Hammer Metals has told the Australian Stock Exchange it is about to start reverse circulation drilling at two projects near Mount Isa.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
One is the copper-gold-lead-zinc-graphite prospect at Kalman West and the other is a copper-gold prospect at Revenue, both south-east of Isa.
Hammer discovered the graphite potential at Kalman West after a high-tech VTEM electromagnetic survey last year with rock chip sampling assaying to between a 7.42% and a 9.92% total graphitic content and graphite flake size can be up to 1.2mm.
Hammer discovered the graphite potential at Kalman West after a high-tech VTEM electromagnetic survey last year
Hammer say they are planning up to five holes at the drill site at Kalman West.
Kalman West is a kilometre west of Hammer’s flagship Kalman copper-gold-molybdenum-rhenium deposit with an estimated 20 MT at 1.8% copper equivalent.
Meanwhile over at Revenue, 30km south-west of Kalman, near Duchess, a three hole RC drilling project is about to get underway.
It will test a zone of copper-gold with drill samples to be analysed for rare earth metals.