Hammer Metals identified several high-priority copper-gold drill targets within its 100%-owned tenements forming part of its Mount Isa Project in north-west Queensland.
Extensive soil sampling and geological mapping have revealed significant anomalies at various sites, including Tourist Zone, Kalman, Overlander, and Mascotte.
"A more significant gold and copper trend to the south of previous drilling is highly encouraging. These trends are highly anomalous and are supported by our geological reconnaissance which has identified mineralisation on surface," said Daniel Thomas, managing director of Hammer Metals.
Field crews have extended soil surveys to the south of the known mineralisation at the Tourist Zone, revealing soil anomalies that exceed previously drilled results.
At the site, rock chip samples have returned results of up to 3.96g/t Au and 14.3% Cu, with soil anomalies stretching up to 3km in length.
At Kalman, geological reconnaissance has confirmed the presence of gold mineralisation, with rock chip sampling returning a peak assay of 7.0g/t Au.
Soil sampling highlights extended anomalous copper, gold, and molybdenum zones to the east and south of the Kalman deposit.
Preparations for an upcoming drilling program are underway, with activities including refining drilling locations, environmental authorisations, and heritage clearances. Drilling is expected to commence in late September.
Hammer Metals is an ASX-listed company involved in mineral exploration in Western Australia and Queensland. The company’s projects include Bronzewing South Au/Li/Ni Project and Mount Isa Projects.
At the time, Hammer Metals' share price was $0.039.