Vancouver, British Columbia — February 18, 2026 — Leads & Copy —
Hannan Metals Limited has announced new results from field campaigns at the Previsto prospect at its Valiente project in Peru. Channel and rock chip sampling have confirmed two new high-grade trends developing 1 km south of the Previsto Central high-grade zone.
The company’s field programs will commence in February after a planned shutdown for the wet season. Follow up work at Mirador Creek will aim to expand the new high-grade footprint.
New rock chip results extend a 42 m mineralized trend at Mirador Creek, including 6.7 g/t Au, 34 g/t Ag, 40 ppm Cu, and 0.6 g/t Au, 8 g/t Ag, 372 ppm Cu, 26 m and 16 m south, respectively, of previously reported 4.8 g/t Au sample.
The company reported a new high-grade zone 0.3 km west of the Mirador Creek trend, and 1 km south of the Previsto Central high-grade channel. A channel sample showed 1.8 g/t Au, 4 g/t Ag, 258 ppm Cu over 2.4 m.
Ninety-two channel samples totalling 161 m and 124 rock-chip samples define widespread gold-silver-copper mineralization across Mirador Creek, Honda Creek and Palestina Creek.
According to Michael Hudson, CEO, the company has validated high-grade gold over a 1.2 km trend between Mirador Creek and Previsto Central, with multiple new targets developing. He added that Honda Creek continues to confirm a distinctly different geochemical signature, suggesting the presence of multiple, independent heat and metal sources.
The strong soil anomaly at Palestina Creek, at a significantly higher elevation, indicates the company is intersecting different structural levels of this large epithermal system, with the primary source still to be uncovered. Hudson said Previsto is a district-scale opportunity with multiple mineralized centres.
Hudson said the latest results from Previsto are a step in validating the company’s exploration model. He noted the 6.7 g/t Au rock chip at Mirador Creek, along with the identification of a new high-grade zone returning 1.8 g/t Au over 2.4 m located 1 km south of Previsto Central, demonstrate the strength and continuity of this gold system.
He added that the high-grade samples have been located beneath small windows of jungle vegetation.
Three main areas were systematically prospected during the recent field campaigns: Mirador Creek, Honda Creek and Palestina Creek.
The Mirador Creek work area covers a 0.8 km × 0.4 km polygon extending from the Mirador Creek high-grade discovery zone westward 400 m and north-east 400 m.
A total of 15 channels were cut across mineralized structures, comprising 40 individual samples over a cumulative length of 70.35 m. A total of 20 in-situ rock chip samples/panel samples were collected across exposed outcrops throughout the work area.
High-grade gold values in this area are associated with quartz-pyrite/Fe-oxide veinlets and vein stockworks. The vein system is not constrained to one lithology type and is seen across pyritic hornfels and intrusive k-feldspar porphyry units.
The Honda Creek work area covers a 1.7 km × 0.7 km polygon situated immediately south of the Mirador Creek high-grade zone. The aim of this campaign was to explore the possibility of a new heat source. 61% (63) of the 103 rock chip or channel samples across this work area returned a result between 0.05 and 0.26 g/t Au.
A total of 16 channels were cut across mineralized structures, comprising 37 individual samples over a cumulative length of 61.5 m. A total of 57 in-situ rock chip samples/panel samples were collected across exposed outcrops throughout the work area.
The Palestina Creek area is a catchment 0.7 km – 1.4 km west of and 0.25 km – 0.7 km topographically higher than Previsto Central. Systematic soil geochemistry continued to define a gold trend at Palestina Creek, but the source of this signal has not yet been discovered as corresponding rock and channel samples were low-grade.
A total of 9 soil samples were collected across the Palestina Creek area to infill the existing soil grid and test for continuity of the gold anomaly beyond Previsto Central.
A total of 13 channels were cut across in-situ rock, comprising 15 individual samples over a cumulative length of 29 m. A total of 44 in-situ rock chip samples/panel samples were collected across exposed outcrops throughout the work area.
Hannan’s team is advancing multiple work fronts including systematic sampling to locate extensions and repetitions of the confirmed high-grade mineralization along strike and in parallel structures, detailed mapping to understand the controls on high-grade mineralization, and integrating all surface results into target generation for the upcoming drill program at Previsto.
A ten-person environmental team has completed collecting information necessary to make the submittal for approval to the DGAAM – General Directorate of Mining Environmental Affairs – of the Ministry of Energy and Mines, Peru.
Hannan Metals Limited is an exploration company focused on the identification and delineation of large gold and copper mineralizing systems in new frontiers in Peru.
The 100% owned Valiente project is in central eastern Peru, east of the city of Tingo Maria. The project was found in 2021 during an extensive greenfields prospecting program initiated by Hannan for back-arc porphyry copper-gold systems. During 2021 Hannan staked holds 813 km2 of 100% owned mining concessions at Valiente covering unexplored terrain for potential mineralized porphyry targets in central eastern Peru.
Early surface prospecting identified two outcropping copper-gold porphyry targets and one epithermal target at Belen. Porphyry areas quickly followed at Serrano Norte and Serrano. The focus more recently has been on Previsto.
At Previsto and Belen, a district-scale porphyry cluster within an area of 25 km by 10 km, with eight porphyry and/or epithermal targets now identified in more detail with up to 10 earlier stage targets awaiting further work.
The company is executing a multi-year strategy to systematically prospect and drill test its extensive land package in this emerging Miocene-aged, linked porphyry-epithermal mineral belt.
All samples were collected by Hannan geologists and transported to ALS in Lima.
Mr. Michael Hudson FAusIMM, Hannan’s Chairman and CEO, a Qualified Person as defined in National Instrument 43-101, has prepared, reviewed, verified and approved the technical contents of this news release.
Further discussion and analysis of the project is available through the Hannan Metals website.
Source: Hannan Metals
