Hannan Metals has restarted diamond drilling at its Stavaträsk gold project in northern Sweden following a successful initial seven-hole program that intersected gold in every hole. The new approximately 1,000-meter drill program aims to test extensions of known mineralization and new targets identified by a recent induced polarization (IP) survey. Early results showed high-grade gold intercepts, and the IP survey revealed multiple chargeability anomalies indicating potential sulphide mineralization. Drilling is expected to complete in October 2026, with assay results due within 6 to 8 weeks, supporting ongoing exploration momentum alongside Hannan's flagship project in Peru.
Hannan Metals' Stavaträsk gold project drilling update comes as 39 of 62 Basic Materials-sector US stocks on Pluang rose today. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 13, 2026 17:11 WIB: Harmony Gold Mining Co. (HMY) traded at USD 17.15 with a 1-day change of +2.82% and Pluang order activity showing 99% Buy, Endeavour Silver Corp (EXK) at USD 8.41 with -1.52% and 100% Buy, and Agnico Eagle Mines Ltd (AEM) at USD 190.99 with +1.49% and 94% Buy. Typical hold times ranged from 25 to 56 days among these top movers.
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