Encouraging Gold Intersects At Bronzewing South Target
Hammer Metals Ltd (ASX:HMX) has received encouraging assay results from an early RC hole at the Bronzewing South prospect as part of the company’s drilling programme at its Yandal properties in Western Australia.
The RC hole was drilled(178m), returning an encouraging gold intercept of 20m at 1.5g/t Au from 120m; including; 8m at 2.4g/t Au from 120m; and 4m at 3.9g/t Aufrom 120m.
The Reverse Circulation (RC) programme is progressing well and has now completed the highest priority targets at North Orelia, whilst also completing the required drilling at Bronzewing South.
A total of 2,983m of RC drilling has been completed across 26 holes. The RC program is continuing with an additional two holes being drilled at North Orelia Target 1 and two holes yet to be drilled at Ken’s Bore.
A Diamond Drilling (DD) programme has now also commenced at Bronzewing South, drilling two gravity low targets where the holes are already established through an RC precollar. Both programmes are anticipated to be completed by the end of the month with final assays likely to be received during December.
Managing Director, Daniel Thomas, said the successful RC test of the Bronzewing South prospect upgrades several gold targets across the project area
“The promising gold result from the early stages of the Bronzewing South drilling program is encouraging for the remainder of the programme,” Mr Thomas said.
“The gravity targets being tested in the current diamond drilling programme is the culmination of a number of detailed geological reviews of the project.
“As well as testing these quality targets, the program will give Hammer further insight into the underlying geological structures on the property.
“The early gold result from the single RC drill hole validate several of Hammer’s targets on the property and will require follow up drilling, likely early in the new year.
“The first batch of gold assays from the RC drilling at North Orelia have shown some impressive grades over relatively narrow widths.
“With drill spacing still relatively sparse and with open gold intercepts, we have added two additional holes to the program to test extensions of this higher-grade section of the 2km gold mineralisation trend.
“Further interpretation of the results, underlying geology and detailed geochemistry will be required to determine next steps for this target.”
The priority at Bronzewing South for the current program is diamond drill testing two deeper gravity low targets. During the completion of the RC pre-collars, an additional area of interest was tested with a single RC drill hole.
The RC hole encountered a broad low-grade mineralised envelope of 96m at 0.39g/t Au from 48m. Peak gold grades are associated with quartz veined pyritic mafic units with an elevated magnetic response.
Intercepts of interest were: 20m at 1.5g/t Au from 120m in drill hole BWSRC0037, including: 8m at 2.4g/t Au from 120m; including: 4m at 3.9g/t Au from 120m; and 4m at 2.1g/t Au from 136m.
The hole was drilled vertically to test possible low angle mineralised zones between existing Hammer Metals reverse circulation holes BWSRC004 (8m @ 1.36g/t Au from 199m); and BWSRC011 (5m at 1.91g/t Au from 147m).
