Metal Hawk Ltd. · ASX:MHK
Metal Hawk — Investor Presentation (February 2021)
19 slides from Metal Hawk's investor presentation, February 2021
Slide 1: Investor Presentation
Investor Presentation A Western Australian exploration company focused on Gold and Nickel discovery February 2021 ASX : MHK
Slide 2: Disclaimer
Disclaimer Confidential This investor presentation (Presentation) is strictly confidential and is intended for the exclusive benefit of the person to which it is presented. It may not be reproduced, distributed or passed on, directly or indirectly, to any other person or published, in whole or in pa
Slide 3: Exploring for Gold and Nickel in World-Class Mining Districts
EXPLORING FOR GOLD AND NICKEL IN WORLD-CLASS MINING DISTRICTS WSA JV ✓ Highly prospective projects for gold and nickel sulphide in goldfields and Albany-Fraser regions ✓ Focused on early-stage discovery to generate maximum value growth ✓ Active exploration and drilling to provide strong news flow St
Slide 4: Directors and Management Corporate Snapshot
Directors and Management Corporate Snapshot DIRECTORS CAPITAL STRUCTURE Brett Lambert Non-Executive Chairman Shares on issue 47,247,500 Mining Engineer +30 years experience. Current chairman of MCR and STN Will Belbin Managing Director Options on issue* 17,925,000 Exploration Geologist +20 years exp
Slide 5: Overview Goldfields Projects
OVERVIEW Goldfields Projects ➢ Extensive gold exploration programs underway at Kanowna East and Emu Lake ➢ + 19,000m of aircore (AC) drilled since Nov-2020 ➢ Western Areas have commenced nickel exploration at Kanowna East ➢ Nickel exploration to commence at Blair North and Clinker Hill Q1-2021 6
Slide 6: Kanowna East Project
Kanowna East Project SURROUNDED BY MAJORS AND WORLD-CLASS GOLD AND NICKEL DEPOSITS ➢8km from Kanowna Belle gold mine (>6.4 Moz Au) ➢10km south along strike from Silver Swan (historical production of 130kt @ 5.2% Ni) ➢Underexplored ➢Gold and nickel hits from shallow drilling ➢WSA Earning-in ➢MHK reta
Slide 7: Kanowna East - Gold Aircore Results – Maiden Drill Program
Kanowna East - Gold AIRCORE RESULTS – MAIDEN DRILL PROGRAM Little Lake prospect Little Lake • 4m @ 7.11g/t Au • 5m @ 2.24g/t Au • 5m @ 0.89g/t Au Western Tiger Western Tiger prospect • 6m @ 1.54g/t Au • 6m @ 1.19g/t Au Little Lake • NO DEEP DRILLING TO DATE • STAGE-1 DRILLING CONTINUING • ASSAY RESU
Slide 8: Kanowna East – Nickel
Kanowna East – Nickel GEOLOGICAL SETTING ➢12km south and along strike of Poseidon Nickel’s Black Swan Project: • Same ultramafic package as Silver Swan (Kambalda-style komatiite-hosted nickel) • Silver Swan surface expression only ~50m strike extent, no geochemical or EM surface signature ➢9km strik
Slide 9: Emu Lake Project
Emu Lake Project GREENSTONE-HOSTED EXPLORATION TENURE ➢70km NE of Kalgoorlie, surrounded 65km2 by majors ➢WSA Earn-in, MHK retains gold rights ➢Underexplored – Exciting new auger gold anomalies identified ➢Ultramafic belt fertile for nickel sulphides - Binti nickel prospect located ~10km SSE, up to
Slide 10: Emu Lake – Gold
Emu Lake – Gold ➢No modern systematic exploration for gold ➢3,800m drilling completed Nov-2020 ➢Anomalous gold intersected in wide-spaced AC: - 7m @ 0.26g/t Au to EOH ➢2020 auger drilling to north has identified new target areas ➢Follow-up auger underway to confirm gold anomalies and define targets
Slide 11: Clinker Hill and Blair North
Clinker Hill and Blair North NICKEL AND GOLD PROSPECTIVITY ➢25-35km ESE of Kalgoorlie ➢2km north of Blair Nickel deposit (last mined 2008, 1.26Mt @ 2.6% Ni) ➢Majority of project area consists of high- MgO ultramafic rocks under shallow cover ➢Very little historical nickel exploration ➢Near-surface g
Slide 12: Norseman and Albany-Fraser Projects
Norseman and Albany - Fraser Projects Viking Gold Project (CHN Earn-In) ➢ High-grade gold system 30km ESE of Norseman Norseman East Project ➢ ELA acquisition <10km from Norseman surrounded by gold deposits Fraser South Project (WSA JV) ➢ Large landholding 80km south of Nova-Bollinger, with untested
Slide 13: Norseman Gold Projects
Norseman Gold Projects VIKING GOLD PROJECT ➢Large gold system discovered in 2011 ➢Advanced prospects identified, with only shallow drilling to date ➢High grade targets at Beaker 2 ➢CHN to fund aggressive exploration and may earn a 70% interest by spending $2.75m over 4.5years NORSEMAN EAST PROJECT B
Slide 14: Viking Gold Project – Beaker 2 Prospect
Viking Gold Project – Beaker 2 Prospect ➢EXTENSIVE ZONE OF HIGH GRADE SUPERGENE GOLD - 6m @ 64.0g/t Au from 50m - 4m @ 15.4g/t Au from 40m ➢BEDROCK UNTESTED - 3m @ 15.3 g/t Au from 28m - 11m @ 3.1g/t Au from 14m - 3m @ 8.2 g/t Au from 40m 15
Slide 15: Viking Gold Project – Beaker 4 Prospect
Viking Gold Project – Beaker 4 Prospect HIGH GRADE GOLD IN SHALLOW DRILLING ➢High-grade gold hosted in quartz- sulphide veining, including: - 7m @ 4.0g/t Au - 4.4m @ 6.6g/t Au - 6m @ 6.0g/t Au - 2.3m @ 5.8g/t Au ➢Extends from near surface to >100m ➢Open along strike and down-plunge 15
Slide 16: Norseman East Project (MHK 100%)
Norseman East Project (MHK 100%) OPPORTUNITY FOR DISCOVERY IN WORLD-CLASS GOLD CAMP ➢ELA ~35km2 ➢5km north of Pantoro’s (ASX: PNR) Gladstone - Everlasting and Daisy gold deposits (current resources >250koz Au) PRIORITY TARGET AREA NO DRILLING ➢No gold exploration since 1990s ➢Targeting mineralisatio
Slide 17: Fraser South Project
Fraser South Project CONSOLIDATED TENURE IN ALBANY-FRASER ➢40km strike of N-S trending metamorphic rocks under cover ➢Belt-scale prospectivity ➢Unexplored for Ni-Cu sulphides ➢The “Hawk Eye” feature - similar to that at Nova, visible in aeromagnetics ➢WSA Earning-In Fraser South Project ➢WSA to mana
Slide 18: Significant Activity and News Flow – next 6 months
Significant Activity and News Flow – next 6 months Timeline Q1-CY21 Q2-CY21 Exploration Activities Jan Feb Mar Apr May Jun Kanowna East (Au) stage-1 continued (~10,000m) interp and targeting stage-2 tbc AC Drilling RC Drilling RC follow -up Emu Lake (Au) Gold geochemical surveys P assay results AC d
Slide 19: www.metalhawk.com.au
www.metalhawk.com.au