Hannan Metals Ltd. provided an update on its 100%-controlled San Martin sediment-hosted copper-silver project and Previsto copper-gold porphyry project in Peru. Hannan is a Peru explorer with 217,200 hectares ("ha") (or 2,172 square kilometres ("sq km") of tenure, of which 62% (135,700ha/1,357 sq km) is explored in its own right and 38% (81,500 ha/815 sq km) explored in joint venture with Japan Oil, Gas and Metals National Corporation ("JOGMEC"). JOGMEC has the option to earn up to a 75% beneficial interest from Hannan in the San Martin Project by spending up to $35,000,000 to deliver to the joint venture ("JV") a feasibility study Highlights: 100%-controlled San Martin Hannan sediment-hosted copper-silver project: At the Ochique prospect, a significant early-stage sediment hosted copper-silver discovery has been made 20 kilometres north-west of the Tabalosos JOGMEC JV project. Reconnaissance prospecting has identified high-grade mineralization, with a boulder assaying 1.4% Cu and 21 g/t Ag; Hannan's 27,700ha (277 sq km) of 100%-controlled mining concession applications in the area cover 55 kilometres of prospective strike of the potential mineralized horizon; One field team is currently active in the area conducting stream sediment sampling over a 45 kilometre by 25 kilometre area. 100%-controlled Previsto copper-gold porphyry project: Hannan has increased its land position by 11% for a total of 1,054 sq km by staking four new porphyry copper style exploration targets; In total Hannan has identified seven new copper-gold porphyry targets at the Previsto Project; This includes three intrusive centres at the Previsto Norte Target with associated Cu-Au-Mo mineralization in boulders and outcrops. It is estimated that <1% of the bedrock outcrops in the area; Two field teams have been mobilized in the area to undertake basin wide stream sediment sampling and geological prospecting and mapping. High-grade copper-silver mineralization has been discovered within the 277 sq km San Martin Hannan project which is 100%-controlled by Hannan. A boulder discovered during initial reconnaissance assayed 1.4% Cu and 21 g/t Ag. This is the first indication of sediment-hosted copper mineralization in the north-western Huallaga Basin. The boulder source represents a small proportion of Hannan's application in the area, which in total covers 55 kilometres of the prospective strike of the mineralized host unit. Field teams are currently actively carrying out stream sediment sampling. The Previsto project, located 300 kilometres south of the 100%-controlled San Martin Hannan sediment-hosted copper-silver project, defines a previously unknown mineralized belt within a 140 kilometre by 50 kilometre area. The project continues to grow. Hannan has continued to stake additional ground to keep up with field discoveries and increased its land position by 11% for a total of 105,400ha (1,054 sq km) by staking four new porphyry copper style exploration targets. At Previsto, regional exploration has identified seven intrusion related porphyry/skarn targets defined by coincident Cu-Au-Mo-Ag anomalies with lesser Pb-Zn-Sn-W from multiple datasets, including stream sediment sampling, outcrop and boulder geochemical sampling, geological mapping and airborne magnetics. The nature of the targets is at an early stage. The entire area is under thin cover, and it is estimated that <1% of the bedrock outcrops. The most advanced of these is located in the northern part of the project area. A large number of copper-bearing boulders with different stages of porphyry intrusions have been observed with strong hydrothermal alteration and B-style quartz-sulphide veins relating to porphyry mineralization. Values up to 25.6% Cu and 28 g/t Ag, (previously report) have been assayed. Gold anomalous boulders are also present with 0.9 g/t Au and 0.12% Cu assayed from a strongly leached hydrothermal breccia with porphyritic clasts. The time to grant mining concession applications in Peru takes up to one year. Control of the Previsto and San Martin Hannan Projects is held 100% through Hannan subsidiaries or in trust via other private companies. Technical Background All samples were collected by Hannan geologists. Rock and sediment samples were transported to ALS in Lima via third party services using traceable parcels. At the laboratory rock samples were prepared and analyzed by standard methods. The sample preparation involved crushing 70% to less than 2mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns. The crushers and pulverizes were cleaned with barren material after every sample. Samples were analyzed by method ME-MS61, a four acid digest preformed on 0.25g of the sample to quantitatively dissolve most geological materials. Analysis is via ICP-MS. Gold was analyzed using method Au-ICP22 on a 50g sample charge. The method uses fire assay and ICP-AES. At Previsto, all crushed rejects of rock samples were scanned using TerraSpec 4HR scanning and aiSIRSITM expert spectral interpretation. Sediment samples collected at multiple points of active sedimentation in creeks. They were pre-screened in the field using a steel sieve and subsequently bagged. At the lab, the samples were first dried at <60o C, sieved to -180 microns. Samples were analyzed by method AuMe-ST43, a super trace gold and multielement method. An aqua regia digest was performed on 25g of the sample with ICP-MS analysis. Grab samples are selective by nature and are unlikely to represent average grades on the property.