Hammer Metals plans a diamond drilling campaign in June on ‘compelling’ targets at the Shadow and Toby prospects within the JOGMEC joint venture project.
Managing director Daniel Thomas said the first program of the $6 million JOGMEC JV had positioned Hammer for success in 2020 with the definition of a number highly prospective copper/gold drill targets.
Mapping at the Shadow prospect has delineated a mineralised multiphase
breccia unit outcropping over a strike length of 450m with a maximum width of 150m.
Hammer says copper mineralisation is visible at surface and further rock chip sampling has returned maximum individual grades of 6.7g/t gold and 28.2 per cent copper.
A ground electro magnetic survey at the Toby and Charlie prospects identified conductive plates at Toby which provide a compelling target and will assist guiding Phase 2 drilling.
Detailed gravity surveys over portions of the Even Steven, Mount Philp, Dronfield West and Malbon joint venture areas have outlined multiple grassroots targets which will be evaluated during the Phase 2 program.
Hammer also recently completed an MT (magnetotellurics) survey in the area of its Kalman copper gold project, funded by the Queensland Government as part of its CEI program.
Hammer is also preparing to initiate its CEI diamond drilling program at the Koppany copper and REE prospect as part of its upcoming field activities in Mount Isa.
Mr Thomas said the upcoming work programs should ensure a steady stream of results from the Mount Isa projects throughout the remainder of 2020.