Hannan Metals has completed a second diamond drill program of 1,255 m, six holes in total, at the Stavaträsk gold project in the Skellefteå district of northern Sweden. The program tested the depth and strike extensions of known gold mineralization and new induced polarization (IP) chargeability targets, following a maiden seven-hole program (1,040 m) that intersected gold in every hole across 650 m of strike. The best intercept in the maiden program was 4.6 m at 7.2 g/t Au in hole ST2606. Assays are due within eight weeks, and completing the drilling concludes the Assessment Period; the decision to exercise the option to acquire 100% of the Swedish projects rests with Hannan, and the results will inform it. CEO Michael Hudson said Previsto in Peru remains the flagship project, while Stavaträsk and Ädelfors maintain exploration momentum.
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