Hannan Extends High-Grade Gold Mineralization at Previsto in Peru

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2025) - Hannan Metals Limited's (TSXV: HAN) (OTC Pink: HANNF) ("Hannan" or the "Company") is pleased to report expanded high-grade gold mineralization at its 100%-owned Previsto alkaline gold project in Peru (Figure 1).

Recent channel sampling has extended the known alkalic-type epithermal gold mineralization with multiple new high-grade results. The results, which remain open in all directions, are located at the northern margin of a 4 km by 4 km soil gold anomaly, further indicating the potential for a major new mineral district (Figure 2).

Highlights:

• Gold Mineralization Extended at Previsto: Footprint now covers an area of 200 m × 130 m (Figures 3 and 4):

  • New results include gold mineralisation found by extending an existing trench 66.1 m to the south:

    • Entire channel now assays 135.2 m @ 1.3 g/t Au, 9 g/t Ag, 7 g/t Te (uncut)

    • Encompasses 69.1 m @ 2.4 g/t Au and 13 g/t Ag (CH15486 previously reported and uncut) and extension of 66.1 m @ 0.2 g/t Au, 5 g/t Ag and 4 g/t Te (CH 15844 uncut) to the south.

  • New high-grade mineralization has been extended in two separate channels located 20 m north of channels reported above (0.5 g/t Au cut lower):

    • 11.3 m @ 3.7 g/t Au,18 g/t Ag and 16 g/t Te

      • including 1.7 m @ 23.4 g/t Au (channel 16436):

    • 2.3 m @ 18.8 g/t Au and 66 g/t Ag (channel 16441)

• New Outcropping Copper mineralization identified located 35 meters from gold mineralized channels

  • 21 m @ 0.15% Cu, 1 g/t Ag, and 9 ppm Mo, (channel CH15830)

• Expanded Field Team: Six geologists now actively conducting mapping and sampling in the area

• Large System: The channel sampled gold sits within a larger 5 km x 5 km epithermal-porphyry cluster, positioned on the northern edge of a 4 km x 4 km gold-in-soil anomaly (>0.1 g/t Au). This suggests significant potential for a large-scale mineralized system.