Hammer Metals Pinpoints New Drill Targets at Mount Hope
THE DRILL SERGEANT: Hammer Metals (ASX: HMX) has identified two new Induced Polarisation (IP) anomalies on the company’s 100%-owned Mount Hope tenement in North-West Queensland.
Hammer Metals generated the new drill targets recently having completed IP geophysical surveys across the Mount Hope tenement.
A maximum IP anomaly of >42mv/v was recorded in the survey along trend from nearby copper workings that was identified by the company to represent an immediate drilling prospect.
A total of five IP lines were completed covering prospective trends to the east, south and north of the main Mount Hope historic workings.
The survey outlined several anomalies, with two targets considered suitable for immediate drilling and further zones identified for further ground review.
“It’s pleasing to see such strong anomalies generated from the intensive geophysical programs that we have been undertaking across our tenure,” Hammer Metals managing director Daniel Thomas said in the company’s ASX announcement.
“The highly encouraging anomaly at the Stubby prospect will be added to our extensive ongoing drilling program and offers another exceptional copper-gold target for our shareholders.
“A strong news pipeline has been developed, with an active drilling program on prospective targets continuing and further geophysical results on the horizon.”
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Email: info@hammermetals.com.au