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Hammer: Drilling Begins at Perentie Copper-Gold Target
Nov. 20, 2018 09:10AM PST
Hammer said it expected that the programme will be completed within two weeks and results to be received by mid-late December.
Hammer Metals (ASX:HMX) has announced that a first pass 1000m reverse circulation drilling programme has begun at the new Perentie copper-gold target in the Mt Isa mining district of Queensland.
As quoted in the press release:
- The drilling is an initial test of the +5km long Susan – Paddy B – Judith mineralized trend and the +5km Rainbow Ridge – Trackside mineralized trend recently delineated by Hammer.
- Rock chip grades of up to 31 percent copper, 19 grams per tonne (g/t) gold and 240 g/t silver were obtained in rock chip sampling in these areas.
- A Sub Audio Magnetics geophysical survey was completed over parts of the trends to assist with the delineation of the structure of the mineralized trends and drill hole planning.
- It is expected that the programme will be completed within two weeks (weather permitting) and results to be received by mid-late December.
Click here to read the full Hammer Metals (ASX:HMX) press release.
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