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Hammer Metals granted halt pending details on exploration work
(MENAFN- ProactiveInvestors)
Hammer Metals (ASX:HMX) has been granted a trading halt by the Australian Stock Exchange today with the company's shares placed in pre-open.
HMX requested the halt pending an announcement regarding the results of exploration work being carried out at its Mt Isa Projects.
The company recently outlined that a new reverse circulation drilling program for 1500 metres was set to commence in mid-October to test several of its copper and gold targets.
The program is to explore for further high grade copper and gold mineralisation within close trucking proximity of Hammer’s Kalman deposit.
The halt will last until the opening of trade on Thursday 20th November 2014 or earlier if an announcement is made to the market.
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