This is an extract from the Market-open Article yesterday
Yandal and Mount Isa Copper
“ The Yandal Project sits in the centre of its namesake belt, a highly prospective stretch home to more than 24 million ounces of gold deposits which has largely been the exploration focus to date.
But its location is also just 40 kilometres from a world-class lithium project at Kathleen Valley, and an extensive soil geochemistry survey early last year returned multiple anomalous responses begging for further investigation, and Hammer now has an extensive field to explore on top of a freshly discovered Tapenade prospect.
And the real prize for Hammer looks to be at Mt Isa, where the explorer holds five copper-gold JORC resources for over 500kt of copper equivalent and a range of prospects with high IOCG potential.
Three of its Mt Isa targets have delivered strikes thicker than 50 metres and exceeding 1 per cent copper, and Hammer is one of the players looking to potentially take the now-vacant throne of Mt Isa production.”
IMO HMX has so many potential upside possibilities and at .05c with 500kt of copper equivalent JORC (and growing) surely it must be one of the best small cap value plays on the ASX. -JMT not financial advice- DYOR.
Good luck to all holders.
Cheers Aussie
- Forums
- ASX - By Stock
- HMX
- Ann: Extensive LCT Pegmatite Field at Yandal Project
Ann: Extensive LCT Pegmatite Field at Yandal Project, page-3
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
0.001(2.50%) |
Mkt cap ! $36.34M |
Open | High | Low | Value | Volume |
4.0¢ | 4.1¢ | 3.7¢ | $36.56K | 908.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 141605 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 302000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 141605 | 0.037 |
1 | 100000 | 0.036 |
6 | 1012683 | 0.035 |
5 | 825000 | 0.034 |
2 | 37000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 302000 | 3 |
0.041 | 100000 | 1 |
0.042 | 253686 | 2 |
0.043 | 242000 | 3 |
0.044 | 540000 | 2 |
Last trade - 11.59am 15/10/2024 (20 minute delay) ? |
Featured News
HMX (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online