Hammer Metals Limited · ASX:HMX

Hammer Metals — RIU Sydney Resources Roundup (May 2022)

22 slides from Hammer Metals's conference presentation, May 2022

  1. Slide 1: Positioned for Growth & Success

    Positioned for Growth & Success Copper-gold exploration in the world-class Mt Isa district, North Queensland Dan Thomas, Managing Director l May 2022 ASX: HMX @HammerMetals www.hammermetals.com.au 1

  2. Slide 2: 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

  3. Slide 3: Positioned in two of the world's great metal provinces

    Positioned in two of the world’s great metal provinces MOUNT ISA PROVINCE One of the world’s 1 4 largest base metals provinces Quality copper and gold exploration Team that has made world portfolio class mineral discoveries MT ISA 2 5 YANDAL GOLD PROJECT Building copper inventory: Dominant position

  4. Slide 4: Corporate Snapshot

    Corporate Snapshot | ASX:HMX 815M $82M $6.4M Shares on issue Market Cap Cash ASX: HMX At $0.10 (29 April 2022) As at 31 Mar 2021 BOARD AND MANAGEMENT WITH A TRACK RECORD OF SUCCESS Russell Davis +30 years resources experience $76M 26.9 M Nil Chairman Geologist with exploration and development experi

  5. Slide 5: Mt Isa Projects

    Mt Isa Projects Queensland Hammer is committed to increasing its inventory of >400,000 tonnes of copper equivalent metal (JORC 2012 Compliant Resource)  Dual-track strategy to become a copper developer:  Discover additional copper and gold inventory near existing JORC Resources  Explore standalon

  6. Slide 6: Kalman – Our cornerstone asset

    Kalman – Our cornerstone asset 100% HMX - 360kt of Copper Equivalent Metal  In ground value of JORC resources based on current metal prices in excess of A$6 billion  Indicated and Inferred Mineral Resource Estimate of 20Mt @ 0.61% Cu, 0.34g/t Au, 0.14% Mo, 3.7g/t Re  Recent exploration results hi

  7. Slide 7: Kalman Cu/Au/Mo/Re Deposit

    Kalman Cu/Au/Mo/Re Deposit New drilling has intercepted shallow Cu/Au/Mo/Re mineralisation to the north of the existing JORC Resource at Kalman  50m*at 0.63% Cu, 0.01% Mo, 0.49g/t Au, 0.53g/t Ag, and 0.08g/t Re (0.79% CuEq†) from 20m in K-144, including:  16m* at 1.38% Cu, 0.01% Mo, 0.84g/t Au, 0.

  8. Slide 8: Northern Minerals Hub

    Northern Minerals Hub High impact exploration along underexplored copper trend with multiple undrilled exploration targets  Building a critical mass of copper and gold Resources within a 20km radius of Trafalgar  Existing JORC resources at Kalman (100% HMX), Elaine (100% HMX), Overlander (100% HMX

  9. Slide 9: Ajax – High Grade Cu-Au

    Ajax – High Grade Cu-Au 11m at 5% Cu and 2.5g/t Au from 24m* - Plus, significant EM Conductor Defined  Situated along the highly-prospective Trafalgar-to-Elaine trend, which extends over 13km and is littered with Cu/Au prospects  First drill hole returned an intercept of:  11m at 5% Cu and 2.5g/t

  10. Slide 10: IOCG Targets – Overlander Copper System

    IOCG Targets – Overlander Copper System Significant new drill targets defined on IP anomaly at Overlander South  Overlander is a large mineralised system with a strike of +6km – numerous significant copper intercepts  High-priority IP (Induced Polarisation) anomaly defined at Overlander South  In

  11. Slide 11: Mount Isa East Joint Venture

    Mount Isa East Joint Venture Sumitomo Metal Mining is earning a 60% interest in the JV areas  JV has focused on exploring targets along the Trafalgar trend  Multiple targets defined from detailed mapping, fixed Loop EM and downhole EM surveys and historical copper workings  Sixteen holes now dril

  12. Slide 12: 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  Diamond drilling at new copper prospect – Ajax East  Results from recent drilling at Ajax, Smoko Gossan, Overlander South IP anomaly, Ori

  13. Slide 13: Yandal Gold Projects

    Yandal Gold Projects Western Australia Highly prospective, underexplored land package in the heart of the Yandal  260km2 tenement position in the highly prospective Yandal Gold Belt  Proximal to existing multi-million-ounce resources including the 4Moz Bronzewing1 gold mine & 1.1Moz Orelia gold de

  14. Slide 14: Aggressive Exploration | Ongoing and Results Driven

    Aggressive Exploration | Ongoing and Results Driven News & Milestones Parallel workstreams to provide consistent news flow Q4-2022 Q1-2023 Q2-2023 May June Jul Aug Sept Mt Isa (QLD) Diamond drilling program (Ajax East, Mount Philip IOCG Target, Trafalgar) SMMO JV Program – DHEM, FLEM, IP, Geochemist

  15. Slide 15: 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 15

  16. Slide 16: 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

  17. Slide 17: Neptune: Multiple Targets/Multiple Historical Workings

    Appendix Neptune: Multiple Targets/Multiple Historical Workings IOCG target 2km west of Trafalgar| 100% HMX  Three holes drilled at Lady Rose intersected copper and gold mineralisation. Significant Hammer intercepts include:  100m at 0.48% Cu and 0.18g/t Au from 173m1  66m at 0.32% Cu and 0.07g/t

  18. Slide 18: 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

  19. Slide 19: 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 

  20. Slide 20: 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

  21. Slide 21: 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

  22. Slide 22: 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

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