Hammer Metals Hits Lady Jenny Gold and Copper
THE DRILL SERGEANT: Hammer Metals (ASX: HMX) provided a spark to the final morning of the RIU Explorers Conference by reporting drilling results from the company’s Lady Jenny Mining Lease in the Mt Isa region Queensland.
Hammer Metals had conducted an eleven-hole Reverse Circulation (RC) drilling program through November and December 2024 at the Lady Jenny Mining Lease with all holes intersecting copper and gold mineralisation under the historical pit, confirming a strike extent of approx. 180 metres.
Highlights from these first intercepts included:
HMLJRC005
32 metres at 1.05 per cent copper and 0.22 grams per tonne gold from 14m – estimated true width of approx. 25m, including 20m at 1.35 per cent copper and 0.3g/t gold from 16m;
HMLJRC008
26m at 0.67 per cent copper and 0.34g/t gold from 37m – estimated true width of approx. 21m, including 1m at 9.08 per cent copper and 4.4g/t gold from 42m;
HMLJRC003
15m at 1.10 per cent copper and 0.11g/t gold from 11m – estimated true width at 10m and 15m at 0.88 per cent copper; and
HMLJRC004
0.12 g/t gold from 36m – estimated true width of approx. 8m, including 6m at 1.76 per cent copper and 0.23g/t gold from 36m.
“Hammer’s program has successfully confirmed the extent of the presence of copper sulphides beneath the historical oxide workings at Lady Jenny,” Hammer Metals managing director Daniel Thomas said in the company’s ASX announcement.
“Several other exploration targets at the property are emerging and the team will assess geophysical methods to aid targeting for future drilling programs.
“The team’s attention now turns to our Bullrush IOCG drilling program, which we expect to commence next week.
“This diamond drilling program is targeting a classical magnetic and gravity anomaly masked by approximately 100m of cover.
“It is shaping up to be a busy start for 2025, with drilling programs also scheduled for Hammer’s 100 per cent-owned project areas.
“We’re looking forward to the end of the wet season to allow us to finally test Tourist Zone South plus an exciting new VTEM target at Revenue near Mt Hope.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
