HMX 2.63% 3.9¢ hammer metals limited

Ann: South Hope Drilling Yields 34m at 2.5% Cu and 0.5g/t Au, page-18

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  1. 5,034 Posts.
    lightbulb Created with Sketch. 4048
    Yep - grade is even higher in HMMARC009 but still pretty skinny intersection compared to the earlier hole along strike (HMMARC008).

    https://hotcopper.com.au/data/attachments/5792/5792522-d87fa95c275f9efc6732dc5db98c0c5a.jpg
    Does not change the thrust of the release that Hope South results were encouraging but Mt Mascotte and Mascotte West drilling downgraded those prospects a bit. At Mt Mascotte it looks like some sort of structure has offset or changed the orientation, thickness and grade of the mineralisation between holes 008 and 009. Not a total loss though - they might come back to it after a bit of a think about the geology and try some additional holes if they think its totally inexplicable or there is a reasonable explanation that can be drill tested, just not as high priority as before.....



 
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