DGAP-News
Deutsche Rohstoff AG: Hammer Metals announces further results of current drilling campaign
DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous
Deutsche Rohstoff AG: Hammer Metals announces further results of
current drilling campaign
05.06.2015 / 12:00
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Deutsche Rohstoff AG: Hammer Metals announces further results of current
drilling campaign
Heidelberg. The Australian company Hammer Metals Limited ("HMX"), 17.3%
owned by Deutsche Rohstoff, published further results of its current
exploration campaign on their license area within the Mount Isa region in
Queensland/Australia.
The present drilling data reveal an outstanding image for the
Overlander-North area. Sections of various drillings show a mineralization
of 1.3% copper over 75 meters and 0.54% copper over 97 meters. The
mineralization style indicates an attractive IOCG mineralization.
In addition, further data has been published for another drill hole within
the Overlander-Central area. The drill hole was aiming to confirm a known
mineralization, which extends over several kilometers within the area and
is outcropping at surface. The hole showed a copper grade of 0.31% over 71
meters. Both the width and the grade have also previously been verified by
two other holes with similar results. The holes returned 0.34% copper over
116 meters and 0.31% copper over 110 meters. The current results further
support the assumption of a large and continuously mineralized copper
deposit.
The drill holes within the license areas Hammertime and Andy's Hill also
provided good results. The Hammertime target was drilled for the first time
and next to other results showed an interception of 216 meters length with
elevated metal contents, which can be interpreted as an indication for a
nearby ore body. Within both license areas, the present results indicate an
extensive IOCG mineralization, which can form large copper-cold deposits.
Jörg Reichert, CTO of Deutsche Rohstoff, commented: "We are very satisfied
with the now fully available data of the current drilling campaign. They
form the basis for future planning. In particular, the license area
Overlander has shown exceptionally good drilling results. Overlander could
be the target for intensive exploration in the near future."
A detailed version of this press release can be found on
www.hammermetals.com.au.
Heidelberg, 5 June 2015
Deutsche Rohstoff (Heidelberg, Germany), listed in the Entry Standard
segment of Frankfurt Stock Exchange, is establishing a new primary
producer. The company's focus is placed on oil & gas and so called high
tech metals such as tin, tungsten, and rare earth metals. All projects are
located in political stable countries with high environmental standards.
The business concept is based on redeveloping deposits, which have been
well explored in the past. For more information please visit
www.rohstoff.de.
Contact:
Deutsche Rohstoff AG
Dr. Thomas Gutschlag
Tel. +49 6221 871 000
info@rohstoff.de
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05.06.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Deutsche Rohstoff AG
Friedrich-Ebert-Anlage 24
69117 Heidelberg
Germany
Phone: 06221-87100-11
Fax: 06221-87100-22
E-mail: gutschlag@rohstoff.de
Internet: www.rohstoff.de
ISIN: DE000A0XYG76, DE000A1R07G4,
WKN: A0XYG7, A1R07G
Indices: Entry Standard (Performance TOP 30)
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
365715 05.06.2015
Deutsche Rohstoff AG: Hammer Metals announces further results of current
drilling campaign
Heidelberg. The Australian company Hammer Metals Limited ("HMX"), 17.3%
owned by Deutsche Rohstoff, published further results of its current
exploration campaign on their license area within the Mount Isa region in
Queensland/Australia.
The present drilling data reveal an outstanding image for the
Overlander-North area. Sections of various drillings show a mineralization
of 1.3% copper over 75 meters and 0.54% copper over 97 meters. The
mineralization style indicates an attractive IOCG mineralization.
In addition, further data has been published for another drill hole within
the Overlander-Central area. The drill hole was aiming to confirm a known
mineralization, which extends over several kilometers within the area and
is outcropping at surface. The hole showed a copper grade of 0.31% over 71
meters. Both the width and the grade have also previously been verified by
two other holes with similar results. The holes returned 0.34% copper over
116 meters and 0.31% copper over 110 meters. The current results further
support the assumption of a large and continuously mineralized copper
deposit.
The drill holes within the license areas Hammertime and Andy's Hill also
provided good results. The Hammertime target was drilled for the first time
and next to other results showed an interception of 216 meters length with
elevated metal contents, which can be interpreted as an indication for a
nearby ore body. Within both license areas, the present results indicate an
extensive IOCG mineralization, which can form large copper-cold deposits.
Jörg Reichert, CTO of Deutsche Rohstoff, commented: "We are very satisfied
with the now fully available data of the current drilling campaign. They
form the basis for future planning. In particular, the license area
Overlander has shown exceptionally good drilling results. Overlander could
be the target for intensive exploration in the near future."
A detailed version of this press release can be found on
www.hammermetals.com.au.
Heidelberg, 5 June 2015
Deutsche Rohstoff (Heidelberg, Germany), listed in the Entry Standard
segment of Frankfurt Stock Exchange, is establishing a new primary
producer. The company's focus is placed on oil & gas and so called high
tech metals such as tin, tungsten, and rare earth metals. All projects are
located in political stable countries with high environmental standards.
The business concept is based on redeveloping deposits, which have been
well explored in the past. For more information please visit
www.rohstoff.de.
Contact:
Deutsche Rohstoff AG
Dr. Thomas Gutschlag
Tel. +49 6221 871 000
info@rohstoff.de
---------------------------------------------------------------------
05.06.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Deutsche Rohstoff AG
Friedrich-Ebert-Anlage 24
69117 Heidelberg
Germany
Phone: 06221-87100-11
Fax: 06221-87100-22
E-mail: gutschlag@rohstoff.de
Internet: www.rohstoff.de
ISIN: DE000A0XYG76, DE000A1R07G4,
WKN: A0XYG7, A1R07G
Indices: Entry Standard (Performance TOP 30)
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of News DGAP News-Service
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365715 05.06.2015
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