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Transaction Announcement Reports
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RSC News | ✓ | ✓ | ✓ |
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Project: | Bronzewing South | |
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Deposit: | Bronzewing South | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 10/2/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 2-10-2019: Hammer Metals Ltd. announces an Exploration/Drilling Update report for its Bronzewing South deposit at the Bronzewing South project. Drilling results incl. 10m @ 1.97g/t Au from 129m. Following the acquisition of the Bronzewing South gold proje | |
Resources: | x | |
CP/QP: | [Overall Report]: Mark Whittle (Internal) | |
ABSTRACT: | 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. Assay results have now been received for the first phase of Hammer’s RC drilling program. The 14 hole, 2,743m program tested five of these targets on mineralised trends south of Echo Resources’ (ASX: EAR) Bronzewing gold project which produced approximately 2.3Moz from surface and underground mining. 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. Screen fire assays are currently underway to quantify gold grain size distribution. | |
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