Hannan Appoints Dr. Quinton Hennigh to its Geological Advisory Team
Hannan Appoints Dr. Quinton Hennigh to its
Geological Advisory Team
VANCOUVER
,
Jan. 14, 2020
/CNW/ -
Hannan Metals Limited
("Hannan" or the "Company")
(TSXV: HAN) (OTCPK: HANNF)
is pleased to announce that Dr.
Quinton Hennigh
has been
appointed to its geological advisory team.
Dr.
Quinton Hennigh
is an internationally-renown economic geologist, with over 25 years of
exploration experience and expertise with major gold mining companies such as Homestake Mining
Company, Newcrest Mining Limited, and Newmont Mining Corporation where he last served as
senior research geologist in 2007. He has since made a number of significant gold discoveries for
Canadian exploration companies such as the 5 million oz. Springpole alkaline gold deposit near
Red
Lake, Ontario
, for Gold Canyon Resources. He is currently Chairman and President of Novo
Resources Corporation, which he helped start in 2010 and an adviser to Eskay Mining Corp. and
Lion One Metals Ltd.
Michael Hudson
, Chairman and CEO commented,
"We are delighted to have Quinton join the
Hannan team, and that he shares our belief of the exceptional potential of the San Martin project.
His experience and global discovery record will greatly support our team, as we work towards a
large-scale copper-silver discovery in
Peru
."
Dr. Hennigh states,
"A little over a year ago,
Keith Barron
at Aurania Resources made a fantastic
discovery of copper-rich mineralization in sedimentary rocks of the eastern foreland of the
Ecuadorian Andes. While researching other companies exploring this region, I noticed Hannan had
been quietly staking a commanding land position over areas hosting similar mineralization
immediately to the south in northern
Peru
. Upon further investigation, it became apparent that the
host rocks and style of mineralization Hannan is exploring are virtually identical to those
discovered in
Ecuador
. Therefore, I came to the conclusion that this region hosts what is potentially
a world-class copper province. Recently, I have gotten to know the high-caliber team at Hannan
and am honoured they asked me to help with this game-changing discovery."
Dr. Hennigh holds a Bachelor of Science from the
University of Missouri
, and M.Sc. and a Ph.D. in
geology and geochemistry from the
Colorado School of Mines
. He is a member (P.Geo.) of the
Society of Economic Geologists, the Mining and Metallurgical Society of America.
About Hannan Metals Limited (TSX.V:HAN)
(OTCPK: HANNF)
Hannan Metals Limited
is a natural resources and exploration company developing sustainable and
ethical resources of metal needed to meet the transition to a low carbon economy. Over the last
decade, the team behind Hannan has forged a long and successful record of discovering, financing
and advancing mineral projects in
Europe
and
Peru
.
Hannan's 100% owned San Martin project encompass a newly identified, basin-scale high-grade
copper-silver system situated along the foreland region of the eastern Andes Mountains in
Peru
and
neighboring countries. Geologically, these share similarities with sedimentary copper-silver deposits
including the vast Kupferschiefer deposit in
Eastern Europe
and deposits of the African Copper Belt
situated in sub-Saharan Africa, two of the largest copper districts on earth. Hannan recognized the
exceptional potential for large copper-silver deposits in this part of
Peru
and has aggressively staked
a commanding position over 521 square kilometres ("sq km") of prospective geology.
Mr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a Qualified Person as defined in
National Instrument 43-101, has reviewed and approved the technical disclosure contained in this
news release.
On behalf of the Board,
"Michael Hudson"
Michael Hudson
, Chairman & CEO
Forward Looking Statements
Certain information set forth in this news release contains "forward-looking statements", and
"forward- looking information" under applicable securities laws. Except for statements of historical
fact, certain information contained herein constitutes forward-looking statements, which include the
Company's expectations regarding future performance based on current results, expected cash
costs based on the Company's current internal expectations, estimates, projections, assumptions
and beliefs, which may prove to be incorrect. These statements are not guarantees of future
performance and undue reliance should not be placed on them. Such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may cause the Company's
actual performance and financial results in future periods to differ materially from any projects of
future performance or results expressed or implied by such forward-looking statement. These risks
and uncertainties include, but are not limited to: The Company's expectations regarding timing to
start and complete field work and outcome of results, the timing and granting of the claim
applications in
Peru
, community relations, liabilities inherent in mine development and production,
geological risks, the financial markets generally, and the ability of the Company to raise additional
capital to fund future operations. There can be no assurance that forward-looking statements will
prove to be accurate, and actual results and future events could differ materially from those
anticipated in such statements. The Company undertakes no obligation to update forward-looking
statements if circumstances or management's estimates or opinions should change except as
required by applicable securities laws. The reader is cautioned not to place undue reliance on
forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this news.
SOURCE
Hannan Metals Ltd.
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For further information:
www.hannanmetals.com, 1305 - 1090 West Georgia St., Vancouver, BC,
V6E 3V7, Mariana Bermudez, Corporate Secretary, +1 (604) 685 9316, [email protected]
CO: Hannan Metals Ltd.
CNW 06:30e 14-JAN-20