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Hammer Metals

Dec 10, 2020
Hammer launches fresh North-West drilling program

Hammer launches fresh North-West drilling program

Hammer Metals is carrying out a 2200m reverse circulation drilling program in the Mount Isa region from this week for the JOGMEC joint venture. Ten holes are planned including follow-up drilling at the Shadow and Toby prospects testing zones of strong magnetic and electromagnetic anomalism. Initial drilling is planned at previously untested zones at Even Steven South,Trafalgar, Charlie, Alp...

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Sep 23, 2020
Hammer reviews gold potential in North West

Hammer reviews gold potential in North West

Hammer Metals is running an eye over the gold exploration potential within its Mount Isa project areas as prices remain strong. The company has focused primarily on exploring for large scale Iron Oxide Copper Gold (IOCG) systems in the region and says there is potential for significant gold mineralisation within its tenure. “The gold exploration review highlights the latent opportunit...

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Sep 07, 2020
Hammer Metals buoyed by early drill results

Hammer Metals buoyed by early drill results

Hammer Metals has reported broad intersections of copper and associated gold at the Shadow prospect at its Mount Isa East joint venture. The results stem from a diamond drilling program undertaken on the Shadow and Toby prospects located within that area and on the Koppany prospect that is part of Hammer’s joint venture with Mount Isa Mines. Drilling at Shadow outlined a wide mineralised ...

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Jun 22, 2020
Hammer keen to nail big one in North West Qld

Hammer keen to nail big one in North West Qld

Hammer Metals is kicking off the next round of drilling at its Mount Isa region tenements, starting with the Shadow prospect within the JOGMEC joint venture project. The company’s commitment to its North West Queensland projects is going against the tide of investor sentiment, according to managing director Daniel Thomas. “Our investors probably have a firm focus on gold investm...

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May 12, 2020
Hammer hard at work on  exploration campaigns

Hammer hard at work on exploration campaigns

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 p...

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Feb 18, 2020
Joint venture kicks off exploration campaign

Joint venture kicks off exploration campaign

Exploration has kicked off under a $6 million joint venture arrangement on a parcel of Hammer Metals tenements in the Mount Isa region. Hammer said the phase 1 exploration program was designed to collect baseline data over the large iron oxide copper-gold (IOCG) target areas and finalise targets for drilling anticipated in the next quarter. Two survey teams are conducting ground-based gr...

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Nov 25, 2019
$6m exploration deal for Hammer’s Mount Isa Project

$6m exploration deal for Hammer’s Mount Isa Project

Hammer Metals has entered a joint venture deal which will see Japan Oil, Gas and Metals National Corporation (JOGMEC) invest up to $6 million in a cluster of its North West Queensland projects. The JV covers sections of the Even Steven, Mount Philp, Dronfield West and Malbon target areas within Hammer’s Mount Isa Project. Hammer managing director Daniel Thomas hailed the agreement as d...

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Sep 10, 2019
New copper-gold discovery at Mount Philp

New copper-gold discovery at Mount Philp

Hammer Metals has discovered a new zone of mineralisation at its Mount Philp project south-east of Mount Isa. The zone, dubbed Shadow, was discovered through follow-up rock chip sampling over copper-gold soil anomalies at the Mt Philp breccia complex, the company said. Preliminary sampling returned results in individual samples of up to a maximum of 4.64g/t gold and 27.7 per cent copper. ...

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Apr 01, 2019
Hammer hits the mark at Mount Philp project

Hammer hits the mark at Mount Philp project

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 t...

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