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Hannan Metals to restart fieldwork at its San Martin copper-silver project in Peru

Published: 08:37 27 Oct 2020 EDT

Hannan Metals Ltd - Hannan Metals to restart fieldwork at its San Martin copper-silver project in Peru
The San Martin project is located in its namesake region in in the Andes mountains of northern Peru

Hannan Metals Limited (CVE:HAN) (OTCPINK:HANNF) (FRA:C8MQ) revealed on Tuesday that it will restart field activities at its wholly-owned San Martin copper-silver project, in Peru. 

The explorer said that field and social teams will mobilize at the San Martin project in early November to restart field activities.  “Initial work will focus in the Tabalosos area where systematic geochemical sampling and mapping to define outcropping mineralized zones will be undertaken,” the company added.

In a statement, Hannan Metals CEO Michael Hudson said: "The San Martin district has suffered during the pandemic and has only recently taken steps to reopen. It is now considered appropriate for Hannan to re-start its field activities over the coming weeks.”

READ: Hannan Metals wraps up remote geological study, defines two new target areas at Tabalosos copper-silver property

“We will comply with all government COVID-safe regulations, which amongst other things require company staff to have valid medical exams and negative COVID-19 test certificates prior to returning to the project.”

However, the explorer was far from idle during the lockdown.

“During the lockdown, we have been working behind the scenes, staking more ground, acquiring data, discussing potential partnerships and conducting remote surveys,” pointed out Hudson.

“We look forward to working with local stakeholders to restart field activities and continue further discoveries within the new, basin-scale copper-silver system we have started to define in the San Martin region," he added.

The company said that initially “social teams” will enter areas to “discuss and permit exploration activities.” Technical field teams will then conduct systematic geochemical sampling and mapping to define outcropping mineralized zones.

“Work in November will focus on the Tabalosos area,” said the company. Hannan also expects to kick-off stream sediment sampling over a larger area.

The explorer has previously wrapped up a remote geological study at the claim on the San Martin project and identified two target styles at Tabalosos along the trend and over a five-kilometre cross strike width.

Of the two target styles defined, one is a strata-bound position in the top levels of the Sarayaquillo Formation, which may host high-grade copper-silver mineralization. Another target is seven kilometres long by five kilometres wide and is analogous with base metal gossans found earlier this year at the Sacanche South project, located 80 kilometres south of Tabalosos and also being explored by Vancouver-based Hannan.

The San Martin project is a new, basin-scale high-grade copper-silver system situated along the eastern Andes Mountains in Peru. The Tabalosos claim covers 19,500 hectares and 27 kilometres of strike potential, and the Sacanche claim also covers 19,500 hectares with 60 kilometres of strike potential.

Contact the author Uttara Choudhury at uttara@proactiveinvestors.com

Follow her on Twitter: @UttaraProactive

Full interview: Hannan Metals samples new zone of high grade copper and...

Hannan Metals (CVE:HAN-OTCPK: HANNF) President and CEO Michael Hudson joined Steve Darling from Proactive Vancouver on Skype from Melbourne with news Hannan has sampled a new zone at their San Martin project. Hudson telling Proactive this high-grade grab copper-silver mineralization has been...

on 09/05/2019