M&A

Hammer attracts JOGMEC to Mt Isa

NEW Hammer Metals MD Daniel Thomas has signed off on a farm-out deal over ground in the Mt Isa district with Japan Oil, Gas and Metals National Corp, with JOGMEC able to earn 60% by spending A$6 million over the next four years.

 Hammer ground in Mt Isa region, Qld

Hammer ground in Mt Isa region, Qld

Thomas, whose work history prior to his appointment at Hammer last month included a stint at Mitsui E&P Australia, believes a large tonnage IOCG deposit ala Ernest Henry is potentially on the cards with...

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