Hammer Metals Drilling Hits Up To 14.15g/t Gold At Yandal Project

Hammer Metals Ltd (ASX: HMX) has revealed strong gold assays from drilling at the North Orelia Target 1 at its Yandal Project in Western Australia.

The reverse circulation (RC) drilling program comprised 21 holes for 2,634 metres of drilling.

Promising results from the campaign include:

  • 14 metres at 2.10g/t gold from 40 metres including 2 metres at 9.18g/t gold from 45 metres; and
  • 15 metres at 1.44g/t gold from 82 metres peaking at 1 metre at 14.15g/t gold from 83 metres.

Lithium potential

Drilling at Target 1 also intersected multiple pegmatites with lithium anomalism of up to 647ppm lithium between 128m and 129m.

The geochemistry of the pegmatites appears to show a gradation path.

This suggests that prospective zones of higher-grade lithium may be located further east, under shallow cover.

Hammer will move on to lithium geochemistry and a soil sampling program to focus on the source of lithium anomalism.

Resource estimate

Hammer Managing Director Daniel Thomas said: “The results from the gold exploration program highlight the continuity of the Orelia Target 1 mineralised zones at depth and along strike.

“These results will be encompassed in our upcoming JORC Mineral Resource which will round out this shallow gold zone discovered by Hammer adjacent to Northern Star’s existing gold mining operation at Orelia.”

Next steps

Hammer is planning an air core drilling program for high-ranking gold targets at Sword, Harrier and Gummow.

The drilling is expected to start in Q2 2024.



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