Hammer Metals Ltd (ASX:HMX) has confirmed multiple trends of shallow gold mineralisation over a 2km length from its latest aircore drilling (AC) programme at Target 1 at the North Orelia Project in WA.
Managing Director, Daniel Thomas said the results have provided the company with multiple compelling RC drilling targets at North Orelia.
The completed AC campaign of 174 holes for 9,942m, up from a planned 8,000m, tested anomalous zones at Targets 1 and 4, both located on trends coinciding with the Mt McClure Deposits.
Hammer is now expediting its plans for a RC drilling programme at Target 1, which is expected to commence in early September.
All of the elements for a successful gold discovery are starting to align at Target 1 at North Orelia,” Mr Thomas said.
“The target sits along a highly prospective trend of historical gold producing mines and we’ve managed to produce a number of highly anomalous mineralised gold intercepts at shallow depths along an extended trend of this prospective area.
“This all points to a promising reverse circulation program to be completed over the next quarter.
“The ongoing support of our shareholders and the option holders who have converted their options to shares allows us to be more aggressive with our plans for the Yandal region with a number of exciting prospects to be drilled in the second half of this year.
“In addition to the RC drilling program at Target 1, we will drill test the Ken’s bore target where historical high grade gold samples have been identified at surface sited above an electromagnetic anomaly, whilst also embarking on our first diamond drill program at the sparsely tested Bronzewing South property”.
