Hannan hits 4.6 m at 7.2 g/t Au at Stavaträsk, including 0.7 m at 21.4 g/t Au
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
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 reported here (refer to Tables 1-3 herein).
Drillholes ST2606 and ST2607 were the two deepest holes of the program, aiming to drill-test the potential down-dip continuation of the granodiorite-hosted, quartz-arsenopyrite vein-swarm. Drillhole ST2606 returned the best intercept by grade-width of the entire 7-hole drill program, recording 4.6 m @ 7.2 g/t Au with individual assays up to 20.7 g/t Au over 0.6 m and 21.4 g/t Au over 0.7 m . These recurring high-grade quartz-arsenopyrite veins are hosted within a broad, ~60 m downhole interval of mineralized granodiorite.
Key Points:
Gold intercepted in all seven holes of the maiden program at Stavaträsk, defining 650 m of mineralized strike-length. A further 1,000 m follow-up drill program is planned after IP geophysics.
Best intercepts from the two holes reported here are: ST2606 59.6 m @ 1.1 g/t Au from 48.5 m (no lower cut). Best composite intercepts from ST2606 are: 7.0 m @ 2.6 g/t Au, 4.7 g/t Ag from 46.5 m, including: 1.0 m @ 15.1 g/t Au, 28.4 g/t Ag
4.6 m @ 7.2 g/t Au, 14.5 g/t Ag from 79.5 m, including 1.9 m @ 15.7 g/t Au, 31.7 g/t Ag, with individual assays of: 0.6 m @ 20.7 g/t Au, 16.3 g/t Ag
0.7 m @ 21.4 g/t Au, 29.5 g/t Ag
0.4 m @ 6.5 g/t Au
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