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- 279 days ago
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Hannan, Latin Metals Report Major Gold Discoveries in Peru, Argentina
Hannan Metals Ltd has announced a significant discovery of high-grade gold mineralization at its Previsto project in Peru, with channel sampling revealing 69.1 meters at 2.4 g/t gold, including 26.0 meters at 5.4 g/t, suggesting the potential for a major new mineral district. This discovery is part of a larger 6 km x 6 km epithermal-porphyry cluster, with plans for further drilling in Q2 2025. Meanwhile, Latin Metals Inc. has reported a high-grade gold discovery at its La Flora project in Argentina, with assay results showing up to 82 g/t gold and 1,239 g/t silver from two outcropping structures, indicating promising exploration potential in the area. Both companies are advancing their exploration efforts, with Hannan focusing on its strategic positioning in the Valiente gold-copper project and Latin Metals capitalizing on Argentina's improving regulatory framework for mining. The findings from both projects underscore the ongoing interest in precious metals exploration in South America. As these companies progress, they may enhance their market positioning and attract further investments in the mining sector.

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- 279 days ago
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