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Hannan Metals secures option to acquire 3 high-grade gold projects in Sweden, starting drilling in June 2026.

Company Fundamentals
10 Jun 2026
Newsfile Corp
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Bullish
pluang ai news

Hannan Metals Limited has entered an option agreement to acquire up to 100% of three high-grade gold projects in Sweden: Stavaträsk, Skellefteå North, and Ådelfors, covering 8,405 hectares. The Stavaträsk project is fully permitted and drill-ready, with drilling set to begin mid-June 2026 to test a system analogous to Europe's richest gold mine, Boliden. The projects complement Hannan's flagship Previsto gold-copper project in Peru, allowing continuous exploration activity with minimal upfront cash. The option agreement includes staged share issuance and exploration expenditures, with a 2% net smelter return royalty payable upon acquisition.

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