- Hammer Metals has completed its phase one drilling program and intersects gold mineralisation at its Bronzewing South gold project
- The program tested five targets on mineralised trends south of the Bronzewing deposit
- BWSRC011 results included 10 metres at 1.97 grams per tonne of gold from 129 metres including 1 metre at 16 grams per tonne of gold from 137 metres
- The company is planning a phase two drilling program
Hammer Metals has completed its phase one drilling program and has found intersections of gold mineralisation at its Bronzewing South gold project.
The program tested five targets on mineralised trends south of the Bronzewing deposit.
The company’s drilling encountered strong shear fabric development, quartz veining, carbonate alteration and sulphides associated with multiple gold intersects.
Results included 10 metres at 1.97 grams per tonne of gold from 129 metres including 1 metre at 16 grams per tonne of gold from 137 metres in BWSRC011.
The Bronzewing South gold project is located in Western Australia within the Yandal Belt. Hammer only acquired the project this year and previous exploration has outlined unexplained gold anomalies.
Hammer’s Chairman, Russell Davis is very encouraged by the result from its first drilling program at Bronzewing South.
“The wide-spaced drilling has intercepted significant gold mineralisation in most of the holes drilled and has provided useful information on the structure, geology and deportment of the gold mineralisation at the project and will guide further drilling,” he said.
The company is already planning a second drilling phase to test a further five targets.
Rock chip samples from quartz veining at the Kens Bore Prospects returned significant results including 6.09 grams per tonne, 7.73 grams per tonne, 12.1 grams per tonne and 22.3 grams per tonne of gold.
Inital testing for this target is planned to occur in the Phase two program.
“We are looking forward to commencing RC and aircore drilling programs in the near future along both the Bronzewing South and Orelia trends and at the new Ken’s Bore target,” Russell added.
Hammers has dropped 25 per cent on the ASX today and is currently selling shares for 2.4¢ apiece at 12:41 pm AEST.