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Hammer Metals Ltd Provides Revised Update on South Hope Expansion — ASX:HMX| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$HMX
Hammer Metals Ltd Provides Revised Update on South Hope Expansion
Hammer Metals Ltd (ASX: HMX), a leading mining company, has issued an addendum to its previous ASX announcement regarding the expansion of the South Hope project. In an effort to clarify the information provided, Hammer has removed a visual observation from the announcement and emphasised the importance of laboratory analyses for accurate metal concentrations and grades.
The previous ASX announcement, titled "SOUTH HOPE CONTINUES TO EXPAND WITH 15 METRES AT 3.47% COPPER," highlighted the significant copper findings at South Hope. However, Hammer inserted a photo on the eighth page, labeled "Figure 7 Chalcocite associated with Brecciated calcite veins (top) and bladed carbonate veins associated with the Mascotte Fault," showing outcropping gossans at Mascotte.
Hammer now clarifies that investors should not rely solely on the visual observation provided in Figure 7. As a result, the photo has been removed from the announcement to avoid any misconceptions. The company emphasises that visual estimates of
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sulphide mineral abundance should not be considered a substitute for laboratory analyses, which provide accurate metal concentrations and serve as the primary economic indicator.
This revised announcement emphasises Hammer's commitment to providing accurate and reliable information to investors. The company recognises the importance of laboratory analyses in assessing metal concentrations and grades, ensuring the validity of economic interests.
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L
Lykeshares
145d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
145d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
176d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
459 Views
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
336 Views
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
316 Views
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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