Hannan Metals Ltd.
HAN.V
Toronto Stock Exchange Ventures0.70
CAD
+0.01
- -
Hannan Metals Ltd.
HAN.V
(Toronto Stock Exchange Ventures)
Recent
price
0.70
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Hannan Metals Ltd is a junior mineral exploration company focused on the identification and delineation of large-scale gold, copper, and silver mineralizing systems, primarily in Peru and Ireland. The company’s main products and services involve the exploration and evaluation of mineral properties, specifically targeting copper-gold porphyry, epithermal gold-copper deposits, copper-silver sediment-hosted systems, and polymetallic deposits. Its flagship projects include the 100% owned San Martin project—a high-grade sediment-hosted copper-silver system located in the eastern Andes of Peru operated in joint venture with JOGMEC, the Japanese government’s metals sourcing arm under a US$35 million funding agreement—and the 100% owned Valiente copper-gold project in Peru, which hosts a newly discovered Miocene-age porphyry copper-gold belt featuring numerous mineralizing systems. The company also holds exploration licenses for the Clare project in Ireland and the Cerro Rolando copper porphyry project in northern Chile. Founded in 2007 and headquartered in Vancouver, Canada, Hannan Metals combines traditional exploration techniques with advanced technologies, including high-resolution LiDAR and portable XRF for real-time soil sampling, to systematically identify and advance new mineral deposits. The company's geographic operations span Peru, Ireland, Canada, and Chile. Recent major developments include a non-brokered private placement financing in November 2025 to fund continued exploration at the Belen prospect within Valiente and other corporate purposes; an increase of their private placement to C$10.5 million; ongoing drilling at the Belen prospect and planned drilling at the Previsto prospect, which features a large mineral footprint; expansion of mineralized zones at San Martin; receipt of environmental impact statements facilitating low-impact drilling programs; and strategic investments such as a CAD 2.6 million financing by Teck Resources, which now holds a 9.9% stake in Hannan Metals. The company’s joint venture with JOGMEC continues to be a significant strategic alliance supporting exploration activities at San Martin. Hannan Metals operates in the mining exploration industry, targeting institutional investors and mining industry stakeholders with interests in copper, gold, and silver project development in emerging and frontier mining districts. The company has systematically expanded its project portfolio over the last two years with multiple discoveries, funded by strategic partnerships and capital raises to advance its projects toward resource delineation and development.