Hammer Metals Limited · ASX:HMX

Hammer Metals — Investor Presentation (November 2019)

23 slides from Hammer Metals's investor presentation, November 2019

  1. Slide 1: Positioned in Two of the World's Great Mineral Provinces

    Positioned in Two of the World’s Great Mineral Provinces Investor Presentation November 2019 ASX:HMX

  2. Slide 2: 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 Au 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 base

  3. Slide 3: Corporate Snapshot - ASX:HMX

    Corporate Snapshot - ASX:HMX CAPITAL STRUCTURE BOARD AND MANAGEMENT WITH A TRACK RECORD OF SUCCESS SHARES ON ISSUE (M)(Undiluted) 439.0 Russell Davis +30 years experience in the industry MARKET CAP (M) (at A$0.022) 9.7 Chairman Geologist with exploration and development experience BSc (Hons) MBA, MA

  4. Slide 4: Bronzewing South Gold Project

    Bronzewing South Gold Project Hammer completed the acquisition of the Bronzewing South Gold Project in May 2019 100% owned 111km2 area located immediately south of the Bronzewing gold mine & north of the Orelia deposit • Bronzewing mineralised corridor extends over 5km in strike length within E36/85

  5. Slide 5: Bronzewing South Gold Project

    Bronzewing South Gold Project Bronzewing South covers 5km strike length of the structural corridor south of the Bronzewing Mine Bronzewing South Looking North over Bronzewing Mine www.hammermetals.com.au 5

  6. Slide 6: Bronzewing South Gold Project: Mineralisation, Structure & Geology

    Bronzewing South Gold Project Mineralisation, Structure & Geology Bronzewing South’s 5km strike length has multiple high-priority targets highlighted by geochemistry, geophysics and structural analysis Comprised of multiple steeply plunging orebodies which are elongated in the E- W direction within

  7. Slide 7: North Orelia Trend – Aircore Program with Target Areas

    North Orelia Trend – Aircore Program with 4 Target Areas Mineralisation, Structure & Geology HMX Orelia Trend 1 Multiple targets identified in 14km Orelia Trend Orelia Trend is along strike from former Cockburn & Lotus pits (Mt Mclure Operation) now held by Echo Resource's 2 hosting the 1.1Moz Au Or

  8. Slide 8: North Orelia – First Results Released

    North Orelia –– First Results Released Significant Shallow Gold Mineralisation Identified in First Phase of Drilling * Three parallel trends of gold mineralisation defined at target 1 The western most trend identified sits outside of historical regional aircore drilling and remains open along strike

  9. Slide 9: Mt Isa Province

    Mt Isa Province 2,100km2 landholding covering a range of early stage greenfield to advanced development study projects High quality IOCG grassroots targets including Overlander, Andy’s Hill, Perentie & the Mt Philip Breccia The Mt Isa Province is one of the most significant IOCG provinces in the wor

  10. Slide 10: 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 mine

  11. Slide 11: Jubilee Deposit: Copper-Gold

    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 Au Excell

  12. Slide 12: Mt Isa: Greenfield Exploration Profile

    Mt Isa: Greenfield Exploration Profile High Priority Greenfield Targets Mount Philp Breccia IOCG Target: Copper-Gold • Massive +20km2 breccia complex with extensive alteration, brecciation and intrusive activity that has never been assessed for IOCG mineralisation • Rock chip samples of up to 16% Cu

  13. Slide 13: Mt Isa: New Greenfields Target – Shadow

    Mt Isa: New Greenfields Target – Shadow Mt Philip Breccia IOCG: ▪ Adjacent to Mt Philp Hematite Deposit ▪ Outcropping copper oxides and sulphides ▪ Breccia hosted ▪ Favourable structural position www.hammermetals.com.au 13

  14. Slide 14: Aggressive Exploration to Deliver News & Milestones

    Aggressive Exploration to Deliver News & Milestones Parallel workstreams to provide consistent newsflow Q4-CY2019 Q1-CY2020 Nov Dec Jan Feb Mar Bronzewing South (WA) Selective Targeting Orelia Aircore Drilling RC & Diamond Drilling (Bronzewing and Orelia) ONGOING Ken’s Bore Targeting and Selected Dr

  15. Slide 15: Contact

    Contact Daniel Thomas, Managing Director daniel@hammermetals.com.au Mark Whittle, Chief Operating Officer mark.whittle@hammermetals.com.au Suite 1, 827 Beaufort Street, Mt Lawley, Western Australia 6052 Phone: +61 8 6369 1195 www.hammermetals.com.au

  16. Slide 16: Appendix: Mt Isa Asset Portfolio

    Appendix: Mt Isa Asset Portfolio GRASSROOTS ADVANCED EXPLORATION RESOURCE DEFINITION DEVELOPMENT STUDIES Mt Philp Prince Overlander Mt Philp Overlander Koppany Elaine North & Kalman Breccia of Wales IOCG Fe South Even Black Lake Sold to GEMC (TSX- 51% HMX & Pindora Millennium Listed Company) for Jub

  17. Slide 17: Appendix: Bronzewing South Gold Project - Ken's Bore

    Appendix: Bronzewing South Gold Project - Ken’s Bore Further untested prospects to consider in next stages of Bronzewing South programs Located 12km to the south of Bronzewing on the intersection between an anticlinal axis and the Ken’s Bore Granite Significant gold grades of 22.2g/t, 12.95g/t, 6.09

  18. Slide 18: 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

  19. Slide 19: 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

  20. Slide 20: Disclaimer and Competent Persons Statement

    Disclaimer and Competent Persons Statement Disclaimer It confirms that it is not aware of any new information or data that materially affects the This presentation by its nature contains summarised information. See Hammer’s other information included in those announcements and all material assumptio

  21. Slide 21: 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 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

  22. Slide 22: 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

  23. Slide 23: Elaine Project and Mt. Philp Mineral Resource Estimates

    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

Hammer Metals — Investor Presentation (November 2019) on 6ix