Hammer Metals Confirms high-grade copper zone at South Hope, QLD
- Hammer Metals (HMX) confirms a broad zone of copper sulphide mineralisation in its first drill hole completed at the South Hope prospect in northwest Queensland
- The company has received assays from its recent drilling program, with the first hole intersecting a 25-metre zone grading 2.41 per cent copper and 0.47 grams per tonne (g/t) gold
- Managing Director Daniel Thomas says this intersection is a “great result” that gives the company “significant encouragement” about the potential of its Mount Hope prospects
- HammerMetals now plans to complete follow-up drilling across a number of prospects within its Mount Isa portfolio
- Shares in HammerMetals are up 1.59 per cent to 6.4 cents at 11:48 am AEDT