Hammer Metals Limited · ASX:HMX
Hammer Metals — Investor Presentation (November 2022)
24 slides from Hammer Metals's investor presentation, Nov 2, 2022
Slide 1: Positioned for Growth & Success
Positioned for Growth & Success Copper-gold exploration in the world-class Mt Isa district, North Queensland Dan Thomas, Managing Director Mines and Money at IMARC 2-4 November 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
Corporate Snapshot | ASX:HMX 820M $52M $3.6M Shares on issue Market Cap Cash ASX: HMX At $0.064 (1 Nov 2022) As at 30 September 2022 Board and management with a track record of success 21 M Russell Davis +30 years resources experience $48M Unlisted Options Nil Chairman Geologist with exploration and
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 Copp
Slide 6: Kalman – Our cornerstone asset – 100% HMX
Kalman – Our cornerstone asset – 100% HMX 100% HMX - 360kt of Copper Equivalent Metal In ground value of JORC 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 explorati
Slide 7: Kalman Cu/Au/Mo/Re Deposit
Kalman Cu/Au/Mo/Re Deposit Kalman Resource Extension Drilling New drilling has intercepted 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 8: Kalman Ore Sorting and Studies
Kalman Ore Sorting and Studies Encouraging ore sorting test work indicates Kalman ore amenable to upgrade Trial test work using a Kalman deposit bulk sample has shown that ~80% of ore can be recovered with a ~40-45% reduction in mass processed. Specifically: Copper Grade increase of 28% (0.71% t
Slide 9: Mount Hope Region
Mount Hope Region Two strong open Induced Polarisation (IP) anomalies Hammer’s tenure on the Mount Hope trend extends over an area approximately 7km long by 1.7km wide and encompasses the former workings at Mount Hope South and South Hope. Rock chip sampling has returned assays of up to 6.2% cop
Slide 10: South Hope
South Hope 25 metres at 1.92% Copper intersected in initial drilling at South Hope from 79m in HMHSRC001* Broad zone of copper-bearing sulphides intersected in initial Reverse Circulation (RC) drilling at the South Hope prospect. Routine initial analysis by portable XRF has been completed on- si
Slide 11: Ajax – High Grade Cu-Au
Ajax – High Grade Cu-Au Significant prospective sulphide horizon identified with high grade copper intercepts Situated along the highly-prospective Trafalgar-to-Elaine trend (13km), with numerous Cu/Au prospects. Best drilling at Ajax returned an intercept of: 11m at 5% Cu and 2.5g/t Au from 24m
Slide 12: 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 a
Slide 13: 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
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 – South Hope, Mount Hope IP, The Stubby, Mascotte, Mascotte Junction, Lord Nelson and Kalman Lakeview JORC resource. Hardw
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 Program partnered with World success in one of Australia’s most Equivalent Metal High Potential Tar
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: 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 18: 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 19: 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 20: 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 21: Kalman Resource Estimate & Notes on Copper Equivalence Calculation and Metallurgical Recoveries
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 22: 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 23: 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 24: Notes
Notes www.hammermetals.com.au 24 www.hammermetals.com.au 24
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