Japan Oil, Gas and Metals National Corporation to verify stake in Hammer Metals, Mount Isa copper-gold venture

Japan Oil, Gas and Metals National Corporation (JOGMEC) is seeking Hammer Metals (ASX: HMX) over its Mount Isa copper-gold venture in Queensland after consenting to burn through $6 million on an investigation to secure a 60% premium. Under the understanding, JOGMEC can procure a 60% stake in 290 square kilometers of the 2,200sq km venture by burning through $6 million by 31 March 2024.This will give JOGMEC access to the task's Even Steven,....