Uncategorized
Hammer Metals releases Kalman resource update
Hammer Metals (HMX.AX) has released an updated resource estimate on its flagship Kalman copper-gold-molybdenum project in the Mt Isa region in Queensland,…
Hammer Metals (HMX.AX) has released an updated resource estimate on its flagship Kalman copper-gold-molybdenum project in the Mt Isa region in Queensland, Australia.
The updated resource estimate now contains just over 39 million tonnes with an average grade of 0.53% copper, 0.27 g/t gold, 0.10% molybdenum, 1.5 g/t silver and some rhenium as a by-product credit. The average copper-equivalent grade is 1.07%. About 71% of the total resource would be amenable for open pit mining (the potential open pit contains just under 28 million tonnes at an average grade of 0.89% CuEq and within the total resource, there is a higher grade zone of approximately 10.5 million tonnes at an average grade of 1.98% CuEq (including 0.83% copper).
The increased tonnage means the project now hosts about 208,000 tonnes of copper (in excess of 450 million pounds) with approximately 343,000 ounces of gold and 38,000 tonnes of molybdenum (approximately 85 million pounds, so we shouldn’t ignore the moly potential here).
Disclosure: The author has no position in Hammer Metals. Please read our disclaimer.
Copper Road intersects broad zones of visible copper mineralization at its namesake project in Ontario – Richard Mills
2023.09.23
Copper Road Resources Inc. (TSXV: CRD) is encountering promising geology at its Copper Road project in Batchewana Bay, Ontario.
The recently…
Junior Is Making Lithium Pivot in Quebec
Source: Streetwise Reports 09/22/2023
Fabled Copper Corp. announced the results of its first-phase sampling program at its OHM lithium property…
3 EV Stocks to Turn $50,000 to $1 Million by 2030
Investing in EV stocks offers investors the opportunity to benefit from the world’s green energy transition. The automotive sector will play a significant…
-
Companies16 hours agoMax discovers new copper-silver target at CESAR – Richard Mills
-
Uncategorized16 hours agoCopper Road intersects broad zones of visible copper mineralization at its namesake project in Ontario – Richard Mills
-
Precious Metals19 hours agoTime to Load up on Gold and Silver
-
Financing News17 hours ago1844 Announces a Non-Brokered Private Placement of Flow-Through Units, Extends the Previously Announced Private Placement of $2,000,000 and Provides Update Regarding Option Agreement
-
Energy & Critical Metals23 hours agoAn Improved FedEx Can Deliver A New High: This Is Why
-
Economics19 hours agoUAW Strike Eventual Agreement Could Carry Inflationary Implications
-
Economics17 hours agoWhy Did Bill Gates Make Sudden U-Turn On Climate Doom Narrative?
-
Energy & Critical Metals13 hours agoLies, Damn Lies, And The Sierra Club
