Hammer Metals Ltd (HMX) – ASX Release

Hammer Metals to acquire Sunset and Black Rock Copper-Gold Projects

  • Mt Dockerell Mining Pty Ltd (a wholly owned subsidiary of Hammer Metals Limited) has executed a Sale and Purchase Agreement to purchase two exploration permits that cover the Sunset and Black Rock copper‐gold prospects located 5km northwest of Hammer’s Jubilee and Elaine‐Dorothy copper‐gold deposits near the Mary Kathleen Mine.

  • The Sunset Prospect has potential for Jubilee‐style copper‐gold deposits. Selected drill intersections include 24m @ 1.41% Cu and 0.49g/t Au and 14m at 2.57% Cu.

  • Black Rock returned broad drill intersections of up to 78m at 0.54% Cu and 0.13g/t Au and 94m at 0.44% Cu. The prospect extends over a strike length of 1.2km with true widths ofthe mineralised zone of up to 60m, indicating good potential to host a large tonnage coppergold deposit similar to Hammer’s Elaine‐Dorothy deposit.

  • The rock sequence that hosts the Black Rock and Sunset Prospects also hosts the Mary Kathleen, Jubilee and Elaine‐Dorothy deposits as well as several other copper occurrences for over 20km along strike and is considered to have substantial exploration potential.

The information contained has been prepared by third parties. No warranty of accuracy or reliability is given in relation to any advice or information contained in this document and no responsibility for any loss or damage whatsoever arising in any way for any representation, act or omission, whether express or implied (including responsibility to any persons by reason of negligence), is given by DJ Carmichael Pty Limited or any officer, agent or employee of DJ Carmichael Pty Limited.