Hammer Metals Limited · ASX:HMX

Hammer Metals — Blue Ocean Equities NSW and QLD Mining Day February 2024

26 slides from Hammer Metals's conference presentation, February 2024

  1. Slide 1: Growth and Discovery in Copper, Critical Minerals & Gold

    Growth and Discovery in Copper, Critical Minerals & Gold  Large CuEq resource base in North Queensland  Significant exploration upside, high-impact drill programs imminent Dan Thomas, Managing Director Blue Ocean Equities NSW and QLD Mining Day February 2024 ASX: HMX www.hammermetals.com.au 1

  2. 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

  3. 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 Dominant position in Mount Isa – one of Team that has made world Australia’s most prospective copper class mineral discoveries provinces (~3,000sqkm) 2 5 YANDAL GOLD MOUNT ISA B

  4. Slide 4: Corporate Snapshot

    886M $29M $1.8M* Corporate Snapshot | ASX:HMX Shares on issue ASX: HMX Market Cap At $0.033 (1 Feb 2024) Cash * As at 31 Dec 2023 Board and management with a track record of success $27M 23.1 M Unlisted Options Nil Enterprise Value Av. Ex Price $0.07; brings in Debt additional $1.5m 12M Perf. Rights

  5. Slide 5: Copper Hits Delivered in 2023

    Copper Hits Delivered in 2023 In 2023, Hammer has delivered a 40% increase in mineral inventory at Kalman and three new prospects with intersections of >50m at >1% Cu KALMAN MASCOTTE  89m at 1.74% CuEq (0.40% Cu and 0.18g/t Au, 0.14% Mo and 2.9g/t Re)  53m at 1.55% Cu and 0.52g/t Au from 77m in fr

  6. Slide 6: Mount Isa Projects

    Mount Isa Projects Queensland Hammer is committed to increasing its inventory of >530,000 tonnes of copper equivalent metal*  Dual-track strategy to become a copper developer:  Discover additional copper and gold near existing JORC Resources  Explore for standalone large-scale Iron Oxide Copper G

  7. Slide 7: Kalman – Our cornerstone asset – 100% HMX

    Kalman – Our cornerstone asset – 100% HMX Updated JORC Resource Delivered -420kt of Cu Equivalent Metal  Indicated and Inferred Mineral Resource Estimate1 of 39Mt @ 0.53% Cu, 0.27g/t Au, 0.10% Mo, 2.1g/t Re (39Mt at 1.1% CuEq Rec)  Open pit material represents 71% of the MRE (27.7Mt at 0.90% Cu Eq

  8. Slide 8: Kalman – A Critical Minerals Development Opportunity

    Kalman – A Critical Minerals Development Opportunity Molybdenum was added to Australia’s list of critical minerals list in December 2023.  Kalman is one of two significant Molybdenum dominant projects in Australia. Merlin is located just 85km from Kalman  Uses and applications for Molybdenum inclu

  9. Slide 9: Exploration Priorities for 2024

    Exploration Priorities for 2024 Hardway South Hope Region • Explore for sulphide system at depth with diamond drilling • Expand deposits at South Hope and Mascotte • Expand existing footprint to define JORC resource • Review VTEM and IP anomalies generated in 2023 • Investigate monetisation options

  10. Slide 10: Hardway – Cu REE Discovery

    Hardway – Cu REE Discovery Located just 1km north of the Barkly Highway between Mount Isa and Cloncurry  57m at 1.0% copper from surface in HMHWRC012, including: 10m at 2.87% Cu, 0.11g/t Au and 0.09% Total Rare Earth and Yttrium Oxides (TREYO) from 25m  47m at 1% Cu from 14m in HMHWRC017;  43m at

  11. Slide 11: Bullrush

    Magnetite alteration Bullrush HMX modelled targets EPM25866 Zones peripheral to Wimberu intrusive Malbon Prospect HMX of Interest Project Area Tier 1 Target – Large-Scale IOCG System  Located on the edge of a large intrusive body which has Magnetite alteration EPM25866 Zones within Wimberu been suc

  12. Slide 12: Mount Hope

    Mount Hope Multiple targets in a region delivering high-grade copper intercepts – new drilling commencing early August  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  Four hig

  13. Slide 13: Yandal Project – Gold and Lithium

    Yandal Project – Gold and Lithium Western Australia Highly prospective, underexplored land package in the heart of the highly prospective Yandal Gold Belt  260km2 tenement position.  Proximal to existing multi-million-ounce resources including the 4Moz Bronzewing1 gold mine & 1.1Moz Orelia gold de

  14. Slide 14: Yandal – Lithium/Gold Drilling Imminent

    Yandal – Lithium/Gold Drilling Imminent Highly encouraging early-stage lithium exploration results 40km east of the world-class Kathleen Valley Lithium- Tantalum Project  Over 100 pegmatites have been mapped with individual pegmatite lengths of up to 600m and 20m in width.  The pegmatite swarm cov

  15. Slide 15: North Orelia – Shallow Gold Prospect

    North Orelia – Shallow Gold Prospect 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  5m at

  16. Slide 16: Hammer Metals: Positioned for Growth and Success

    Hammer Metals: Positioned for Growth and Success 1 2 3 4 JORC Equivalent Resources in High impact exploration Committed to replicating past excess of >530kt* of Copper Multiple high-grade Cu/Au targets program partnered with world- success in one of Australia’s most Equivalent Metal with Resource wi

  17. Slide 17: 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 17

  18. Slide 18: Mount Mascotte

    Mount Mascotte Historical Workings from early 1900’s – never drilled.  Drilling intercepted a broad zone of mineralisation, likely indicating a south- plunging shoot, with the drill hole terminating in mineralisation. Significant intercepts of:  53m at 1.55% Cu and 0.52g/t Au from 77m in HMMARC008

  19. Slide 19: South Hope

    South Hope 25 metres at 2.41% Cu and 0.47g/t Au from 79m in HMHSRC001* - the first hole at South Hope  Follow-up drilling has confirmed additional zones of high-grade copper mineralisation, including:  56m* at 1.12% Cu and 0.2g/t Au from 18m , in HMHSRC007, including:  15m* at 3.47% Cu and 0.7g/t

  20. Slide 20: Kalman Cu/Au/Mo/Re Deposit

    Kalman Resource Kalman Cu/Au/Mo/Re Deposit Extension Drilling New drilling has confirmed Cu/Au/Mo/Re mineralisation to the north of the existing JORC Resource at Kalman  89m at 0.40% Cu and 0.18g/t Au, 0.14% Mo and 2.9g/t Re (1.74% CuEq) from 143m in K-153*;  including 24m at 0.44% Cu, 0.29g/t Au,

  21. Slide 21: 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

  22. Slide 22: 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

  23. 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 May 2023 in accordance with the JORC Code (2012 Edition). (Refer to the ASX Release dated 8th May 2023 for full details of the Resource Estimate.) The c

  24. Slide 24: Overlander and Jubilee Mineral Resource Estimates

    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

  25. Slide 25: Elaine Project and Mt Philp Mineral Resource Estimates

    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 di

  26. Slide 26: Lakeview Mineral Resource

    Lakeview Mineral Resource The 100%-owned Lakeview Deposit is situated within EPM26775, approximately 50 kilometres west of Mount Isa in North West Queensland. The Lakeview Deposit occurs within the Mary Kathleen Fold Belt of the Eastern Succession of the Mount Isa Inlier. The deposit is hosted by th

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