Corporate
Objectives
Hannan is a mineral exploration company focusing on discovering or acquiring well-located, high-grade resources in safe jurisdictions.
Exploration involves identifying, prioritizing and testing geological, geochemical and geophysical targets. Our objective is to safely discover, investible resources with the potential to be profitable at all parts of the commodity cycle.
The Company was formed on January 09, 2017 when Mitchell Resources Ltd completed a transaction with the shareholders of Hannan Metals Ltd. (“Hannan Canada”), a private British Columbia company, to acquire all of the issued and outstanding shares of Hannan Canada and, consequently, a 100% interest in Hannan Canada’s rights, through its wholly-owned subsidiary Hannan Metals Ireland Ltd. (“Hannan Ireland”), to the Clare prospecting licences in Clare County, Ireland,
In September 2018 the Company identified an opportunity to diversify its base metal portfolio and staked claim applications in Peru. Hannan now hold a commanding top 20 tenure position in-country with 1,430 km2 across two project areas. This bold grassroots strategy has attracted some of the largest industry participants to partner with Hannan, with both Teck and JOGMEC now involved at equity and joint venture levels, respectively.
The Valiente project, considered the Company’s flagship property, is 100% owned by Hannan and contains 18 porphyry/epithermal Au/Cu targets across a 140 km belt. The San Martin project is operated in joint venture with JOGMEC, the Japanese government minerals security arm, and is located about 30 kilometres northwest of Tarapoto, in the Cordillera Ayu Mayo.
Hannan Metals Limited is a natural resources and exploration company developing sustainable and ethical resources of metal needed to meet the transition to a low carbon economy. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing and advancing mineral projects in Europe and Peru.