Jun 12, 2019

High-grade gold results at Hammer’s Malbon site

High-grade gold results at Hammer’s Malbon site

Rock chip sampling is delivering high-grade gold results at Hammer Metals’ Malbon project in North-West Queensland.

The explorer has reported ferruginous quartz veins with up to 99.4g/t gold upstream of the historic El Questro alluvial workings at Malbon.

Additional sampling is underway to delineate quartz vein zones that extend a further 500m along strike, with results expected soon.

The company is also continuing field work at the Mt Philp breccia project.

“Whilst Hammer is preparing to commence work at our new Bronzewing South gold project (in Western Australia), our programs of prospecting and sampling of the Mount Philp breccia soil anomalies and at the Malbon project at Mount Isa continue to return very encouraging results,” chairman Russell Davis said.

“We are identifying previously unknown zones of copper and gold mineralisation, supporting our exploration approach and the considerable potential of Hammer’s projects.

“The high-grade gold results at El Questro in particular will be followed up in the short term.”

The El Questro prospect is located about 40km east of Kalman and features historic alluvial diggings and minor hard rock pits.

Hammer said that Battle Mountain (Australia) had examined El Questro and the area to the north of the alluvial workings in the early 1990’s but no geological mapping or drilling had been conducted to attempt to delineate the extent of the gold mineralisation despite recording multiple elevated rock chip gold grades.

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