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    • Delayed Prices (USD) - Last Updated 29-06-2022
    • Gold $1,819.40
    • Silver $20.79
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    • Dalian Iron Ore i2209 $121.88
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    Hammer Metals approves extension to drill program at Trafalgar

    Hammer Metals Ltd (ASX: HMX) has announced the approval of additional holes to follow up the copper and gold discovery at the Trafalgar prospect within its Mount Isa East JOGMEC Joint Venture in Queensland.

    Drilling at Mount Isa East

    The company had recommenced the current drilling program at Mount Isa East Joint Venture on 12 January 2021 at Trafalgar, Shadow, and Even Steven South prospects.

    The Trafalgar prospect forms part of an extensive copper-gold soil anomaly and magnetic trend which extends 2.7km with little previous exploration.

    High-grade intercepts at Trafalgar

    The company had recently reported encouraging copper and gold discovery from the Trafalgar prospect. Significant intercepts included 55m at 1.12% Cu and 0.30g/t Au from 119m including 16m at 1.77% Cu and 0.49g/t Au from 149m in HMTRRC001; and 32m at 1.04% Cu and 0.25g/t Au from 64m including 6m at 2.38% Cu and 1.45g/t Au from 91m in HMTRRC002.

    Additional drill holes planned

    HMX reported that to take advantage of rig availability, the Joint Venture has approved an extension to the current drilling program with additional holes to follow up the copper and gold discovery at the Trafalgar prospect.

    The company said that the additional holes are planned to be drilled from the opposite direction to confirm the width and continuity of mineralisation; whilst an additional hole will be drilled approximately 80m to the north of HMTRRC001.

    Hammer Metals said that the additional drilling at Trafalgar will bring the current program to a close in line with the expected wet season in Mount Isa.

    Next steps

    The company said that post the completion of this drilling program, the Joint Venture will interpret the results and plan to return with a follow up field program in April.

    HMX said that drilling is also planned to be completed at the Shadow, Toby East, Alpha, Charlie, and Juliett prospects.

    *Photo courtesy of Hammer Metals Ltd

    Jonathan Norris
    Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.

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    • Delayed Prices (USD) - Last Updated 29-06-2022
    • Gold $1,819.40
    • Silver $20.79
    • Platinum $909.00
    • Palladium $1,802.00
    • Dalian Iron Ore i2209 $121.88
    • Aluminium $2,495.50
    • Cobalt $72,400.00
    • Copper $8,417.50
    • Lead $2,003.50
    • Nickel $22,882.00
    • Tin $26,991.00
    • Zinc $3,318.00