HMX 0.00% 3.9¢ hammer metals limited

4.48% Au and >96oz Ag rock chip. The Tick Hill Deposit, which...

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    4.48% Au and >96oz Ag rock chip. The Tick Hill Deposit, which produced 513,000 ounces at an average grade of 22.5g/t, is hosted in a similar
    geological setting as Kalman West.

    Nice one!!! It thought they had made a mistake, 4.48% gold and silver >96oz/t. The photo shows they did not.

    https://hotcopper.com.au/data/attachments/3398/3398239-f82bcb9ee2f7e48d58e53fba9e6e59e6.jpg


    Some large intersections of Cu at the Neptune mines/Lady Rose. IOCG system and potential to build to a JORC resource with further drilling and geophysics. Wide intersections are a great start. We know there are high grade lenses from the previous drilling.

    Kings & Charlotte have some high grade narrow veins. More work required to determine if there are wider zones or repeated vein systems.

    All up a good announcement and I am really pleased that some focus on the gold potential is occurring. HMX have some great gold anomalies at Hammertime South, Kalman West and just north of Tick Hill where HMX results are better than the original Tick Hill discovery results.
 
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