- Hammer Metals (HMX) begins drilling at its Mount Isa Projects in Queensland
- The drilling program will test prospects at Sunset, Lakeview, Neptune and Kalman, plus the Trafalgar trend within the Mount Isa East joint venture with Sumitomo Metal Mining Oceania
- Kalman is the first target in Hammer’s drilling program, with the program set to continue until the Christmas break
- Meanwhile, drilling at Hammer’s Bronzewing South project is now complete with samples submitted to labs for analysis
- Hammer Metals last traded at 4.5 cents on December 10
Hammer Metals (HMX) has begun drilling at its Mount Isa Projects in Queensland.
The drilling program was designed to test prospects at Sunset, Lakeview, Neptune and Kalman, along with additional drilling on the Trafalgar trend within the Mount Isa East joint venture with Sumitomo Metal Mining Oceania.
Kalman is the first target in Hammer’s drilling program, with drilling planned to continue up to the Christmas break with a return planned on January 5, 2022.
The company said the drilling will aim to further test and extend known areas of shallow mineralisation at the northern end of the Kalman deposit.
“Hammer’s return to drilling at Kalman is highly anticipated given the historical high-grade copper, gold and molybdenum drilling results,” said Hammer’s Managing Director, Daniel Thomas.
“The sustained high commodity prices for copper and molybdenum are encouraging and there has never been a better time to re-invigorate our evaluation of the potential of the mineralised system at Kalman.
“This program will also include our first drilling with our Joint Venture partner, Sumitomo Metal Mining Oceania,” Mr Thomas concluded.
Meanwhile, drilling at Hammer’s Bronzewing South project has now been rounded off. Thirteen holes for 3554 metres of reverse circulation drilling were completed in a target corridor south of the Bronzewing Gold mine.
Samples have been submitted to labs for analysis, with results expected later this month.
Hammer Metals last traded at 4.5 cents on December 10.