Slide 1: A New Era for Bronzewing Exploration
A New Era for Bronzewing Exploration Investor Presentation August 2020 ASX:HMX
Slide 2: Highlights
Highlights 1 4 Quality gold and copper Team responsible for world exploration portfolio class gold discoveries in WA 2 5 Highly refined, advanced Adjacent to world class mines stage drill targets in WA and QLD 3 6 Near term newsflow with Fully funded for all 2020 current Qld drilling and exploration
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 2,100km2 tenement holding in prospective Yandal Belt the largest bas
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) 595 Russell Davis +30 years experience in the industry MARKET CAP (M) (at 06/08/2020 A$0.046) 27.4 Chairman Geologist with exploration and development experience BSc (Hon
Slide 5: Bronzewing South Gold Project
Bronzewing South Gold Project Hammer acquired the Bronzewing South Gold Project in May 2019 100% owned, no royalty - 260km2 located immediately south of the Bronzewing gold mine (4Moz1), north of the Orelia deposit (1.1Moz), and on trend and proximal to Northern Star’s Julius (335 koz) and Ramone de
Slide 6: North Orelia – Prospective Structural Trends
North Orelia – Prospective Structural Trends Mineralisation, Structure & Geology HMX Multiple targets identified in 14km Orelia Trend Orelia Trend Orelia Trend is along strike from former Cockburn & Lotus pits (Mt Mclure Operation) now held by Northern Star hosting the 1.1Moz Au Orelia Resource Lotu
Slide 7: North Orelia – Successful Drilling to Date
North Orelia –– Successful Drilling to Date Bronzewing Mine Discovery drill hole showed 0.3g/t Au in a depleted zone with intercepts of 4m 1.8g/t Au from 48m and 12m @ 1.1g/t Au from 72m Refer ASX Announcement 3 August 2020 Target 1 - Gold mineralisation intersections and trends on magnetic imagery
Slide 8: Bronzewing South
Bronzewing South Hammer’s First Pass 2019 Drilling Program Bronzewing South Property’s 5km strike length has multiple high-priority targets highlighted by geochemical, geophysical and structural analysis Limited exploration at a depth of >100m has occurred (23 RC/DD holes) Hammer’s program focussed
Slide 9: Bronzewing South – A New Perspective
Bronzewing South – A New Perspective Multiple untested targets identified from the 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 Previous exploration has focused predominantly on the Eastern Sh
Slide 10: Ken’s Bore
Ken’s Bore Compelling Target to be drilled in upcoming RC program Ken’s Bore is located 12km to the south of Bronzewing. Significant gold values in rock chips of 22.2g/t, 12.9g/t, 6.1g/t and 7.7g/t have been returned from this area (Refer to ASX announcement dated 2 October 2019). A review of open f
Slide 11: Bronzewing South Gold Project What's Next in 2020
Bronzewing South Gold Project What's Next in 2020 Further untested prospects to be drilled in ongoing Bronzewing 2 South program across Orelia North, Bronzewing South and Ken’s Bore 1 AC Program - COMPLETE 1 ▪ Recently completed program was designed to infill and further test the extent of mineralis
Slide 12: Mt Isa Province
Mt Isa Province 2,100km2 landholding covering a range of greenfield to advanced development study projects High quality IOCG targets including Overlander, Andy’s Hill, Perentie & the Mt Philip Breccia. Hammer’s Mt Isa tenements are surrounded by existing Tier One producing mines and established infr
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 Mapping indicates surface mineralisation is associated with a multiphase magnetite-altered breccia which has a marginal zone of silica-magnetite alteration The current
Slide 14: Mt Isa: Toby Prospect
Mt Isa: Toby Prospect Compelling Target – Coincidental EM, VTEM and Rock Chip Anomalies Located close to the intersection of the Ballara, Kalman West and Pilgrim Faults, a zone of major structural complexity on the eastern margin of the Mt Philp Breccia and west of the Pilgrim Fault Historical recon
Slide 15: 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 min
Slide 16: Mt Isa: What's Next in 2020
Mt Isa: What's Next in 2020 2 Exploration programs have commenced across Hammer’s Mt 2 Isa portfolio 1 JOGMEC Joint Venture: Phase 2 – FIRST RESULTS PENDING ▪ Initial diamond drilling phase completed, primarily testing the Shadow 1 1 and Toby prospects, with assays pending ▪ Follow up RC drilling an
Slide 17: Aggressive Exploration to Deliver News & Milestones
Aggressive Exploration to Deliver News & Milestones Parallel workstreams to provide consistent newsflow Q3-CY2020 Q4-CY2020 Jul Aug Sep Oct Nov Dec Bronzewing South (WA) Selective Targeting Orelia AC Drilling RC drilling (Orelia and Ken’s Bore) EIS diamond drilling (Bronzewing South) Ongoing, result
Slide 18: Contact
Contact Daniel Thomas, Managing Director daniel@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: Joint Venture with JOGMEC
Appendix: 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 was designed to collec
Slide 20: Appendix: Critical Minerals Exploration – Mount Isa
Appendix: 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 has been c
Slide 21: 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 22: 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 23: 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 24: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement The announcement of this presentation to the ASX platform has been authorized by It confirms that it is not aware of any new information or data that materially affects the Daniel Thomas, Managing Director, Hammer Metals Limited information included in thos
Slide 25: Kalman Resource Estimate & Notes on Copper Equivalence Calculation and Metallurgical Recoveries
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 26: Overlander Mineral Resource Estimate Jubilee Mineral Resource Estimate
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 27: Elaine Project Mineral Resource Estimate Mt. Philp Mineral Resource Estimate
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