Hammer Metals Ltd (ASX: HMX) has reported promising results from its maiden Phase 1 RC drilling programme at the Bronzewing South gold project in the Yandal Belt region of Western Australia.
The 14 hole, 2,743m programme tested five targets on mineralised trends south of the 2.3Moz Bronzewing deposit. Significant intersections included:
Hammer’s chairman Russell Davis said the results of the company’s maiden drill campaign at Bronzewing South were encouraging.
“The wide-spaced drilling has intercepted significant gold mineralisation in most of the holes drilled and has provided useful information on the structure, geology and deportment of the gold mineralisation at the project and will guide further drilling.
“We are looking forward to commencing RC and aircore drilling programmes in the near future along both the Bronzewing South and Orelia trends and at the new Ken’s Bore target.”
Following the acquisition of the Bronzewing South gold project in May 2019, Hammer has generated multiple drilling targets based on the interpretation of the new IP and gravity data, geological and structural information as well as results from previous drilling.
Mr Davis said Hammer’s drilling encountered strong shear fabric development, quartz veining, carbonate alteration and sulphides associated with multiple gold intercepts. At Bronzewing, these features are important in indicating proximity to mineralisation.
Planning is underway for a second programme at Bronzewing South to test a further five drill targets, to be carried out in conjunction with the upcoming 15,000 metre aircore program planned over the Orelia trend.
The Mt McClure Deposit Group, consisting of Lotus, Cockburn, Success and Parmelia deposits were mined between 1992 and 2010. The Lotus pit which is closest to the Hammer Metals project area produced 0.4Moz during this period. Echo Resources has defined a 1.07Moz resource at Orelia, located beneath the Cockburn and Lotus Pits.
Hammer’s tenements cover the prospective structural trends adjacent to the north of the Lotus Pit for 14km. These trends were initially drilled by Australian Resources Limited between 1987 and 1997 with minor follow- up by Newmont between 2003 and 2005. An examination of this drilling has confirmed that many of the historical holes were too shallow to be effective, or if effective, the mineralised intercepts have not been adequately followed-up.
Hammer has secured a drill rig for an initial 15,000m aircore program to be conducted across four targets located on three of the mineralised trends. Drilling is scheduled to commence in mid-October.