HomeFinTechAndromeda Metals: Receives positive results from Hammerhead

Andromeda Metals: Receives positive results from Hammerhead

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  • Andromeda Metals (ADN) has received results from aircore drilling conducted at the Hammerhead prospect (previously Condooringie prospect)
  • Hammerhead is located five kilometres north of the Great White deposit which  previously called Carey’s Well
  • Pleasingly, the latest ISO Brightness and XRD results have defined a large bright white kaolin deposit that extends over 2.4 kilometres by 0.5 kilometres
  • XRD results released to date have confirmed zones of high-grade halloysite-kaolin, of more than 20 per cent, within the Bright White domain
  • Once Andromeda receives the results from a further 14 holes, it will complete a mineral resource estimate on the Hammerhead deposit
  • Company shares are up 5.97 per cent and trading for 7.1 cents
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