Apr 01, 2019

Hammer hits the mark at Mount Philp project

Hammer hits the mark at Mount Philp project Mount Philp breccia in the Mount Isa region.

Hammer Metals says a soil survey has identified numerous gold anomalies at Mount Philp in North-West Queensland, confirming the prospectivity of the site.

“The soil results are very encouraging and now that surface anomalies have been defined more detailed field examination can commence,” Hammer chairman Russell Davis said.

“The field work and planned gravity survey aims to delineate drill targets which will be tested late in the 2019 field season.”

Field work has commenced, with ground investigation of target zones.

Hammer was awarded Collaborative Exploration Initiative funding from the State Government late last year to part-fund a $250,000 first-pass geophysical and geochemical exploration program at the Mount Philp Breccia Project.

Mount Philp is an iron oxide-copper-gold project south-east of Mount Isa and is among a raft of Hammer tenements in the region.