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Hannan Metals Ltd.
Summary
| Project: | Kilbricken | |
|---|---|---|
| Deposit: | Kilbricken | |
| Location: | Ireland | |
| Commodities: | Zinc-Lead-Silver-Copper | |
| Date: | 11/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-11-2017: Hannan Metals Ltd. announces an Exploration/Drilling Update report for its Kilbricken deposit at the Kilbricken project. Drilling results incl. 8.4m @ 6.2% Zn, 0.9% Pb, 15g/t Ag, 0.35% Cu from 599m. Vancouver, Canada – Hannan Metals Limited (“ | |
| Resources: | (Resource): 2.7Mt @ 8.8% ZnEq (Ind.) and 1.7Mt @ 8.2% ZnEq (Inf.) at Kilbricken | |
| CP/QP: | [Overall Report]: Michael Hudson (Internal) | |
| ABSTRACT: | Vancouver, Canada – Hannan Metals Limited (“Hannan” or the “Company”) (TSX.V: HAN) (OTCPK: HANNF) is pleased to announce results from a further two diamond drill holes completed as part of a resource expansion program at the 100%-owned Kilbricken zinc-lead-silver-copper deposit in County Clare, Ireland. Mr. Michael Hudson, CEO and Chairman, states: “Our maiden drill program at Kilbricken has started with an impressive hit rate, with reported drill holes extending mineralization up to hundreds of metres beyond the resource area. All holes demonstrate significant widths and high grades of base metal mineralization (Table 1) consistent with those found in the resource areas at Kilbricken. This success has provided confidence to move into the next phase of our drill program, with larger 300-500 metre step outs from the Kilbricken resource, to target additional stand-alone base metal mineralized bodies. Strong geochemical and geophysical anomalies are being drill tested along strike and dip from Kilbricken (Figure 1), and with two drill rigs turning the potential for discovery and resource expansion is high.” Plan and cross section views of the drill results are provided in Figures 1-3. Table 1 shows highlight intersections from all holes drilled to date and Table 2 shows all relevant collar and assay information. The true thickness of mineralized intervals at Kilbricken is interpreted to be greater than 95% of the drilled thickness. In addition to above, hole 17-3679-221 (“DH221”), a 150 metre step-out from the Fort Zone, was completed at 763.4 metres depth and is now being logged and assayed. Hole 17-3679-222 (“DH222”), a 800 metre step-out from the Fort Zone and 150 metres down dip from the Chimney Zone, remains in progress. | |
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