Hammer Metals Unveils Promising Gold and Copper Targets in North Queensland

An announcement from Hammer Metals Limited ( (AU:HMX) ) is now available.

Hammer Metals Limited has announced the discovery of strong new gold and copper targets in North Queensland, following recent electromagnetic and soil surveys. The standout target, ‘Lex,’ identified by a fixed loop electromagnetic survey, shows significant potential with historical rock chip results indicating up to 3.1% copper. Additionally, soil surveys at the Sisters Project area have revealed promising gold-only and copper-gold anomalies, with plans for further exploration and drilling in the coming months. These developments could significantly enhance Hammer Metals’ exploration portfolio and strengthen its position in the mineral-rich Mount Isa region.

More about Hammer Metals Limited

Hammer Metals Limited is a company operating in the mining industry, focusing on the exploration and development of gold and copper resources. The company is primarily active in the Mount Isa region of north-west Queensland, Australia, where it owns several mining tenures and is involved in identifying and developing high-quality mineral targets.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $16.3M

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