Hammer: Geophysical Survey and Drilling to commence at Perentie

- October 11th, 2018

The executive chairman of Hammer said that the company is keen the expedite exploration at Perentie, and is planning to have the first pass drilling completed and reported by late November.

Hammer Metals (ASX:HMX) has released an update on drilling at its Perentie copper-gold project near Mt Isa, Queensland.

As highlighted in the press release:

  • Hammer Metals anticipates commencing a sub-audio magnetics ground geophysical survey over the Paddy B, Judith and Trackside prospects at Perentie in two weeks.
  • RC drilling will commence immediately following the SAM survey which is expected to take one week.
  • Provided the SAM technique is effective in detecting the mineralization the survey will be extended over other “demagnetized” mineralized trends, many of which are obscured by shallow cover and remain to be evaluated.

Executive chairman of Hammer, Russel Davis said:

Hammer is keen the expedite exploration at Perentie, and is planning to have the first pass drilling completed and reported by late November. It is still however very early days at Perentie with many of the other targets and trends obscured by shallow cover to be tested in due course.

Click here to read the full Hammer Metals (ASX:HMX) press release.

Leave a Reply

Your email address will not be published. Required fields are marked *