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Tag: JOGMEC

Hammer launches fresh North-West drilling program

Written by dev on . Posted in All News, Copper, Exploration, Gold.

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, Alpha and Juliette.

Gossan from the Charlie prospect. . .

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Hammer keen to nail big one in North West Qld

Written by dev on . Posted in All News, Copper, Exploration, Gold, Processing / Manufacturing.

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 investment at the moment and a lot of our targets in Queensland, while they contain gold, are more copper-rich targets, so our investors are certainly keen for us to be drilling in Western Australia at our gold projects and. . .

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Hammer hard at work on exploration campaigns

Written by dev on . Posted in All News, Copper, Exploration, Gold.

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 prospect has delineated a mineralised multiphasebreccia unit outcropping over a strike length of 450m with a maximum width of 150m.

Hammer says copper. . .

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Joint venture kicks off exploration campaign

Written by dev on . Posted in All News, Copper, Exploration, Gold, Processing / Manufacturing.

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 gravity surveys in each of the four joint venture target areas, Even Steven, Mount Philp Breccia, Dronfield West and Malbon.

Another key element is ground electromagnetic (EM) surveys at Toby and Charlie prospects, following up on previously. . .

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

Written by dev on . Posted in All News, Copper, Gold.

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 demonstrating that JOGMEC shared his company's vision that a large tonnage IOCG deposit such as Ernest Henry was present within that project area.

"The increased exploration funding allows a focused and accelerated exploration program at. . .

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