the evaluating\nauthority, MINEM, may now notify companies of observations without waiting for\nall external entities to report, the DIA threshold has been expanded to 60\ndrilling platforms to give more mid-sized projects access to the streamlined\nCategory I pathway, duplicate observations are prohibited, official technical\nassistance desks have been established, and strict, predictable timelines now\napply to both authorities and companies, with penalties for administrative\ninaction. These changes are expected to bring greater efficiency and\npredictability to the evaluation of the Amanecer DIA.\n\nAbout the Previsto Prospect (DIA AMANECER)\n\nThe 100% owned Previsto prospect (DIA AMANECER) is located in central-eastern\nPeru (Figures 1 and 2). The area is characterized by steep topography on the\neastern flank of the Central Cordillera with elevations between 800 m and\n2,000 m above sea level. The prospect was discovered in 2021 during an\nextensive greenfields prospecting program initiated by Hannan targeting\nback-arc porphyry copper-gold systems.\n\nPrevisto has rapidly evolved from a greenfields prospect to an emerging\nalkalic porphyry-epithermal area. At Previsto and Belen, a significant-scale\nporphyry cluster is present within an area of 25 km by 10 km, with eight\nporphyry and/or epithermal targets now identified.\n\nTechnical Background\n\nAll samples were collected by Hannan geologists. Samples were transported to\nALS in Lima via third-party services using trackable parcels and by company\nstaff. At the laboratory, rock samples were prepared and analyzed by standard\nmethods. The sample preparation involved crushing 70% to less than 2 mm,\nriffle split off 250 g, pulverize split to better than 85% passing 75 microns.\nSamples were analyzed by method ME-MS61, a four-acid digest performed on 0.25\ng of the sample to quantitatively dissolve most geological materials. Analysis\nis via ICP-MS. Gold was analyzed in rock and soils by ALS in Lima using a\nstandard sample preparation and 30 g fire assay sample charge. Soil samples\nwere analyzed by a portable XRF (VANTA-VMR) using an in-house protocol which\nincludes routine use of CRM and field duplicates as well as 10% check samples\nanalyzed by ALS Lima. QAQC protocol for rock samples is to include one CRM per\n25 samples.\n\nChannel samples are considered representative of the in-situ mineralization.\nAt this stage, true widths of mineralization are not known. Grab or panel\nsamples are selective by nature and are unlikely to represent average grades\non the property.\n\nAbout Hannan Metals Limited (TSXV: HAN) (OTC Pink: HANNF) (FSE: C8MQ)\n\nHannan Metals Limited (https://api.newsfilecorp.com/redirect/ejPAjHQJkE) is an\nexploration company with a primary focus on advancing its Previsto gold-copper\nprospect (Amanecer project) in Peru, and an option to earn 100% in three\nhigh-grade gold projects in Sweden. Over the last decade, the team behind\nHannan has forged a long and successful record of discovering, financing, and\nadvancing mineral projects in Australia, Europe and South America.\n\nMr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a Qualified Person as\ndefined in National Instrument 43-101, has prepared, reviewed, verified and\napproved the technical contents of this news release.\n\nFurther Information\n\nFurther discussion and analysis of the project is available through the Hannan\nMetals website at www.hannanmetals.com and the Hannan YouTube channel at\nwww.youtube.com/@HannanMetals.\n\n On behalf of the Board,   \"Michael Hudson\" Michael Hudson, Chairman & CEO  Further Information  www.hannanmetals.com 1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7 Mariana Bermudez, Corporate Secretary +1 (604) 685 9316, info@hannanmetals.com    \n\n \n\nForward-Looking Statements. Certain disclosure contained in this news release\nmay constitute forward-looking information or forward-looking statements,\nwithin the meaning of Canadian securities laws. These statements may relate to\nthis news release and other matters identified in the Company's public\nfilings. In making the forward-looking statements the Company has applied\ncertain factors and assumptions that are based on the Company's current\nbeliefs as well as assumptions made by and information currently available to\nthe Company. These statements address future events and conditions and, as\nsuch, involve known and unknown risks, uncertainties and other factors which\nmay cause the actual results, performance or achievements to be materially\ndifferent from any future results, performance or achievements expressed or\nimplied by the statements. These risks and uncertainties include but are not\nlimited to: the political environment in which the Company operates continuing\nto support the development and operation of mining projects; the threat\nassociated with outbreaks of viruses and infectious diseases; risks related to\nnegative publicity with respect to the Company or the mining industry in\ngeneral; planned work programs; permitting; and community relations. Readers\nare cautioned not to place undue reliance on forward-looking statements. The\nCompany does not intend, and expressly disclaims any intention or obligation\nto, update or revise any forward-looking statements whether as a result of new\ninformation, future events or otherwise, except as required by law.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this news.\n\n(https://images.newsfilecorp.com/files/5402/306067_hannan-figure1.jpg)\n\nFigure 1: Overview of the 347 km(2) Valiente project area in Peru.\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_hannan-figure1.jpg\n\n(https://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_004full.jpg)\n\nFigure 2: Map showing the vast 5x5 km gold anomaly at Previsto and the\nlocation of several systems developing within the Previsto footprint which\nhighlight this area as a new mineral district. Location of current results\nalso shown. \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_004full.jpg\n\n(https://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_005full.jpg)\n\nFigure 3: Previsto Central area showing gold in rock chips and channels,\nincluding channels reported here. 305 m mineralized breccia width (estimated\ntrue width unknown) is shown in the NW/SE orientation. Call outs along\nchannels reported here show high-grade gold and silver results.\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_005full.jpg\n\n(https://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_006full.jpg)\n\nFigure 4: Previsto Central area showing silver in rock chips and channel\nsamples, including channels reported here. High-grade silver footprint (450 m\nx 120 m) shown and selected channels highlighted. \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5402/306067_7d1d447ca4d5790d_006full.jpg\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/306067"},"type":"article","timestamp":"2026-07-22T10:00:19.103903267Z","server_sent_at_ms":1784714419103},"received_at":"2026-07-22T10:00:19.277Z","source_url":"https://www.newsfilecorp.com/release/306067"},"analysis":{"id":"83873","press_release_id":"94833","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"Hannan Metals expanded the mineralized breccia footprint at its Previsto prospect in Peru to 305 metres, up from 185 metres, with all 175 recent channel samples returning gold or silver mineralization.\n\nThe campaign yielded peak grades of 2.6 g/t Au and sustained a 100% hit rate across 323 total samples, while defining a high-grade silver footprint measuring 450 m by 120 m with grades exceeding 5 g/t Ag.\n\nThe Company submitted its Environmental Impact Statement (DIA) for the Amanecer project, anticipating final approvals in Q1 2027 to allow for the first-ever drilling at Previsto covering 7,650 metres.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Expansion of high-grade footprint at Previsto supports district-scale potential ahead of Q1 2027 drilling."},"keyFigures":{"customDimensions":{"breccia_width_m":305,"silver_zone_area":"450 m x 120 m","approval_estimate":"Q1 2027","peak_grade_ag_gpt":37.2,"peak_grade_au_gpt":2.6,"total_channel_samples":323,"previous_breccia_width_m":185,"drill_platforms_permitted":18,"drilling_meters_permitted":7650}},"quotedText":"That level of consistency at surface is exceptional at this stage of discovery and points to a large, coherent mineralized system.","namedEntities":{"people":[{"name":"Michael Hudson","role":"Chairman & CEO"},{"name":"Mariana Bermudez","role":"Corporate Secretary"}],"products":["Previsto","Amanecer"],"companies":[{"name":"Hannan Metals Limited","ticker":"HAN"},{"name":"ALS","relationship":"laboratory"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Significant expansion of the mineralized footprint to 305m with a 100% hit rate across 323 samples is a strong operational milestone for an exploration company. However, the absence of a defined resource estimate or revenue generation limits immediate material impact relative to producing peers."},"tickerRelevance":{"others":[],"primary":"HAN"},"globalImportance":15,"audienceRelevance":12,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"exploration_results","sectorWeight":"materials"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Hannan Metals expanded the mineralized breccia footprint at its Previsto prospect in Peru to 305 metres, up from 185 metres, with all 175 recent channel samples returning gold or silver mineralization.\n\nThe campaign yielded peak grades of 2.6 g/t Au and sustained a 100% hit rate across 323 total samples, while defining a high-grade silver footprint measuring 450 m by 120 m with grades exceeding 5 g/t Ag.\n\nThe Company submitted its Environmental Impact Statement (DIA) for the Amanecer project, anticipating final approvals in Q1 2027 to allow for the first-ever drilling at Previsto covering 7,650 metres.","key_figures":{"customDimensions":{"breccia_width_m":305,"silver_zone_area":"450 m x 120 m","approval_estimate":"Q1 2027","peak_grade_ag_gpt":37.2,"peak_grade_au_gpt":2.6,"total_channel_samples":323,"previous_breccia_width_m":185,"drill_platforms_permitted":18,"drilling_meters_permitted":7650}},"named_entities":{"people":[{"name":"Michael Hudson","role":"Chairman & CEO"},{"name":"Mariana Bermudez","role":"Corporate Secretary"}],"products":["Previsto","Amanecer"],"companies":[{"name":"Hannan Metals Limited","ticker":"HAN"},{"name":"ALS","relationship":"laboratory"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-22T10:13:24.858Z","global_importance":15,"audience_relevance":12,"importance_components":{"tickerTier":"micro-cap","eventGravity":"exploration_results","sectorWeight":"materials"}},"durationMs":null,"modelName":"glm-4.7"}}