Hammer Metals Limited · ASX:HMX
Hammer Metals — Investor Presentation (October 2018)
26 slides from Hammer Metals's investor presentation, October 2018
Slide 1: Investor Presentation October 2018
Hammer Metals Limited ABN. 87 095 092 158 Investor Presentation October 2018
Slide 2: Who is Hammer Metals?
Hammer Metals Limited (HMX) Who is Hammer Metals? • Mount Isa Mineral Province focused exploration with a large (3000km2) tenement holding • Targeting: copper + gold + (molybdenum and cobalt) • Principal target is a Tier 1 copper-gold deposit • Experienced and capable team of explorationists inclu
Slide 3: Directors and Management
Hammer Metals Limited (HMX) Directors and Management Geologist with +30 years’ of exploration Russell Davis and development experience. Previously Exploration Director and NED of Gold Road Chairman Resources Limited and MD of Syndicated BSc (Hons) MBA MAusIMM, AICD Metals Limited and a founding Dire
Slide 4: Mount Isa Tenement Holding Overview
Hammer’sIsa Mount Mount Isa Tenement Project Holding Overview Hammer has a major land position (3000km2) located in the Mount Isa Mineral Province – It is one of the world’s most significant iron oxide copper- gold (IOCG) provinces and is Australia’s largest lead, zinc and silver producer; hosting a
Slide 5: Hammer's Mount Isa Resource Inventory
Hammer’s Mount Hammer’s Isa Resource Mount Inventory Inventory Isa Resource Hammer holds JORC Resources containing copper, gold, cobalt, molybdenum, rhenium & iron + Prospects with significant untested potential for REE’s, graphite and manganese Deposit Tonnes CuEq Cu Au Co Mo Re Fe Mt % % g/t % % g
Slide 6: Copper Project Overview
Copper Isa Project Overview Mount Copper is one of the raw materials that will fuel the green revolution BHP Billiton says electric car production could boost global copper demand by half in the next 18 years, adding to the groundswell of excitement from miners and mining investors around the market
Slide 7: Perentie - Recent Acquisition's New Copper-Gold Find
Perentie - Acquisition’s Recent New Copper-Gold Find Perentie Project • Two new mineralised trends • Judith - Paddy B - Susan • Trackside – Rainbow Ridge • SAM survey and drilling HAMMER METALS LTD | 7
Slide 8: Toby – Another New Copper-Gold Find
Toby – Another Recent New Copper-Gold Find Acquisition’s Toby Gossan • Up to 18.4g/t Au, 76g/t Ag and 15% Cu • Coincident VTEM anomaly • Not previously recognised HAMMER METALS LTD | 8
Slide 9: Copper: Mt Philp Breccia IOCG Target
Copper: Mt Philp Overlander – Breccia IOCG IOCG Target Target • Very large breccia complex (+30km2) with extensive alteration and brecciation and intrusive activity. • Never previously assessed for IOCG mineralisation • Systematic field mapping, sampling and geophysical programs underway HAMMER META
Slide 10: Copper: Jubilee Copper-Gold Project – Mt Frosty JV
Copper: Jubilee Recent Copper-Gold Project – Mt Frosty JV Acquisition’s HAMMER METALS LTD | 10
Slide 11: Copper: Jubilee Copper-Gold Project – Mt Frosty JV
Copper: Jubilee Recent Copper-Gold Project – Mt Frosty JV Acquisition’s HAMMER METALS LTD | 11
Slide 12: Copper: Overlander Copper Deposit + IOCG Target
Copper: Overlander Overlander Copper – IOCG Deposit + IOCG Target Target • Large system - 6km of strike, 6km west of Kalman • Current resource 1.8 Mt at 1.2% Cu • Strong IOCG alteration intersected in diamond drill holes OVD001 – OVD003 with coincident geochemistry, magnetic, gravity and IP anomalie
Slide 13: Copper: Kalman Copper-Gold-Molybdenum-Rhenium Deposit
Copper: Kalman Copper-Gold-Molybdenum-Rhenium Deposit Kalman Mineral Resource Estimate • Open pit and underground potential • Remains open at depth • Good potential for base load plant feed Classification Mining Method Tonnes (t) CuEq (%) Indicated Open Pit 7,100,000 1.5 Inferred Open Pit 6,200,000
Slide 14: Copper: Elaine-Dorothy copper-gold deposit
Copper: Elaine-Dorothy Recent Acquisition’scopper-gold deposit Purchase of Elaine copper-gold deposit near Mary Kathleen: • Broad copper intersections – 206m at 0.53% Cu & 159 metres at 0.5% Cu • High grade gold – 30m at 6.7g/t Au and 26m at 1.7g/t Au and 0.24% Bi • Elevated cobalt and REE’s • Multi
Slide 15: Cobalt: Millennium Cobalt-Copper-Gold Project
Cobalt: Millennium Cobalt-Copper-Gold Project Kalman Key points: • Global Energy Metals Corporation (TSX: GEMC) a focused cobalt explorer / developer proposal to purchase Hammer’s interest • Hammer Metals to become 19.9% shareholder of GEMC • Project close to infrastructure near Rocklands and Cloncu
Slide 16: Millennium Copper-Cobalt-Gold Deposit
Millennium Copper-Cobalt-Gold Deposit Kalman Mineral Resource Estimate • Maiden Mineral Resource in November 2016 • First Metallurgical studies underway • Open pit and underground potential • Remains open at depth • Untested target zone along strike to north • Graphitic unit adjacent to cobalt zone
Slide 17: What's coming up – Drilling Multiple Targets
What’s coming up – Drilling Multiple Targets Summary • Perentie – Surface geophysics (SAM) followed by RC drilling Oct-Nov 2018 • RC drill planning at gold-copper targets at Lakeview (along strike to south of Jubilee), Prince of Wales and Trafalgar • Metallurgical testwork results for Millennium and
Slide 18: Exploration Strategy - Multiple Tier-1 Targets
ExplorationTier-1 Multiple StrategyExploration - Multiple Tier-1Targets Copper Targets Strategy: • Consolidate and control a large under-explored project area • Regional and prospect scale structurally-driven targeting methodology • Systematic exploration targeting copper-gold orebodies of the Ernes
Slide 19: Why Hammer?
Why Hammer? Summary Extensive ground position in the Mt Isa Mineral Province prospective for a range of metals Substantial Cu-Au-Mo-Co-Fe resource inventory + graphite, manganese and REE potential Multiple large-scale targets – HMX is focussed on a major discovery Experienced exploration tea
Slide 20: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Disclaimer & Competent Person Statement Statements Disclaimer This presentation by its nature contains summarised information. See Hammer’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.
Slide 21: Kalman Resource Estimate & Notes on Copper Equivalence Calculation
Kalman Kalman Resource Estimate Resource & Notes on Estimate &Copper Equivalence Notes OnCalculation Copper Equivalence Calculation 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
Slide 22: Kalman Resource Estimate & Notes on Metallurgical Recoveries
KalmanResource Kalman Resource Estimate Estimate & on & Notes Notes On Metallurgical Metallurgical Recoveries Recoveries Assumed Metallurgical Recoveries Based on the testing completed and the current understanding of the material characteristics it has been assumed that the Kalman material can be p
Slide 23: Millennium Resource Estimate & Notes on Copper Equivalence
Millennium Millennium Resource Estimate Resource & Notes on&Copper Estimate Equivalence Notes OnCalculation Copper Equivalence Calculation The Millennium Mineral Resource Estimate was conducted in December 2016 in accordance with the JORC Code (2012 Edition). (Refer to the ASX Release dated 6th Dece
Slide 24: Overlander Mineral Resource Estimate
Overlander Millennium Mineral ResourceEstimate Resource Estimate & Notes On Copper Equivalence Calculation 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-go
Slide 25: Mt. Philp Mineral Resource Estimate
Mt. Philp Mineral Millennium Resource Estimate Resource Estimate & Notes On Copper Equivalence Calculation The Mineral Resource Estimate is based on 48 diamond and reverse circulation (RC) drillholes completed in 2011 for a total of 3,801 metres (m). Drilling comprises fans located on a nominal 100
Slide 26: Elaine Project Mineral Resource Estimate
Elaine Project Mineral Millennium Resource Resource Estimate & Estimate Notes On Copper Equivalence Calculation The Elaine Project Mineral Resource Estimate is based on approximately 30 holes to a depth of 450 metres below surface. A resource estimate was first completed and reported to ASX by previ