Hammer Metals Limited · ASX:HMX
Hammer Metals — Blue Ocean Equities Eastern Seaboard Precious and Base Metals Conference 2026
22 slides from Hammer Metals's conference presentation, Feb 3, 2026
Slide 1: Copper & Gold Resources with Strong Development Potential & Exploration Upside
Copper & Gold Resources with Strong Development Potential & Exploration Upside Dan Thomas, Managing Director Blue Ocean Equities Eastern Seaboard Precious and Base Metals Conference 3 February 2026 ASX: HMX www.hammermetals.com.au 1
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
Slide 3: Undeveloped Copper and Gold Deposits in two of the world's great metal provinces
UNDEVELOPED COPPER and GOLD DEPOSITS in two of the world’s great metal provinces YANDAL GOLD MOUNT ISA COPPER/GOLD 24Moz of gold produced One of the world’s largest base metal provinces Copper and gold inventories 54koz shallow gold resource >530kt of copper-equivalent at Orelia North* YANDAL GOLD M
Slide 4: Corporate Snapshot | ASX:HMX
893M $35.7M $3.5M Corporate Snapshot | ASX:HMX Shares on issue ASX: HMX Market Cap At $0.04 (2 Feb 2026) Cash As at 31 Dec 2025 Board and management with a track record of success $32.2M 24.5 M Unlisted Options Nil Enterprise Value Av. Ex Price $0.069; brings in Debt additional ~$1.7m Russell Davis
Slide 5: Mount Isa Copper-Gold Project
Mount Isa Copper-Gold Project Multiple Deposits + Significant Exploration Potential Current project-wide Resource inventory of >530,000 tonnes of copper equivalent metal*, with outstanding upside Kalman ready for advancement to become one of Queensland’s leading critical minerals development proje
Slide 6: Kalman – Our Cornerstone Asset (100% HMX)
Kalman – Our Cornerstone Asset (100% HMX) Updated JORC Resource: 420kt of Cu Equivalent Metal Indicated and Inferred MRE1 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% (27.7Mt at 0.90% CuEq Rec) - lower cost development focus of subs
Slide 7: Molybdenum 101
Molybdenum 101 Unique physical properties with an ability to withstand high temperatures and pressures – making it ideal as an alloy additive. Wide range of stainless-steel applications - turbines (wind, nuclear and gas), steel strengthening, in EV’s and solar panels. Traditional uses include
Slide 8: Rhenium – Growing Importance – Growing Demand
Rhenium – Growing Importance – Growing Demand One of the world’s rarest elements (although not a Rare Earth Element). Major applications include aerospace and defence industries. Within aerospace industry, rhenium is used a coating alloy in jet turbine engines. Recent demand increase driven
Slide 9: Four JV's – Global Mining Partnerships
Four JV’s– Global Mining Partnerships Hammer entered four new joint ventures in 2024, expanding its exploration capacity and maximising the opportunity for success www.hammermetals.com.au 9
Slide 10: Yandal Gold Project
Yandal Gold Project Western Australia Highly prospective, under-explored land package in the heart of the highly prospective Yandal Gold Belt ~760km2 tenement position Proximal to existing multi-million-ounce resources including the 3Moz Bronzewing1 gold mine & 1.1Moz Orelia gold deposits Maid
Slide 11: North Orelia – Shallow Gold Deposit
North Orelia – Shallow Gold Deposit Yandal Gold Project H M Mineralisation outlined over a 2km strike X length within multiple structures Orelia Drilling at Orelia North Target 1 returned prospective Trend shallow gold results including1: Lotus Pit 8m at 4.2g/t Au from 20m in BWSRC0025 including
Slide 12: Bronzewing South – New Target Corridor Emerges
Bronzewing South – New Target Corridor Emerges Lightly explored, adjacent to world-class orebody Boundary Eastern Zone Great Central Mines intersected 2m at 20.8g/t Au in 1995, <40m from the tenement boundary This intercept is situated below a zone of transported cover No drilling completed ov
Slide 13: 2026 – The Year Ahead
2026 – The Year Ahead With significant commodity price tail winds, established resources are set for advancement…… 1 MOUNT ISA COPPER GOLD AND CRITICAL MINERALS Drilling for resource inventory growth at Kalman, Trafalgar, Lady Jenny, Revenue, Yellowstone - targeting 100kt copper eq Mining studie
Slide 14: Upcoming News and Catalysts
Upcoming News and Catalysts 1 2 3 4 Awaiting results from JV’s at New Drilling Programs targeting Copper and gold resources Operating in two provinces with Bullrush (SMMO) and Isa Valley copper and gold mineralised advancing to studies consolidation opportunities (S32) systems (Kalman and Orelia Nor
Slide 15: Contact
Contact Daniel Thomas, Managing Director daniel@hammermetals.com.au ASX:HMX @HammerMetals L2, 41 Colin Street West Perth WA 6005 Phone: +61 8 6369 1195 www.hammermetals.com.au www.hammermetals.com.au 15
Slide 16: Bronzewing South – "Follow The Gold"
Bronzewing South – “Follow The Gold” Central Mineralised Zone: ~ 1,700m south of 3Moz Bronzewing Mine Hammer’s programs at BW South in 2019 focussed on historical air-core results and promising structural positions. The results from these first programs included: 20m at 1.5g/t Au from 120m in dr
Slide 17: Eastern Boundary Zone
Eastern Boundary Zone Lightly explored, adjacent to world-class orebody Boundary Eastern Zone Several instances of fine-grained gold mineralisation logged in the diamond tail of drill-hole hole BWSRCD081 from 416.8m down-hole Four zones of gold mineralisation including visible gold zone returnin
Slide 18: Bronzewing South
Bronzewing South 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 holes) Recent diamo
Slide 19: 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 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
Slide 20: Overlander Mineral Resource Estimate / Jubilee Mineral Resource Estimate
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
Slide 21: Elaine Project Mineral Resource Estimate / Mt Philp Mineral Resource Estimate
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
Slide 22: Lakeview Mineral Resource / Orelia North Resource
Lakeview Mineral Resource Orelia North Resource The 100%-owned Lakeview Deposit is situated within EPM26775, approximately 50 kilometres The Orelia North deposit lies within E36/869, which is held by Carnegie Exploration Pty Ltd, a 100%- west of Mount Isa in North West Queensland. owned subsidiary o
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