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Hammer Metals Limited ( (AU:HMX) ) has provided an announcement.
Hammer Metals Limited has identified a third mineralized gold zone at its Bronzewing East target, part of the Yandal Gold Project. This discovery, located near the Bronzewing Mining Lease, highlights the potential for further gold exploration and development in the area. The company is prioritizing an extensive drilling program to explore this structural corridor and anticipates developing high-priority targets for future testing. This advancement could significantly impact Hammer Metals’ operations and strengthen its position in the gold mining sector.
More about Hammer Metals Limited
Hammer Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources, particularly gold. The company is actively engaged in its Yandal Gold Project, aiming to discover significant gold deposits.
Average Trading Volume: 932,274
Technical Sentiment Signal: Buy
Current Market Cap: A$35.71M
See more insights into HMX stock on TipRanks’ Stock Analysis page.