Hammer Metals Identified New North Queensland Copper-Gold Drill Targets

THE DRILL SERGEANT: Hammer Metals (ASX: HMX) has been busy of late, identifying several high-quality copper-gold targets within the company’s 100 per cent-owned tenure that forms part of its Mount Isa project in north-west Queensland.

Hammer Metals is conducting soil sampling across multiple targets within these areas, concentrating on soil sampling and geological mapping at the Tourist Zone, Overlander North, Kalman East and South, as well as Mascotte North.

This work is generating new targets to test as part of the company’s next Mount Isa drilling program.

“An extensive soil sampling program at Tourist Zone and Kalman continues to generate high-quality drill targets,” Hammer Metals managing director Daniel Thomas said in the company’s ASX announcement.

“The identification of a more significant gold and copper trend to the south of previous drilling is highly encouraging given that the historical drilling at the northern target generated copper intercepts of up to 37 metres at one per cent copper (TRC-019).

“These trends are highly anomalous and are supported by our geological reconnaissance which has identified mineralisation on surface.

“These prospects have never been drilled before and offer potential for further discoveries on our 100 per cent-owned Mount Isa tenure.

“Hammer has been systematically identifying untested trends and anomalies within our extensive tenement position for further investigation by soil sampling and geological reconnaissance.

“The exciting results emerging from Hammer’s initial work at Kalman and Tourist Zone are very pleasing and highlight the untapped potential of this project for further discoveries.”

Hammer has preparations underway for upcoming drilling with activities including refining drilling locations, environmental authorisations, heritage clearances and preparatory earthworks.

Drilling is expected to commence in late September 2024.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE