Hammer Metals Ltd
Hammer Metals Limited is an Australia-based company, which is involved in mineral exploration in Western Australia and Queensland.
The business
Hammer Metals Limited is an Australia-based company, which is involved in mineral exploration in Western Australia and Queensland. The Company’s projects include Bronzewing South Au/Li/Ni Project and Mount Isa Projects. The Company holds a 100% interest in the Bronzewing South Gold Project located adjacent to the 2.3 million-ounce Bronzewing gold deposit in the highly prospective Yandal Belt of Western Australia. It also has a 51% interest in the Jubilee (Cu-Au) deposit. It also holds a strategic tenement position covering approximately 2,800 square kilometers (km2) within the Mount Isa mining district, with 100% interest in the Kalman (Cu-Au-Mo-Re) deposit, the Overlander North and Overlander South (Cu-Co) deposits, the Lakeview (Cu-Au) deposit and the Elaine (Cu-Au) deposit. It is an active mineral explorer, focused on discovering large copper-gold deposits of Ernest Henry style and has a range of prospective targets at various stages of testing.
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Latest news

Austral Resources to Proceed with Proposed Hammer Metals Takeover after Larvotto Withdrawal
Austral Resources moves to acquire Hammer Metals for $80.7m after Larvotto withdraws; Hammer valued at 0.087/sh, 31.1% stake in enlarged group.

Austral Resources Australia Submits Binding Hammer Metals Bid after Superior Proposal Finding
Austral Resources submits binding $80.7m proposal to acquire Hammer Metals via a scheme, offering 1.2903 AR1 per HMX and ~31.1% of the merged group.

Austral Resources Expands Northwest Queensland Copper Footprint with Bid for Hammer Metals
Austral Resources bids $80.8m to buy Hammer Metals, premium to Larvotto, expanding Mt Isa copper footprint and potential spin-off of WA gold assets.

Hammer Metals Reports Favourable Alteration and Drill Results at Bullrush and Isa Valley
Hammer Metals reports promising Bullrush copper drill results and favourable alteration; Isa Valley zinc intercepts boost prospectivity as 2026 plans advance.
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