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Hammer Metals and Sumitomo to Explore Rich Targets

Hammer Metals Limited (AU:HMX) has released an update.

Hammer Metals Limited, in partnership with Sumitomo Metal Mining Oceania, is set to launch a significant drilling campaign in early 2025 to explore high-priority Iron Oxide Copper-Gold (IOCG) targets in the Mt Isa region of Queensland. This initiative aims to uncover potential Tier-1 mineral systems beneath the Cambrian cover, leveraging recent geophysical data. As the preparations ramp up, investors are eyeing the potential for substantial discovery success, which could enhance Hammer Metals’ portfolio and market position.

For further insights into AU:HMX stock, check out TipRanks’ Stock Analysis page.

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