Company Overview and News
* Hammer Metals signs term sheet to establish a joint venture with Global Energy Metals Corp. Source text for Eikon: Further company coverage: (Gdynia Newsroom)
Millennium is located close to the regional-scale Pilgrim Fault Zone which also hosts Hammer’s Kalman Copper-Gold-Molybdenum-Rhenium Deposit, 50 kilometres to the south. Hammer drilled a total of 23 new reverse circulation holes at Millennium and extended two previous holes. Highlights include: - 6 metres at 39 g/t silver and 1.63% lead from 50 metres; and - 8 metres at 0.35% cobalt and 0.08% copper from 128 metres (2.
Hammer Metals Ltd (ASX:HMX) is focused on exploring its major land position covering circa 2600 square kilometres in the Mount Isa province of Australia. The region hosts majors such as Glencore and South32. Hammer is now heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare. The halt will remain in place until the opening of trade on Tuesday 2nd August 2016, or earlier if an announcement is made to the market.
Hammer Metals Ltd (ASX:HMX) has been granted a trading halt by the ASX, pending details of a capital raising. The halt will remain in place until the opening of trade on Thursday 7th April 2016, or earlier if an announcement is made to the market.
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