Hamak Strategy Limited · LSE:HAMA
Hamak Strategy — Hamak Gold — Investor Presentation (May 2024)
22 slides from Hamak Strategy's investor presentation, May 2024
Slide 1: High Grade Gold Discovery in Liberia
HIGH GRADE GOLD DISCOVERY IN LIBERIA LSE:HAMA Q2 2024 Private & Confidential
Slide 2: Disclaimer
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES DISCLAIMER This presentation has been prepared by Hamak Gold Ltd (“the Company”). This document does not constitute or form any part of any offer or invitation or other solicitation or recommendation to purchase any securities and contains information de
Slide 3: Introduction
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES INTRODUCTION Large land package (1,116 km2) within the prolific greenstone terrain of West Africa. Located in Liberia, considered one of the most stable, yet underexplored jurisdictions. Strong team with an excellent discovery track record, technical cap
Slide 4: Corporate Snapshot
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES CORPORATE SNAPSHOT Aligned with shareholders, substantial management & board ownership. Major Shareholders Shares Held % Holding Share Capital Amara Kamara 27,878,643 34.39% Share Price (GBX) 1.25p (At 21-05-24) Karl Smithson 7,159,724 8.83% 12 Month pri
Slide 5: Company Strategy
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES COMPANY STRATEGY Our aim is to find Liberia's next multi-million-ounce gold mine. Leveraging our technical capabilities & excellent local network to build a premier land package. Explore rapidly to cost effectively define +1Moz Au resources. Mining Life
Slide 6: Projects Overview
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES PROJECTS OVERVIEW 1,116 KM2 OF GROUND IN PROSPECTIVE GREENSTONE TERRAIN IN PROXIMITY TO MAJOR GOLD PRODUCERS Projects owned 100% by Hamak Gold. Highly prospective for Archean greenstone-hosted orogenic gold deposits. Multi-million-ounce deposits continue
Slide 7: Experienced Management & Board
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES EXPERIENCED MANAGEMENT & BOARD Strong team with excellent discovery track record and technical capability, rooted in the Liberian natural resources sector. Amara KAMARA Karl Smithson Rowan Carr Executive Chairman Executive Director Chief Operations Offic
Slide 8: Underexplored Terrain in a Stable Democracy
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES UNDEREXPLORED TERRAIN IN A STABLE DEMOCRACY Liberia is a politically stable democracy with significant potential for multi- million ounce gold discoveries. • Excellent geological potential for Gold, Diamonds and Iron Ore. • Politically stable democracy s
Slide 9: West African Craton
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES WEST AFRICAN CRATON Numerous multi-million ounce deposits continue to be discovered across the West African Craton, with Liberia being one of the least explored regions. Nimba Gozohn Nimba New Liberty 1.7Moz GOZOHN NIMBA Kokoya 0.7Moz Dugbe 4.2Moz Hamak
Slide 10: Nimba Project Overview
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES NIMBA PROJECT OVERVIEW Project targeting 2nd and 3rd order splays off the deep rooted Cestos shear zone. Nimba project contiguous with Endeavour Mining's licences. Ziatoyah prospect lies 35km SW of Ity gold mine. 5.7km x 1km Ziatoyah prospect defined by
Slide 11: Ziatoyah High-Grade Discovery
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES ZIATOYAH HIGH-GRADE DISCOVERY Gold in soil anomaly covers an area of 5.7km x 1km. 1,450m (16 holes) scout drilling programme completed. Drilling has tested <10% of geochemical anomaly. Mineralisation preferentially hosted in metasediments, including carb
Slide 12: Nimba Project: Discovery Trenching & Drilling
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES NIMBA PROJECT: DISCOVERY TRENCHING & DRILLING Visible gold with sulphides in foliated metasediment Visible gold in core Diamond Drilling Ziatoyah Prospect Channel 11T-02 – Channel taken across artisanal working, Ziatoyah prospect Hamak Gold Corporate Pre
Slide 13: Ziatoyah Prospect Drilling, Nimba Project
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES ZIATOYAH PROSPECT DRILLING, NIMBA PROJECT Detailed work undertaken on drill core to understand structural controls on mineralisation to improve targeting for future drilling programmes. HoleID From(m) To(m) Length(m) Grade (g/t Au) NZ22_001 29.0 49.0 20.
Slide 14: Follow Up Targets, Nimba Project
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES FOLLOW UP TARGETS, NIMBA PROJECT Priority 1 Follow up target – Mt Blah is a 1 5.5km long NE trending quartzite ridge with highly anomalous stream sediment assays, up to 2.2g/t Au, draining off the flanks. Priority 2 Follow up target – Saale is an 2 area
Slide 15: Gozohn Project Overview
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES GOZOHN PROJECT OVERVIEW Project targeting large plunging fold hinge zone of the Mt Koklun antiform. Multiple artisanal workings, two USGS gold occurrences and mapped gold bearing quartz veins across project. 2.0km Koklun prospect defined by gold in soils
Slide 16: Gozohn Project Mt Koklun Prospect
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES GOZOHN PROJECT MT KOKLUN PROSPECT Gold in soil anomaly preferentially located on the western limb and hinge zone of fold. Mineralisation contained within quartz veins and wall rock orientated on potential intersection lineation. Large scale artisanal wor
Slide 17: Gozohn Project
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES GOZOHN PROJECT 3.37 g/t Au 2.56 g/t Au Channel sampling in extensively worked, semi mechanised, gold working - Mt Koklun prospect Gold bearing quartz veins in fold nose, Mt Koklun prospect Hamak Gold Corporate Presentation 16
Slide 18: Development Plan
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES DEVELOPMENT PLAN Route to maiden mineral resource estimate at Nimba. Work Programme 2021 2022 2023 2024 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Licences acquired Desk top targeting Targeted stream sediment sampli
Slide 19: Community Engagement
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES COMMUNITY ENGAGMENT Working closely with the communities in which we operate to lay the foundations of our social licence to operate. Meeting to discuss projects with nearby communities Chairman & senior management team with town principals Hamak Gold Co
Slide 20: Summary Investment Case
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES SUMMARY INVESTMENT CASE Large prospective land package (1,116 km2) adjacent to major gold producers. Excellent gold potential in underexplored terrain in a politically stable and democratic country. The company’s strong management team is aligned with sh
Slide 21: Appendix 1: Mining Code Summary
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES APPENDIX 1: MINING CODE SUMMARY Reconnaissance Exploration Mining Application Fee USD 15,000 See notes* USD 50,000 First Renewal Fee USD 15,000 USD 5,000 Second Renewal Fee N/A See notes** Annual Maintenance Fee USD 0.5 / hectare USD 0.5 / hectare Yr 1:
Slide 22: Contact
OVERVIEW OUR TEAM LIBERIA PROJECTS APPENDICES CONTACT Karl Smithson Executive Director +44 (0) 77 837 07971 k.smithson@hamakgold.com Rowan Carr Chief Operating Officer +231 88 047 5553 r.carr@hamakgold.com Hamak Gold Corporate Presentation 21