Hammer Metals: Confirms high-grade copper zone at South Hope, QLD

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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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
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