Hammer Metals (ASX: HMX) has commenced drilling on the recently optioned Mining Lease at the Lady Jenny copper-gold prospect, located within Hammer’s Mount Isa Project in north-west Queensland.
The company has embarked on a multi-pronged copper, gold and molybdenum drilling program across key prospect areas within its Mt Isa Project, with other advanced prospects at Tourist Zone South and Kalman South-East also to be tested in the coming weeks.
Managing Director, Daniel Thomas, said Hammer has expedited its initial review of the Lady Jenny Mining leases focusing on building the company’s understanding of mineralisation controls. With previous activities focusing on oxide mining, the team has been busy mapping pit walls, identifying mineralised structures and developing targets both within the areas of known mineralisation and along strike.
“We’re looking forward to our first drilling programme at Lady Jenny. The original Mining Lease was previously owned by the same owner of the Mount Hope deposits and as we’ve seen, these previous operations have focused on the near-surface oxide mineralisation and silica flux and have often not effectively tested the deeper copper sulphide targets,” Mr Thomas said.
“The Hammer team has now spent a couple of weeks improving our geological understanding of the system and developing deeper structural targets within the mineralised system.
“Our initial drill tests will aim to confirm this understanding before assessing the targets at depth and along strike. The expected news-flow from Lady Jenny, in conjunction with exciting prospects at Kalman South-east and Tourist Zone South, will provide a solid pipeline of drill results through until Christmas and early in the New Year.”
