Hammer Metals Ltd(ASX:HMX) has identified shallow mineralisation over a 2km strike length at its Target 1 prospect at the North Orelia project in Western Australia.
Managing Director, Daniel Thomas, said the company’s air core drilling (AC) programme at Target 1 has also confirmed further zones of promising shallow gold mineralisation that remain open in all directions and build on the previous AC programmes at North Orelia.
Gold results have been received from the first 66 holes (3,889m) of a planned 8,000m AC programme at North Orelia aimed at testing anomalous zones at Targets 1 and 4, both located on trends coinciding with the Mt McClure Deposit Group.
The drill results reported to date are from the completion of drilling on the Northern half of Target 1, while results from the drilling on the southern portion are still being assayed.
Meanwhile, drilling at North Orelia is continuing with extensional AC testing to the South of Target 1 expected to be completed within the next fortnight.
These results further highlight the prospective nature of our North Orelia project and demonstrate the exploration potential within the Yandal belt to deliver gold mineralisation at shallow depths,” Mr Thomas said.
“We are looking to capitalise on the early exploration success at Target 1 and utilise the funds received through the exercise of listed Hammer options to aggressively pursue our evolving targets in the Yandal region.”
Hammer is also undertaking a 5,700-sample soil survey over parts of the North Orelia trend.
Mr Thomas said this cost-effective work will test large areas in the North Orelia project tenements and look to establish potential targets over a large area of the project which has not been subject to any significant historical exploration.