Hammer Metals Advances WA Gold and Mount Isa Copper JVs as Assays Pending

Hammer Metals Limited ( (AU:HMX) ) has shared an announcement.

Hammer Metals has reported a busy December 2025 quarter across its portfolio, completing 1,309 metres of reverse circulation drilling at the Orelia North and Bronzewing South gold projects in Western Australia’s Yandal belt, with assays pending that could extend the existing 54,500-ounce inferred resource at Orelia North and refine new conceptual targets at Bronzewing South. The company also secured an option over the underexplored Mount Sefton Gold Project, where historic auger sampling has outlined untested gold and arsenic anomalies, and advanced several Mount Isa copper-focused joint ventures with more than 2,500 metres of diamond drilling completed and key targets such as Trafalgar and Pearl returned to 100% Hammer ownership, all while maintaining a $3.5 million cash balance and keeping JV work fully funded by partners, underscoring a capital-efficient growth strategy in both gold and base metals.

The most recent analyst rating on (AU:HMX) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Hammer Metals Limited stock, see the AU:HMX Stock Forecast page.

More about Hammer Metals Limited

Hammer Metals Limited is an Australian mineral exploration company focused on gold and base metals, with flagship projects in Western Australia’s Yandal and Mount Sefton regions and copper-gold-lead-zinc joint venture interests around Mount Isa in Queensland. The company targets underexplored greenstone belts and structurally favourable terrains, aiming to advance resources and commercialisation opportunities while leveraging joint venture funding for its Queensland activities.

Average Trading Volume: 877,080

Technical Sentiment Signal: Buy

Current Market Cap: A$36.6M

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