Hammer Metals Limited (AU:HMX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.
For further insights into AU:HMX stock, check out TipRanks’ Stock Analysis page.
