Hammer Metals Limited · ASX:HMX
Hammer Metals — Brisbane Mining and Energy Investor Conference and Ord Minnett East Coast Mining Conferenc (March 2023)
25 slides from Hammer Metals's conference presentation, Mar 22, 2023
Slide 1: Investor Presentation - ASX Release
INVESTOR PRESENTATION ASX RELEASE 22 March 2023 Hammer Metals Ltd (ASX: HMX) (“Hammer” or the “Company”) is pleased to provide the attached Investor Presentation to be provided at the Brisbane Mining and Energy Investor Conference and the upcoming Ord Minnett East Coast Mining DIRECTORS / Conference
Slide 2: Positioned for Growth & Success
Positioned for Growth & Success Building critical mass in copper-gold and targeting new discoveries in the world class Mt Isa District, North Queensland Investor Presentation ASX: HMX 22-23 March 2023 Ord Minnett East Coast Mining Conference Brisbane Mining and Energy Investor Conference www.hammerm
Slide 3: 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 4: Exploring two of the world's great metal provinces
Exploring two of the world’s great metal provinces MOUNT ISA PROVINCE One of the world’s 1 4 largest base metals provinces Dominant position in Mt Isa – one of Team that has made world Australia’s most prospective copper class mineral discoveries provinces (~2,600sqkm) MT ISA 2 5 YANDAL GOLD PROJECT
Slide 5: Corporate Snapshot
Corporate Snapshot | ASX:HMX 821M $44M $2.6M* Shares on issue Market Cap Cash ASX: HMX At $0.055 (21 Mar 2023) As at 31 December 2022 Board and management with a track record of success 24 M Russell Davis +30 years resources experience $42M Unlisted Options *$1.1M Chairman Geologist with exploration
Slide 6: Mt Isa Projects
Mt Isa Projects Queensland Hammer is committed to increasing its inventory of >440,000 tonnes of copper equivalent metal* Dual-track strategy to become a copper developer: Discover additional copper and gold inventory near existing JORC Resources. Explore standalone large-scale Iron Oxide Copp
Slide 7: Kalman – Our cornerstone asset – 100% HMX
Kalman – Our cornerstone asset – 100% HMX 100% HMX - 360kt of Copper Equivalent Metal Indicated and Inferred Mineral Resource Estimate1 of 20Mt @ 0.61% Cu, 0.34g/t Au, 0.14% Mo, 3.7g/t Re (20Mt at 1.8% CuEq). Kalman is the world’s third highest grade undeveloped molybdenum deposit*. Broad mine
Slide 8: Molybdenum
Molybdenum Molybdenum is a heat-resistant metal, perfect as an alloy, strengthening steel for use in critical applications Molybdenum is a critical mineral and is playing an important role in the move to clean green technologies. Uses and applications for Molybdenum include stainless steel utili
Slide 9: Kalman Cu/Au/Mo/Re Deposit
Kalman Cu/Au/Mo/Re Deposit New drilling has confirmed Cu/Au/Mo/Re mineralisation to the north of the existing JORC Resource at Kalman 89m at 0.40% Cu and 0.18g/t Au, 0.14% Mo and 2.9g/t Re (1.74% CuEq) from 143m in K-153*; including 24m at 0.44% Cu, 0.29g/t Au, 0.5% Mo and 10.2g/t Re (5.1% CuEq)
Slide 10: An Exploration Driven Company with Exceptional Cu Targets
An Exploration Driven Company with Exceptional Cu Targets Hammer drill tested in excess of 15 different targets in 2022 – many of which had never been previously drilled Hardway (Single Hole)* 30m at 1.1% copper from 48m (oxide) and 26m at 0.14% Total Rare Earth and Yttrium Oxides (TREYO) from 3
Slide 11: Hardway – Cu REE Discovery
Hardway – Cu REE Discovery Located just 1km north of the Barkly Highway between Mount Isa and Cloncurry Single drill hole in late 2022 defined broad zone of strong copper and rare earth element (REE) mineralisation in HMHWRC001: 30m at 1.1% copper from 48m (oxide)* 26m at 0.14% Total Rare Eart
Slide 12: Mount Hope Region
Mount Hope Region Multiple targets in a region delivering high grade copper intercepts* – drilling commencing later this month Hammer’s tenure on the Mount Hope trend extends over an area approximately 7km long by 1.7km wide and encompasses the former workings at Mount Hope South and South Hope.
Slide 13: Yandal Au, Li and Ni Projects
Yandal Au, Li and Ni Projects Western Australia Highly prospective, underexplored land package in the heart of the highly prospective Yandal Gold Belt 260km2 tenement position. Proximal to existing multi-million-ounce resources including the 4Moz Bronzewing1 gold mine & 1.1Moz Orelia gold deposi
Slide 14: Yandal – Early-Stage Lithium Prospects
Yandal – Early-Stage Lithium Prospects Highly encouraging early-stage lithium exploration results 40km east of the world-class Kathleen Valley Lithium-Tantalum Project Reconnaissance rock chip sampling identified a lithium-bearing zone with initial outcropping strike length of approximately 200m.
Slide 15: Upcoming Activities
Upcoming Activities What’s next? Multiple exploration programs progressing across Hammer’s 100%-owned and JV interests Hammer’s 100%-owned Mount Isa activities RC Drilling – Hardway, South Hope, The Stubby, Mascotte and Mascotte Junction Kalman JORC resource update Large-scale IOCG Target Revi
Slide 16: Hammer Metals: Positioned for Growth and Success
Hammer Metals: Positioned for Growth and Success 1 2 3 4 JORC Equivalent Resources in High impact exploration Committed to replicating past excess of 440kt* of Copper Multiple high-grade Cu/Au targets program partnered with world- success in one of Australia’s most Equivalent Metal with Resource wit
Slide 17: Contact
Contact Daniel Thomas, Managing Director daniel@hammermetals.com.au ASX:HMX @HammerMetals 28-30 Mayfair Street West Perth WA 6005 Phone: +61 8 6369 1195 www.hammermetals.com.au www.hammermetals.com.au 16
Slide 18: South Hope
South Hope 25 metres at 2.41% Cu and 0.47g/t Au from 79m in HMHSRC001* - the first hole at South Hope Follow-up drilling has confirmed additional zones of high-grade copper mineralisation, including: 4m at 3.03% Cu and 0.29g/t Au from 39m in HMSHRC003 including 1m at 10.1% Cu and 0.98g/t Au from
Slide 19: Ajax – High Grade Cu-Au
Ajax – High Grade Cu-Au Significant prospective sulphide horizon identified with high grade copper intercepts Situated along the highly-prospective Trafalgar-to-Elaine trend (13km), with numerous Cu/Au prospects. Best drilling at Ajax returned an intercept of: 11m at 5% Cu and 2.5g/t Au from 24m
Slide 20: North Orelia - Successful drilling to date
North Orelia - Successful drilling to date Yandal Gold Project Mineralisation over a 2km strike length within multiple structures Drilling at Orelia North Target 1 provided prospective shallow gold results including1: 8m at 4.2g/t Au from 20m in BWSRC0025 including: 1m at 27.1g/t Au from 26m
Slide 21: Bronzewing South – A New Perspective
Bronzewing South – A New Perspective 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 h
Slide 22: Kalman Resource Estimate & Notes on Copper Equivalence
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 23: Overlander and Jubilee Mineral Resource Estimates
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 24: Elaine and Mt Philp Mineral Resource Estimates
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 d
Slide 25: Lakeview Mineral Resource
Lakeview Mineral Resource The 100%-owned Lakeview Deposit and is situated within EPM26775, approximately 50 kilometres west of Mount Isa in North West Queensland. The Lakeview Deposit occurs within the Mary Kathleen Fold Belt of the Eastern Succession of the Mount Isa Inlier. The deposit is hosted b