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Hammer Metals Ltd.

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Summary

Project:

Bronzewing South

Deposit:North Orelia
Location:Australia
Commodities:Gold
Date:4/22/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:22-4-2020: Hammer Metals Ltd. announces an Exploration/Drilling Update report for its North Orelia deposit at the Bronzewing South project. Drilling results incl. 8m @ 2.0g/t Au from 24m. Hammer Metals Ltd (ASX HMX) (“Hammer” or the “Company”) is pleased
Resources:x
CP/QP:[Overall Report]: Mark Whittle (Internal)
ABSTRACT:Hammer Metals Ltd (ASX HMX) (“Hammer” or the “Company”) is pleased to provide further results from an extensional air core drilling program undertaken to the south of Target 1. These results confirm further zones of promising shallow gold mineralisation that remain open in all directions and build on the previous air core program at Orelia reported to the ASX on 23 December 2019. Shallow mineralisation has now been identified at various points over a 2km strike length at Target 1. Gold results have been reported from the first 152 holes (5,743m) of a planned 10,000m air core program at Orelia and Bronzewing. This drilling was testing anomalous zones at Targets 1, 4 and 6, all located on trends coinciding with the Mt McClure Deposit Group. Drilling at Target 4 remains incomplete with encouraging results being observed as broad spaced drill lines approach areas closest to the Orelia and Lotus gold deposits. The best result comes from our southernmost drilling with 32m at 0.15g/t Au from 32m including 4m at 0.88g/t Au from 32m in BWSAC0388. A detailed gravity survey on areas within the Bronzewing South tenement has also been completed with preliminary results undergoing further processing and interpretation.

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