Hannan Hits High-Grade Gold in Final Two Stavaträsk Holes, Drilling Returns 4.6 m at 7.2 g/t Au, Including 0.7 m at 21.4 g/t Au, Within a 60 m Mineralized Zone, Gold Intersected in All Seven Holes Across 650 m of Strike; IP Survey and 1,000 m Follow-Up Drill Program to Come
Drill Intercepts ⛏
6/107.2 g/t AU · 4.6m
5/1021.4 g/t AU · 0.7m
Analyst Takeaways
- Hannan achieved high-grade gold intercepts in final holes with 7.2 g/t Au over 4.6 m, well above the 5 g/t threshold for high-grade mineralization.
- Gold was intersected in all 7 holes across 650 m of strike, indicating consistent mineralization and de-risking of the Stavaträsk prospect within a larger 7 km trend.
- The 0.7 m interval grading 21.4 g/t Au demonstrates potential for exceptional grades at depth, supporting exploration upside.
- The maiden 1,040 m drill program appears successful enough to warrant a follow-up 1,000 m program plus an induced polarization (IP) survey, suggesting management confidence in expanding the resource.
- Located in the prolific Skellefteå district of Sweden, Stavaträsk benefits from a mining-friendly jurisdiction and proximity to established infrastructure.
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Vancouver, British Columbia--(Newsfile Corp. - August 31, 2026) - Hannan Metals Limited (TSXV: HAN) (OTC Pink: HANNF) ("Hannan" or the "Company") announces the second and final set of assay results from its maiden diamond drill program at the Stavaträsk gold project in the Skellefteå district of northern Sweden (Figure 1). The program comprised seven holes for 1,040 m of drilling, aimed at testing 650 m of strike within a 7 km trend. Results from the final two holes, ST2606 and ST2607, are...
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