HMX 0.00% 3.4¢ hammer metals limited

Ann: Yandal Gold Project Acquisition, page-14

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  1. 1,378 Posts.
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    Awesome ground - but as others say - a lot of ground now to cover so will be interesting to see whether drilling starts in WA or in QLD and what proportion the exploration budget gets for each project.

    I wonder why they brought in the Carnegie ground into the HMX fold now, could it simply be that they were struggling to meet minimum expenditure commitments on those WA tenements, but wanted to hold onto the ground so vended it into HMX? If the ground is so great then why is it considered under-explored?

    Next step - get some JV partners to farm into their ground and start seriously exploring.
 
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