Hammer Metals Limited · ASX:HMX
Hammer Metals — Investor Presentation (July 2019)
28 slides from Hammer Metals's investor presentation, Jul 17, 2019
Slide 1: Exposure to Two World Class Mineral Provinces
Exposure to Two World Class Mineral Provinces Investor Presentation July 2019 ASX:HMX
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 Heart of the Yandal Belt World’s Largest Base Metal Province The Bronzewing South project is located in the heart of the highly Massive 2,000km2 tenement holding in prospective Yandal Belt, that boasts the
Slide 3: 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 Orelia deposit • Bronzewing Mine mineralised corridor extends over 5km in strike length within E36/8
Slide 4: Bronzewing South Gold Project
Bronzewing South Gold Project Looking for extensions and new deposits along strike 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 4
Slide 5: 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. Bronzewing is composed of multiple steeply plunging orebodies which are elongated in the east-wes
Slide 6: Bronzewing South Gold Project - IP Survey
Bronzewing South Gold Project - IP Survey IP Survey in Progress Vortex Geophysics undertaking a 3D Induced Polarisation Survey testing the prospective corridor immediately south of the Bronzewing Deposit. Drilling is planned to commence following the completion of the survey Refer ASX announcement 1
Slide 7: Bronzewing South – Trend Exploration Targets
Bronzewing South – Trend Exploration Targets Mineralisation, Structure & Geology Numerous zones of gold anomalism occur within the regolith and bedrock in the target corridor to the south of the former Bronzewing Deposit Similar shallow zones of anomalism led to the discovery of the Bronzewing Depos
Slide 8: Bronzewing South Gold Project – Orelia Trend
Bronzewing South Gold Project – Orelia Trend Mineralisation, Structure & Geology HMX The Orelia Trend 14km strike length has highlighted Orelia Trend multiple targets in three main trends Orelia Trend is along strike from former Cockburn & Lotus pits (Mt Mclure Operation) now held by Echo Resources
Slide 9: Mt Isa Province
Mt Isa Province 2,000km2 landholding that covers 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 Mining & optimisation studies are underway at Jubilee (51% HMX), Elaine,
Slide 10: Mt Isa Asset Portfolio
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 Jubilee Steve
Slide 11: Jubilee Deposit: Copper-Gold
Jubilee Deposit: Copper-Gold Jubilee is part of the Mt Frosty Joint Venture (51% HMX and operator) with Mount Isa Mines (MIM, 49%) and is <1km from the Barkly highway & 55km from Mt Isa Maiden Inferred Resource Estimate released on 20 December 2018 of 1.41Mt @ 1.41% Cu & 0.62 g/t Au for 20kt Cu & 28
Slide 12: Kalman Deposit: Copper-Gold-Molybdenum-Rhenium
Kalman Deposit: Copper-Gold-Molybdenum-Rhenium Kalman is 100% HMX owned and is located 6km east from Hammer’s 100% owned Overlander project Indicated and Inferred Mineral Resource Estimate of is 20Mt @ 0.61% Cu, 0.34g/t Au, 0.14% Mo, 3.7g/t Re Open pit and underground potential; the deposit remains
Slide 13: Kalman Deposit: Copper-Gold-Molybdenum-Rhenium
Kalman Deposit: Copper-Gold-Molybdenum-Rhenium Kalman conceptual optimised pit shell showing drill traces – Looking northwest Refer ASX announcement – 27 September 2016 www.hammermetals.com.au 13
Slide 14: Overlander Deposit: Copper-Gold
Overlander Deposit: Copper-Gold Overlander is 100% HMX owned and is 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, in
Slide 15: Elaine Deposit: Copper-Gold
Elaine Deposit: Copper-Gold Elaine is 100% HMX owned and is 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 fr
Slide 16: Mt Isa – Greenfield Exploration Profile
Mt Isa – Greenfield Exploration Profile High Priority Greenfield Targets Mount Philip 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%
Slide 17: High Priority Greenfield Targets
High Priority Greenfield Targets Mount Philip Breccia IOCG Target: Copper-Gold Massive +20km2 breccia complex with extensive alteration, brecciation and intrusive activity that has never been assessed for IOCG mineralisation 161 samples collected to date collected for multi-element analysis Signific
Slide 18: Additional Greenfield Targets
Additional Greenfield Targets MANGANESE RIDGE KALMAN WEST KOPPANY REE’S Graphitic Schist is a common lithology within Light Rare Earth Element (‘REE’) potential the Kalman West structure for cerium, lanthanum, neodymium and Lithiated manganese dioxide batteries (LMD) praseodymium confirmed at the Ko
Slide 19: Aggressive Exploration to Deliver News & Milestones
Aggressive Exploration to Deliver News & Milestones Parallel workstreams to provide consistent newsflow Q3-CY2019 Q4-CY2019 Jul Aug Sep Oct Nov Dec Bronzewing South (WA) IP Survey RC & Diamond Drilling ONGOING Results Driven Exploration Mt Isa (QLD) & Development Program Mt Philip Breccia Field Work
Slide 20: Corporate Snapshot - ASX:HMX
Corporate Snapshot - ASX:HMX CAPITAL STRUCTURE BOARD AND MANAGEMENT WITH A TRACK RECORD OF SUCCESS SHARES ON ISSUE (M) (Undiluted) 351.2 +30 years experience in the industry Russell Davis Chairman Geologist with exploration and development experience MARKET CAP (M) (at A$0.025) 8.8 BSc (Hons) MBA, M
Slide 21: Contact
Contact Russell Davis, Chairman russell@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
Slide 22: 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 This presentation by its nature contains summarised information. See Hammer’s other the information included in those announcements and all material assumptio
Slide 23: 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 24: 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 25: 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
Slide 26: Notes
Notes www.hammermetals.com.au 26
Slide 27: Notes
Notes www.hammermetals.com.au 27
Slide 28: Notes
Notes www.hammermetals.com.au 28