Hammer Metals Limited · ASX:HMX
Hammer Metals — Investor Presentation (March 2020)
25 slides from Hammer Metals's investor presentation, Mar 5, 2020
Slide 1: March Investor Presentation
MARCH INVESTOR PRESENTATION ASX RELEASE Hammer Metals Limited (ASX:HMX) (Hammer or the Company) is pleased to 5 March 2020 attach a March Investor Presentation. DIRECTORS / MANAGEMENT Russell Davis For further information please contact: Non – Executive Chairman Daniel Thomas Mark Whittle Daniel Tho
Slide 2: Exploring Two of the World's Great Mineral Provinces
Exploring Two of the World’s Great Mineral Provinces Investor Presentation March 2020 ASX:HMX
Slide 3: Positioned in Two of the World's Great Metal Provinces
Positioned in Two of the World’s Great Metal Provinces YANDAL GOLD PROVINCE MOUNT ISA PROVINCE 24M Oz of Gold Produced World’s Largest Base Metal Province The Bronzewing South project is located in the heart of the highly Strategic 2100km2 tenement holding in prospective Yandal Belt the largest base
Slide 4: Corporate Snapshot - ASX:HMX
Corporate Snapshot - ASX:HMX CAPITAL STRUCTURE BOARD AND MANAGEMENT WITH A TRACK RECORD OF SUCCESS SHARES ON ISSUE (M)(Undiluted) 558.8 Russell Davis +30 years experience in the industry MARKET CAP (M) (at A$0.02) 11.2 Chairman Geologist with exploration and development experience BSc (Hons) MBA, MA
Slide 5: Bronzewing South Gold Project
Bronzewing South Gold Project Hammer acquired the Bronzewing South Gold Project in May 2019 100% owned, no royalty - 111km2 located immediately south of the Bronzewing gold mine (4Moz1) & north of the Orelia deposit (1.1Moz) • Limited exploration over past decade due to previous legal dispute • Comp
Slide 6: Bronzewing South – Our First Pass
Bronzewing South – Our First Pass Mineralisation, Structure & Geology Bronzewing South’s 5km strike length has multiple high-priority targets highlighted by geochemical, geophysical and structural analysis Multiple steeply plunging orebodies which are elongated in the E-W direction within a N-S targ
Slide 7: Bronzewing South – A New Perspective
Bronzewing South – A New Perspective Multiple untested targets identified from Hammer’s first pass program Updated view of project geology based upon the first phase RC program adding further definition to the geological domains of the area. Multiple RC Targets Focus of exploration has predominantly
Slide 8: North Orelia Trend – Aircore Program with Target Areas
North Orelia Trend – Aircore Program with 4 Target Areas Mineralisation, Structure & Geology HMX Orelia Trend 1 Multiple targets identified in 14km Orelia Trend Orelia Trend is along strike from former Cockburn & Lotus pits (Mt Mclure Operation) now held by Northern Star 2 Resources hosting the 1.1
Slide 9: North Orelia – Successful First Aircore Program
North Orelia –– Successful First Aircore Program Three parallel trends of gold mineralisation defined at Target 1 Shallow intersection of significant mineralisation include: • 14m at 1.80g/t Au from 12m in BWSAC0026, including 3m at 5.57g/t Au from 21m; • 10m at 1.82g/t Au from 9m in BWSA00121, incl
Slide 10: Bronzewing South Gold Project - Ken's Bore
Bronzewing South Gold Project - Ken’s Bore Further untested prospects to be drilled in current Bronzewing South program Located 12km to the south of Bronzewing on the intersection between an anticlinal axis and the Ken’s Bore Granite. Significant gold grades of 22.2g/t, 12.95g/t, 6.09g/t and 7.73g/t
Slide 11: Mt Isa Province
Mt Isa Province 2,100km2 landholding covering a range of early stage greenfield to advanced development study projects High quality IOCG grassroots targets including Overlander, Andy’s Hill, Perentie & the Mt Philip Breccia. Hammer’s Mt Isa tenements are surrounded by existing producing mines and es
Slide 12: Joint Venture with JOGMEC
Joint Venture with JOGMEC JOGMEC to spend up to A$6million to earn 60% interest in JV tenure Field work on JV area commenced in January this year on each of the four joint venture areas (Even Steven, Mount Philp Breccia, Dronfield West and Malbon). The Phase 1 program is designed to collect baseline
Slide 13: Mt Isa: Shadow Prospect
Mt Isa: Shadow Prospect Mt Philip Breccia IOCG Target Adjacent to Mt Philp Hematite Deposit, Outcropping copper oxides and sulphides. Breccia hosted - favourable structural position. Sampling in 2019 indicated mineralisation with maximum individual grades of up to 4.64g/t Au and 27.7% Cu (see
Slide 14: Kalman Deposit: Copper-Gold-Molybdenum-Rhenium
Kalman Deposit: Copper-Gold-Molybdenum-Rhenium 100% HMX owned - 360kt of Copper Equivalent Metal Indicated and Inferred Mineral Resource Estimate of 20Mt @ 0.61% Cu, 0.34g/t Au, 0.14% Mo, 3.7g/t Re. Open pit and underground potential; the deposit remains open at depth and along strike. High-grade mi
Slide 15: Critical Minerals Exploration – Mount Isa
Critical Minerals Exploration – Mount Isa Two Collaborative Exploration Initiative grants from the Queensland Government to advance Hammer’s critical mineral exploration activities 100% funding of two high potential projects within Hammer’s portfolio: 1.) A magnetotelluric survey is proposed to inve
Slide 16: Mt Isa: Greenfield Exploration Profile
Mt Isa: Greenfield Exploration Profile Hammer retains ~1570km2 of 100% owned tenure – Wide ranging targets with significant potential Advanced Exploration Targets Kalman – open at depth and along strike • Increasing grade at depth. Kalman – Repetitions along the Pilgrim Fault • Coincidental soil and
Slide 17: Aggressive Exploration to Deliver News & Milestones
Aggressive Exploration to Deliver News & Milestones Parallel workstreams to provide consistent newsflow Q1-CY2020 21-CY2020 Feb Mar Apr May Jun Bronzewing South (WA) Selective Targeting Orelia Aircore Drilling RC drilling (Orelia and Ken’s Bore) ONGOING Phase 2 Exploration Results Driven Exploration
Slide 18: Contact
Contact Daniel Thomas, Managing Director daniel@hammermetals.com.au Mark Whittle, Chief Operating Officer mark.whittle@hammermetals.com.au Suite 1, 827 Beaufort Street, Mt Lawley, Western Australia 6052 Phone: +61 8 6369 1195 www.hammermetals.com.au
Slide 19: Appendix: Jubilee Deposit: Copper-Gold
Appendix: Jubilee Deposit: Copper-Gold Jubilee is part of the Mt Frosty JV (HMX, 51% and operator) with Mount Isa Mines (MIM, 49%) and is <1km from the Barkly highway & 55km from Mt Isa Maiden Inferred Resource Estimate released in December 2018 of 1.41Mt @ 1.41% Cu & 0.62 g/t Au for 20kt Cu & 28koz
Slide 20: Appendix: Overlander Deposit - Copper-Gold
Appendix: Overlander Deposit - Copper-Gold 100% HMX owned and located 6km west from Hammer’s 100% Kalman project Indicated and Inferred Mineral Resource Estimate of 1.8Mt at 1.2% Cu (0.7% Cu cut-off) Large mineralised system with 6km in strike length Significant copper grades and thickness, includin
Slide 21: Appendix: 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 22: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement Disclaimer It confirms that it is not aware of any new information or data that materially affects the This presentation by its nature contains summarised information. See Hammer’s other information included in those announcements and all material assumptio
Slide 23: 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 24: Overlander and Jubilee Mineral Resource Estimates
Overlander Mineral Resource Estimate Jubilee Mineral Resource The 100%-owned Overlander Project is situated 60 kilometres to the southeast of the mining centre of Mount Isa in North West Queensland and 6 kilometres to the west of Hammer’s Kalman copper-gold-molybdenum-rhenium deposit. It is a high-p
Slide 25: Elaine and Mt Philp Mineral Resource Estimates
Elaine Project Mineral Resource Mt. Philp Mineral Resource Estimate & Notes on Copper Eqv Estimate Calculation and 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