Metal Hawk Ltd. · ASX:MHK
Metal Hawk — AMEC Investor Briefing 2021
21 slides from Metal Hawk's conference presentation, Mar 30, 2021
Slide 1: AMEC Investor Briefing
AMEC Investor Briefing 30th March 2021 A Western Australian exploration company focused on Gold and Nickel discovery 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: Focused Exploration for Gold and Nickel in WA
FOCUSED EXPLORATION FOR WSA JV GOLD AND NICKEL IN WA Highly prospective projects for gold and nickel sulphide in goldfields and Albany-Fraser regions Focused on early-stage discovery to generate maximum value growth Active exploration and drilling to provide strong news flow Strategic partners
Slide 4: Strategic Partners Secured
STRATEGIC PARTNERS SECURED WSA JV WSA to earn up to 75% on Emu Lake, Kanowna East and Fraser South Projects $7m over 5 years Stage 1: $3m over 3 years for 51% Stage 2: $4m over 2 years for 75% MHK free carried to decision to mine MHK retains gold rights at Emu Lake and Kanowna East WSA
Slide 5: Directors and Management Corporate Snapshot
Directors and Management Corporate Snapshot DIRECTORS CAPITAL STRUCTURE Brett Lambert Non-Executive Chairman MHK Shares on issue 47,247,500 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
Slide 6: Eastern Goldfields Projects
EASTERN GOLDFIELDS PROJECTS Gold exploration programs underway at Kanowna East and Emu Lake +20,000m of aircore (AC) drilled since ASX listing (Nov-2020) Nickel exploration commenced at Blair North and Clinker Hill Western Areas nickel exploration underway 6
Slide 7: Kanowna East Project: Gold and Nickel Targets
Kanowna East Project GOLD AND NICKEL TARGETS 8km from Kanowna Belle gold mine (>6.4 Moz Au) and only 25km from Kalgoorlie 10km south along strike from Silver Swan (historical production of 130kt @ 5.2% Ni) Underexplored Gold and nickel hits from historical shallow drilling WSA Earning-in MHK r
Slide 8: Kanowna East – Gold Maiden Drill Program
Kanowna East – Gold MAIDEN DRILL PROGRAM Western Tiger prospect: Broad zones of gold - 6m @ 1.54g/t Au from 54m mineralisation from wide- - 6m @ 1.19g/t Au from 57m spaced aircore drilling NO DRILLING 268 Aircore holes drilled since Nov 2020 (~17,500m) Lake AC completed March 2021 - assays pen
Slide 9: Kanowna East – Little Lake prospect
Kanowna East – Little Lake prospect PRIORITY GOLD TARGET IDENTIFIED FROM LIONORE NICKEL DRILLING 2005 November 2020 March 2021 7
Slide 10: Forward Plan
Kanowna East - Gold Heritage Survey FORWARD PLAN Apr-May 21 Stage – 2 AC Stage – 2 aircore (8,000m) to commence April 2021 and will Western Tiger focus on priority structural zone north of Little Lake and follow-up targets from Stage-1 drilling Approvals / Heritage survey north Little Lake of West
Slide 11: Kanowna East – Nickel Exploration Commences
Kanowna East – Nickel NICKEL EXPLORATION COMMENCES 12km south and along strike of Poseidon Nickel’s Black Swan / Silver Swan Project 9km strike of prospective high-MgO rocks, seriously underexplored Historical AC intersections: • 21m @ 1.0% Ni (from 8m to EOH) • 23m @ 0.75% Ni (from 16m) 9km • 14
Slide 12: Emu Lake Project: Greenstone-Hosted Exploration Tenure
Emu Lake Project GREENSTONE-HOSTED EXPLORATION TENURE 70km NE of Kalgoorlie 65km2 WSA Earn-in, MHK retains gold rights Underexplored – new auger gold anomalies untested Fertile ultramafic belt - Binti nickel prospect located ~10km SSE, up to 18% Ni in drilling WSA to commence nickel exploration
Slide 13: 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 ELA acquisition <10km from Norseman surrounded by gold deposits Fraser South Project (WSA JV) Large landholding 80km south of Nova-Bollinger, with untested
Slide 14: Viking Gold Project – CHN Earn-in
Viking Gold Project CHN Earn-in Tenement granted to MHK March 2021 Large gold system discovered by AngloGold Ashanti 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 Explorat
Slide 15: Viking Gold Project – Beaker 2 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 16: Viking Gold Project – Beaker 4 Prospect
Viking Gold Project – Beaker 4 Prospect HIGH GRADE GOLD IN SHALLOW DRILLING High-grade gold hosted in quartz- sulphide veining, including: - 7m @ 4.0g/t Au - 4.4m @ 6.6g/t Au - 6m @ 6.0g/t Au - 2.3m @ 5.8g/t Au Extends from near surface to >100m Open along strike and down-plunge 16
Slide 17: Norseman East Project: Opportunity for Discovery
Norseman East Project (MHK 100%) OPPORTUNITY FOR DISCOVERY IN WORLD-CLASS GOLD CAMP ELA ~35km2 5km north of Pantoro’s (ASX: PNR) Gladstone - Everlasting and Daisy gold deposits (current resources >250koz Au) PRIORITY TARGET AREA NO DRILLING No gold exploration since 1990s Targeting mineralisatio
Slide 18: 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 19: Significant Activity and News Flow
Significant Activity and News Flow Project Mar Qtr 21 Jun Qtr 21 Sep Qtr 21 Dec Qtr 21 Kanowna East (Au) Lake AC AC RC RC / AC Kanowna East (Ni) Targeting/ approvals RC drilling / EM Emu Lake (Au) Geochem / Targeting AC AC Emu Lake (Ni) Heritage surveys AC Clinker Hill / Blair North (Ni) MLTEM Targe
Slide 20: Leveraged to Exploration Success
Summary LEVERAGED TO EXPLORATION SUCCESS Prospective Gold and Nickel projects in WA High-level of exploration drilling and news flow Strong partnerships with successful explorers WSA and CHN Up-to $9.75million JV expenditure with MHK free-carried on Nickel JV Well-positioned to make signif
Slide 21: www.metalhawk.com.au
www.metalhawk.com.au