Metal Hawk Ltd. · ASX:MHK
Metal Hawk — Investor Presentation (September 2021)
20 slides from Metal Hawk's investor presentation, Sep 16, 2021
Slide 1: The Commodore Nickel Sulphide Discovery
Investor Presentation 16 September 2021 THE COMMODORE NICKEL SULPHIDE DISCOVERY BEREHAVEN NICKEL PROJECT ASX : MHK
Slide 2: Disclaimer
Disclaimer Confidential This investor presentation (Presentation) is strictly confidential and is intended for the exclusive benefit of the person to which it is presented. It may not be reproduced, distributed or passed on, directly or indirectly, to any other person or published, in whole or in pa
Slide 3: Nickel and Gold in Western Australia
NICKEL AND GOLD IN WSA JV WESTERN AUSTRALIA ASX listing in November 2020 Focused on early-stage discovery to generate maximum value growth for shareholders Quality portfolio of gold and nickel exploration projects Up-to $9.75 million JV expenditure across multiple projects Earn-In and JV A
Slide 4: Company Profile
COMPANY PROFILE DIRECTORS CAPITAL STRUCTURE Brett Lambert Non-Executive Chairman MHK Shares on issue 47,447,500 Mining Engineer +30 years experience. Current chairman of MCR and STN Will Belbin Managing Director Options on issue* 17,925,000 Exploration Geologist +20 years experience in WA nickel and
Slide 5: Berehaven Nickel Project – The Commodore Discovery
BEREHAVEN NICKEL PROJECT – THE COMMODORE DISCOVERY New komatiite-hosted MASSIVE NICKEL SULPHIDE greenfields discovery 20km from Kalgoorlie MHK recently consolidated tenure* covers over 90km2 Tremendous further discovery upside with limited historical nickel exploration on MHK tenure *MHK signe
Slide 6: The Commodore Nickel Discovery – 9th September 2021
THE COMMODORE NICKEL DISCOVERY – 9th September 2021 Massive nickel sulphide intersected in 2nd hole of maiden RC program at 144m Basal contact of high MgO ultramafic rocks Extremely weathered and gossanous zone directly above Ni sulphides Mineralisation style consistent with Kambalda EOH Air
Slide 7: The Commodore Nickel Discovery – BVNC002
THE COMMODORE NICKEL DISCOVERY – BVNC002 7
Slide 8: The Berehaven Project – Regional
THE BEREHAVEN PROJECT – REGIONAL Blair deposit produced 1.26Mt @ 2.62% Ni for 32,900 tonnes of contained nickel Several nickel sulphide occurrences near the Blair deposit but limited historical Ni exploration to the north Commodore Nickel Discovery MHK tenure predominantly held previously by g
Slide 9: The Commodore Nickel Discovery – A New Geology Model
THE COMMODORE STRATEGIC PARTNERS SECURED NICKEL DISCOVERY - A NEW GEOLOGY MODEL Pre-existing geological interpretation did not identify presence of ultramafic rocks Multiple untested NNW trending target zones over 10km of strike identified for drill-testing and surface EM (electromagnetics) Ai
Slide 10: Forward Plans at Berehaven
FORWARD PLANS AT BEREHAVEN DHEM imminent (all 3 holes) Assay results – early Oct Diamond drilling – from Oct 21 Follow-up DHEM / Diamond Drilling Geophysics: - Aeromagnetics and interpretation - Regional MLTEM (moving loop electromagnetic surveys) Extensive regional AC drilling: - Q4 202
Slide 11: Leveraged to Exploration Success
LEVERAGED TO EXPLORATION SUCCESS WA's most recent exciting MASSIVE NICKEL SULPHIDE DISCOVERY Prospective Gold and Nickel projects in WA High-level of active exploration across multiple projects Earn-In and JV agreements with successful explorers WSA and CHN Up-to $9.75million JV expenditure wit
Slide 12: Appendix – Other Projects
APPENDIX – OTHER PROJECTS
Slide 13: Eastern Goldfields Projects
EASTERN GOLDFIELDS PROJECTS Active programs on multiple projects for nickel and gold +40,000m of aircore (AC) drilled since ASX listing (Nov-2020) WSA commenced Nickel exploration 12,000m AC drilling program underway at Emu Lake (Ni, Au) MHK maiden RC drilling completed at Kanowna East (Au
Slide 14: Kanowna East – Nickel (WSA JV)
Kanowna East – Nickel (WSA JV) UNDEREXPLORED ULTRAMAFICS 12km south and along strike of Poseidon Nickel’s Black Swan / Silver Swan Project 9km strike of prospective high-MgO rocks Historical AC intersections: • 21m @ 1.0% Ni (from 8m to EOH) • 23m @ 0.75% Ni (from 16m) 9km • 14m @ 0.62% Ni (from
Slide 15: Kanowna East – Gold (MHK 100%)
Kanowna East – Gold (MHK 100%) NEW GOLD TARGETS IDENTIFIED Western Tiger prospect: Broad zones of gold - 8m @ 4.53g/t Au from 75m mineralisation at the Little - - 6m @ 1.54g/t Au from 54m 6m @ 1.19g/t Au from 57m Lake and Western Tiger Prospects 408 AC holes (~25,000m) drilled since Nov 2020 Lit
Slide 16: Norseman and Albany-Fraser Projects
Norseman and Albany - Fraser Projects Viking Gold Project (CHN Earn-In) High-grade gold system 30km ESE of Norseman Norseman East Project Located <10km from Norseman surrounded by gold deposits Fraser South Project (WSA JV) Large landholding 80km south of Nova-Bollinger, with untested CHN Earn
Slide 17: Norseman Gold Projects
Norseman Gold Projects VIKING GOLD PROJECT Large gold system discovered in 2011 Advanced prospects identified, with only shallow drilling to date CHN to fund aggressive exploration and may earn a 70% interest by spending $2.75m over 4.5years NORSEMAN EAST PROJECT Underexplored tenure adjacent to
Slide 18: Viking Gold Project – Beaker Prospect
Viking Gold Project – Beaker 2 Prospect EXTENSIVE ZONE OF HIGH GRADE SUPERGENE GOLD - 6m @ 64.0g/t Au from 50m - 4m @ 15.4g/t Au from 40m BEDROCK UNTESTED - 3m @ 15.3 g/t Au from 28m - 11m @ 3.1g/t Au from 14m - 3m @ 8.2 g/t Au from 40m 15
Slide 19: Fraser South Project
Fraser South Project CONSOLIDATED TENURE IN ALBANY-FRASER 40km strike of N-S trending metamorphic rocks under cover Belt-scale prospectivity Unexplored for Ni-Cu sulphides The “Hawk Eye” feature - similar to that at Nova, visible in aeromagnetics WSA Earning-In Fraser South Project WSA to mana
Slide 20: www.metalhawk.com.au
www.metalhawk.com.au