Hammer Metals Limited (AU:HMX) has released an update.
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Hammer Metals Limited has announced the acquisition of an option to purchase an 80% interest in the Lady Jenny Mining Leases, which is set to bolster their existing Mount Isa copper-gold portfolio. The leases, previously mined for copper oxide and with potential copper sulphide mineralisation, are advantageously positioned within Hammer’s wholly-owned exploration territory. Hammer is preparing to conduct drilling tests and believes this acquisition will significantly contribute to their resource inventory and regional mining developments.
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