Hammer Metals Ltd Provides Revised Update on South Hope Expansion Hammer Metals Limited

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.

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The company emphasises that visual estimates of 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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