Hammer Metals Limited · ASX:HMX
Hammer Metals — Noosa Mining Investor Conference 2022
25 slides from Hammer Metals's conference presentation, Jul 22, 2022
Slide 1: Positioned for Growth & Success
Positioned for Growth & Success Copper-gold exploration in the world-class Mt Isa district, North Queensland Noosa Mining Investor Conference Dan Thomas, Managing Director 20-22 July 2022 ASX: HMX @HammerMetals www.hammermetals.com.au 1
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement The announcement of this presentation on the ASX platform has been authorized by Daniel Thomas, It confirms that it is not aware of any new information or data that materially affects the information included Managing Director, Hammer Metals Limited in thos
Slide 3: Exploring two of the world’s great metal provinces
Exploring two of the world’s great metal provinces MOUNT ISA PROVINCE One of the world’s 1 4 largest base metals provinces Quality copper and gold exploration Team that has made world portfolio class mineral discoveries MT ISA 2 5 YANDAL GOLD PROJECT Building copper inventory: Dominant position in M
Slide 4: Corporate Snapshot | ASX:HMX
Corporate Snapshot | ASX:HMX 815M $41M $6.4M Shares on issue Market Cap Cash ASX: HMX At $0.050 (18 Jul 2022) As at 31 Mar 2022 Board and management with a track record of success 28.4 M Russell Davis +30 years resources experience $34M Unlisted Options Nil Chairman Geologist with exploration and de
Slide 5: Mt Isa Projects
Mt Isa Projects Queensland Hammer is committed to increasing its inventory of >400,000 tonnes of copper equivalent metal* ▪ Dual-track strategy to become a copper developer: ➢ Discover additional copper and gold inventory near existing JORC Resources ➢ Explore standalone large-scale Iron Oxide Coppe
Slide 6: Northern Minerals Hub
Northern Minerals Hub High-impact exploration underway along under-explored copper trend with multiple undrilled exploration targets ▪ Building a critical mass of copper-gold resources within a 20km radius of Trafalgar ▪ Existing JORC Mineral Resources at Kalman (100% HMX), Elaine (100% HMX), Overla
Slide 7: Ajax – High Grade Cu-Au
Ajax – High Grade Cu-Au Significant prospective sulphide horizon identified with first drill-hole intersecting high-grade copper ▪ Situated along the highly-prospective Trafalgar-to-Elaine trend (13km), which is littered with copper-gold prospects ▪ Best drilling at Ajax returned an intercept of: ➢
Slide 8: Mount Isa East Joint Venture (MIE JV)
Mount Isa East Joint Venture (MIE JV) Sumitomo Metal Mining is earning a 60% interest in the JV areas ▪ Collaborative approach – generating high-potential targets ▪ JV has focused on exploring targets along the Trafalgar trend ▪ 16 holes drilled along Trafalgar trend with all intersecting copper and
Slide 9: MIE JV – Pearl Prospect
MIE JV – Pearl Prospect Pearl prospect is located on the Trafalgar-to-Jubilee trend, approximately 2km south of Ajax East and on the same magnetic ridge which typifies this trend. ▪ Numerous artisanal copper workings and shafts on five structures located along 800m of strike length ▪ Fixed-Loop EM s
Slide 10: IP Surveys Unlocking New Targets
IP Surveys Unlocking New Targets IP survey along Trafalgar trend and towards Pearl is delivering new targets ▪ Significant IP program is underway along the Trafalgar trend with a 2D dipole-dipole Induced Polarisation survey in progress ▪ The survey is planned to consist of 17 lines and, to date, nin
Slide 11: Mount Hope
Mount Hope • Hammer’s Two strong opentenure onPolarisation Induced the Mount (IP) Hope trend extends over an area approximately 5.5km anomalies long by 1.7km wide and encompasses the former workings at Mount Hope South and ▪ South Hope. Hammer’s tenure on the Mount Hope trend extends over an area •
Slide 12: Kalman – Our cornerstone asset – 100% HMX
Kalman – Our cornerstone asset – 100% HMX 100% HMX - 360kt of Copper Equivalent Metal ▪ In-ground value of JORC Mineral Resources based on current metal prices in excess of A$6 billion ▪ Indicated and Inferred Mineral Resource Estimate of 20Mt @ 0.61% Cu, 0.34g/t Au, 0.14% Mo, 3.7g/t Re ▪ Recent exp
Slide 13: Kalman Cu/Au/Mo/Re Deposit Extension Drilling
Kalman Cu/Au/Mo/Re Deposit Kalman Resource Extension Drilling New drilling has intersected shallow Cu/Au/Mo/Re mineralisation to the north of the existing JORC Resource at Kalman ➢ 50m*at 0.63% Cu, 0.01% Mo, 0.49g/t Au, 0.53g/t Ag, and 0.08g/t Re (0.79% CuEq†) from 20m in K-144, including: ▪ 16m* at
Slide 14: Upcoming Activities
Upcoming Activities What’s next? Multiple exploration programs progressing across Hammer’s 100%-owned and JV interests Hammer’s 100%-owned Mount Isa activities ▪ RC Drilling – Ajax East, Kalman extensions, Kalman exploration and others ▪ Results from IP surveys at Kalman, Overlander and Hammertime ▪
Slide 15: Hammer Metals: Positioned for Growth and Success
Hammer Metals: Positioned for Growth and Success 1 2 3 4 JORC Equivalent Resources in 5km RC Drilling High-Impact Exploration Committed to replicating past excess of 400kt of Copper Program Commencing at Program Partnered with World success in one of Australia’s most Equivalent Metal High-Potential
Slide 16: Contact
Contact Daniel Thomas, Managing Director daniel@hammermetals.com.au ASX:HMX @HammerMetals 28-30 Mayfair Street West Perth WA 6005 Phone: +61 8 6369 1195 www.hammermetals.com.au www.hammermetals.com.au 16
Slide 17: Elaine Deposit - Copper-Gold
Appendix Elaine Deposit - Copper-Gold 100% HMX owned and located 5km east from Hammer’s 51% controlled Jubilee project Inferred Mineral Resource Estimate of 9.3Mt @ 0.82% Cu & 0.19g/t Au Drilling has identified broad copper mineralisation, highlighted by up to 206m @ 0.53% Cu & 159m @ 0.50% Cu from
Slide 18: Neptune: Multiple Targets/Multiple Historical Workings
Appendix Neptune: Multiple Targets/Multiple Historical Workings IOCG target 2km west of Trafalgar| 100% HMX ▪ Three holes drilled at Lady Rose intersected copper and gold mineralisation. Significant Hammer intercepts include: ➢ 100m at 0.48% Cu and 0.18g/t Au from 173m1 ➢ 66m at 0.32% Cu and 0.07g/t
Slide 19: Yandal Gold Projects
Yandal Gold Projects Western Australia Highly prospective, underexplored land package in the heart of the Yandal ▪ 260km2 tenement position in the highly prospective Yandal Gold Belt. ▪ Proximal to existing multi-million-ounce resources including the 4Moz Bronzewing1 gold mine & 1.1Moz Orelia gold d
Slide 20: Bronzewing South – A New Perspective
Bronzewing South – A New Perspective Yandal Gold Project Lightly explored, adjacent to world-class orebody ▪ 5km strike length has multiple high-priority targets highlighted by geochemical, geophysical and structural analysis ▪ Limited exploration exceeding 100m depth across the property (29 RC/DD h
Slide 21: North Orelia - Successful drilling to date
North Orelia - Successful drilling to date Yandal Gold Project Mineralisation over a 2km strike length within multiple structures ▪ Drilling at Orelia North Target 1 provided prospective shallow gold results including1: ▪ 8m at 4.2g/t Au from 20m in BWSRC0025 including: ➢ 1m at 27.1g/t Au from 26m ▪
Slide 22: Kalman Resource Estimate & Notes on Copper Equivalence Calculation
Kalman Resource Estimate & Notes on Copper Equivalence Calculation and Metallurgical Recoveries The Kalman Mineral Resource Estimate was updated in August 2016 in accordance with the JORC Code (2012 Edition). (Refer to the ASX Release dated 27th September 2016 for full details of the Resource Estima
Slide 23: Overlander Mineral Resource Estimate Jubilee Mineral Resource Estimate
Overlander Mineral Resource Estimate Jubilee Mineral Resource Estimate The 100%-owned Overlander Project is situated 60 kilometres to the southeast of the mining centre of Mount Isa in North West The 51%-owned Jubilee Deposit is situated 50 kilometres west of Mount Isa in North West Queensland and 6
Slide 24: Elaine Project Mineral Resource Estimate Mt. Philp Mineral Resource Estimate
Elaine Project Mineral Resource Estimate & Notes Mt. Philp Mineral Resource Estimate Copper Eqv Calculation & Metallurgical Recoveries The 100%-owned Elaine Cu-Au deposit is situated on granted exploration licence 14022, approximately 50km east of Mount The Mineral Resource Estimate is based on 48 d
Slide 25: Notes
Notes www.hammermetals.com.au 25 www.hammermetals.com.au 25
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