Hannan Metals

Name

Hannan Metals

Legal name

Hannan Metals Ltd.

Website

https://hannanmetals.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Others

Revenue model

1. Exploration Company - No Current Revenue: Hannan Metals is a pre-revenue junior exploration company. The company raises capital through equity financing (private placements) to fund exploration activities at its mineral projects. Revenue generation would occur through discovery and sale of mineral assets, joint venture agreements, or future production.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Hannan Metals is a junior mineral exploration company that identifies, acquires, and advances gold and copper exploration projects in Peru and Sweden, with a flagship portfolio including the Previsto alkalic porphyry-epithermal gold-copper project and the San Martin sediment-hosted copper-silver project in Peru, plus the Stavaträsk, Skellefteå North, and Ädelfors gold projects in Sweden. The company funds exploration through equity financings and creates value by delineating mineral resources that can be advanced through joint ventures or future production.

Product overview

Hannan Metals Limited is a mining exploration company focused on gold and copper mineral identifying and delineating large gold and copper mineralizing systems. The company operates primarily in Peru and Sweden, with its flagship projects being the Previsto alkalic porphyry-epithermal gold-copper prospect in Peru and the Stavaträsk gold project in Sweden. Hannan maintains a multi-project portfolio strategy across jurisdictions, holding 100% ownership of projects including the San Martin sediment-hosted copper-silver project in Peru (600+ km²), the Valiente project hosting Previsto and Belen prospects, and has recently optioned three high-grade gold projects in Sweden (Stavaträsk, Skellefteå North, and Ådelfors). The company was previously involved in the Kilbricken zinc-lead-silver project in Ireland and has concluded its San Martin joint venture with JOGMEC effective June 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Stavaträsk Gold Project High-grade gold exploration project located in the Skellefteå Mining District of northern Sweden, 20 km north of the historic Boliden deposit. Features structurally-hosted gold-copper-silver mineralization with arsenic pyrite. Fully permitted for drilling with 2,000 metre program testing Boliden-style target.
• Previsto Gold-Copper Project (Amanecer) 100%-owned alkalic porphyry-epithermal gold-copper prospect located in central-eastern Peru. Features roscoelite-cemented hydrothermal breccias with Au-Ag-Te-V-Cu-Mo-Pb-Ba-As mineralization. Under environmental permitting for maiden drilling expected Q1-Q2 2027.
• Skellefteå North Gold Project Gold exploration project in the Skellefteå Mining District, 40 km north-northwest of Skellefteå. Previously drilled by Mawson Gold in 2022 with intercepts up to 1.8m @ 28.4 g/t Au including 0.4m @ 132 g/t Au. Gold extends across 6.5 km outcrop trend with less than 5% drill-tested.
• Ädelfors Gold Project Historic goldfield in Jönköping County, southern Sweden - Sweden's first gold mine worked since 1738. Features 131 historic workings across 7.5 km strike. Historic grades up to 1,100 g/t Au over 0.4m vein width. Never drill-tested despite 240m vertical depth mining.
• San Martin Copper-Silver Project Basin-scale sediment-hosted copper-silver system along foreland of eastern Andes Mountains in Peru. Covers approximately 600+ square kilometres with multiple mining concessions granted. Features stratabound copper-silver mineralization hosted in Jurassic Sarayaquillo Formation. (Former JOGMEC joint venture concluded June 18, 2026; Hannan now holds 100%.)
• Kilbricken Zinc-Lead-Silver Project Zinc-lead-silver deposit in County Clare, Ireland. Historical resource of 2.7 million tonnes at 8.8% zinc equivalent indicated, plus 1.7 million tonnes at 8.2% zinc equivalent inferred. Hosted in Waulsortian Limestone with zinc and copper zones. (Historic Ireland asset within Hannan Metals Ireland Ltd. subsidiary.)
• Valiente Project Large 813 km² project area in Peru containing Previsto and Belen prospects. Features significant-scale porphyry cluster within 25 km by 10 km area with eight porphyry and/or epithermal targets identified. First recognized alkalic porphyry-epithermal system in Peru.
• Belen Prospect Gold-copper exploration target within the Valiente project in Peru. Part of emerging Miocene-aged linked porphyry-epithermal mineral belt. Approximately 1.3-2.0 km north of Previsto Central gold zone with copper zone being investigated.

Quantifiable outcome

• Continuous mineralization expanded from 15.5m to 96.5m laterally with 100% hit rate across 148 channel samples at Previsto Central
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered minor and core.

• JOGMEC (Japan Oil, Gas and Metals National Corporation)minorStrategic or Co-development Partner · 18 June 2026Former joint venture partner at San Martin copper-silver project in Peru. Partnership concluded effective June 18, 2026 by mutual agreement. Parties determined project no longer fits within each company's current strategic priorities and capital allocation plans. Hannan and JOGMEC remain on excellent terms.
• Swedish Private LandownercoreStrategic or Co-development Partner · 4 June 2026Option agreement to acquire up to 100% of three high-grade gold projects (Stavaträsk, Skellefteå North, Ådelfors) covering 8,405 hectares in Sweden. Low-cost, share-based structure preserving cash while adding near-term exploration optionality. Option exercisable by spending C$2,000,000 on exploration and issuing 4,500,000 shares total. 2.0% NSR royalty on completion.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Mawson Gold: Predecessor entity led by Hannan CEO Michael Hudson as founding Chairman/CEO since 2004. Both companies share management lineage and focus on early-stage gold/copper exploration in underexplored jurisdictions.
• Southern Cross Gold: Australian-listed gold explorer (now ~C$2.5B market cap) created by the same Hannan management team. Direct comparable for measuring the value-creation potential of successful Hannan discoveries.
• Leading Edge Materials: Critical minerals explorer founded and chaired by Michael Hudson. Same management team with parallel focus on Nordic jurisdictions (Sweden), making it a directly comparable operator.
• C3 Metals: Copper-gold explorer operating in Peru, with overlapping target types (porphyry-epithermal systems) and similar early-stage strategy. Highly relevant direct peer given shared Peruvian footprint and metal focus.

Broad incumbents

• GoldMining Inc. Larger, established gold-focused explorer with diversified multi-jurisdictional project portfolio. Comparable as a multi-asset gold developer at a more advanced stage than Hannan's single-asset focus.
• Filo Corp: Copper-gold-silver explorer in South America (Filo del Sol project). Larger, more advanced operator in the same South American copper-gold exploration category, demonstrating the upside scale of successful regional exploration.
• NGEx Minerals: Copper-gold explorer with advanced projects in South America (Chile/Argentina). Comparable as a porphyry-focused explorer operating in Andean jurisdictions at a more advanced development stage.
• Solaris Resources: Copper-gold explorer advancing the Warintza project in Ecuador. Comparable as a porphyry-focused South American explorer with larger market cap and more advanced drilling results.

Regional players

• Adriatic Metals: European-listed base and precious metals developer with projects in Bosnia/Serbia. Comparable as a junior that advanced from early-stage to construction; offers a benchmark for development-stage European mining peers given Hannan's Swedish focus.
• Barsele Minerals: Gold-focused junior explorer with assets in Sweden (Barsele project in the Skellefteå district). Directly comparable given the shared Swedish exploration jurisdiction and proximity to the Boliden camp that anchors Hannan's Stavaträsk thesis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hannanmetals
• YouTubeyoutube.com/@HannanMetals
• Facebookfacebook.com/HannanMetalsLtd
• LinkedInlinkedin.com/company/hannan-metals-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hannan Metals