Hammer Metals Limited · ASX:HMX
Hammer Metals — Investor Presentation (June 2020)
25 slides from Hammer Metals's investor presentation, Jun 23, 2020
Slide 1: Exploring Two of the World's Great Mineral Provinces
For personal use only Exploring Two of the World’s Great Mineral Provinces Investor Presentation June 2020 ASX:HMX
Slide 2: Positioned in Two of the World's Great Metal Provinces
Positioned in Two of the World’s Great Metal Provinces For personal use only YANDAL GOLD PROVINCE MOUNT ISA PROVINCE 24M Oz of Gold Produced World’s Largest Base Metal Province The Bronzewing South project is located in the heart of the highly Strategic 2,100km2 tenement holding in prospective Yanda
Slide 3: Corporate Snapshot - ASX:HMX
Corporate Snapshot - ASX:HMX For personal use only CAPITAL STRUCTURE BOARD AND MANAGEMENT WITH A TRACK RECORD OF SUCCESS SHARES ON ISSUE (M)(Undiluted) 568.8 Russell Davis +30 years experience in the industry MARKET CAP (M) (at 22/06/2020 A$0.040) 22.8 Chairman Geologist with exploration and develop
Slide 4: Bronzewing South Gold Project
Bronzewing South Gold Project For personal use only Hammer acquired the Bronzewing South Gold Project in May 2019 100% owned, no royalty - 209km2 located immediately south of the Bronzewing gold mine (4Moz1) & north of the Orelia deposit (1.1Moz) Limited exploration over past decade due to previou
Slide 5: North Orelia – Prospective Structural Trends
North Orelia – Prospective Structural Trends For personal use only Mineralisation, Structure & Geology HMX Multiple targets identified in 14km Orelia Trend Orelia Trend Orelia Trend is along strike from former Cockburn & Lotus pits (Mt Mclure Operation) now held by Northern Star 1 hosting the 1.1Moz
Slide 6: North Orelia – Successful Drilling to Date
North Orelia –– Successful Drilling to Date For personal use only Hammer has defined mineralisation over a 2km strike length within multiple structures Drilling has identified several mineralised gold zones at North Orelia whilst also providing valuable regional geological context for follow up prog
Slide 7: Bronzewing South: Hammer's First Pass 2019 Drilling Program
Bronzewing South For personal use only Hammer’s First Pass 2019 Drilling Program Bronzewing South Property’s 5km strike length has multiple high-priority targets highlighted by geochemical, geophysical and structural analysis Limited exploration at a depth of >100m has occurred (23 RC/DD holes) Hamm
Slide 8: Bronzewing South – A New Perspective
Bronzewing South – A New Perspective For personal use only Multiple untested targets identified from the first pass program Updated view of project geology based upon the first phase RC program adding further definition to the geological domains of the area Previous exploration has focused predomina
Slide 9: Bronzewing South Gold Project: What's Next
Bronzewing South Gold Project What's Next For personal use only Further untested prospects to be drilled in ongoing Bronzewing 2 South program across Orelia North, Bronzewing South and Ken’s Bore 1 AC Program Ongoing program has been redesigned to infill and further test the extent of 1 mineralisa
Slide 10: Mt Isa Province
Mt Isa Province For personal use only 2,100km2 landholding covering a range of greenfield to advanced development study projects High quality IOCG targets including Overlander, Andy’s Hill, Perentie & the Mt Philip Breccia. Hammer’s Mt Isa tenements are surrounded by existing Tier One producing mine
Slide 11: Mt Isa: Shadow Prospect
Mt Isa: Shadow Prospect For personal use only Mt Philip Breccia IOCG Target Adjacent to Mt Philp Hematite Deposit, outcropping copper oxides and sulphides Mapping indicates surface mineralisation is associated with a multiphase magnetite-altered breccia which has a marginal zone of silica-magnetite
Slide 12: Mt Isa: Toby Prospect
Mt Isa: Toby Prospect For personal use only Compelling Target – Coincidental EM, VTEM and Rock Chip Anomalies Located close to the intersection of the Ballara, Kalman West and Pilgrim Faults, a zone of major structural complexity on the eastern margin of the Mt Philp Breccia and west of the Pilgrim
Slide 13: Kalman Deposit: Copper-Gold-Molybdenum-Rhenium
Kalman Deposit: Copper-Gold-Molybdenum-Rhenium For personal use only 100% HMX owned - 360kt of Copper Equivalent Metal Indicated and Inferred Mineral Resource Estimate of 20Mt @ 0.61% Cu, 0.34g/t Au, 0.14% Mo, 3.7g/t Re. Open pit and underground potential; the deposit remains open at depth and along
Slide 14: Mt Isa: What's Next
Mt Isa: What's Next 2 For personal use only Exploration programs have commenced across Hammer’s Mt 2 Isa portfolio 1 JOGMEC Joint Venture: Phase 2 Two phases of drilling are planned primarily to test the Shadow and Toby 1 1 prospects Initial phase will involve diamond drilling pre-determined tar
Slide 15: Aggressive Exploration to Deliver News & Milestones
Aggressive Exploration to Deliver News & Milestones For personal use only Parallel workstreams to provide consistent newsflow Q3-CY2020 Q4-CY2020 Jul Aug Sep Oct Nov Dec Bronzewing South (WA) Selective Targeting Orelia AC Drilling RC drilling (Orelia and Ken’s Bore) EIS diamond drilling (Bronzewing
Slide 16: Contact
For personal use only Contact Daniel Thomas, Managing Director daniel@hammermetals.com.au Suite 1, 827 Beaufort Street, Mt Lawley, Western Australia 6052 Phone: +61 8 6369 1195 www.hammermetals.com.au
Slide 17: Appendix: Joint Venture with JOGMEC
Appendix: Joint Venture with JOGMEC For personal use only JOGMEC to spend up to A$6million to earn 60% interest in JV tenure Field work on JV area commenced in January this year on each of the four joint venture areas (Even Steven, Mount Philp Breccia, Dronfield West and Malbon) The Phase 1 program
Slide 18: Appendix: Critical Minerals Exploration – Mount Isa
Appendix: Critical Minerals Exploration – Mount Isa For personal use only Two Collaborative Exploration Initiative grants from the Queensland Government to advance Hammer’s critical mineral exploration activities 100% funding of two high potential projects within Hammer’s portfolio: 1. A magnetotell
Slide 19: Appendix: Jubilee Deposit: Copper-Gold
Appendix: Jubilee Deposit: Copper-Gold For personal use only Jubilee is part of the Mt Frosty JV (HMX, 51% and operator) with Mount Isa Mines (MIM, 49%) and is <1km from the Barkly highway & 55km from Mt Isa Maiden Inferred Resource Estimate released in December 2018 of 1.41Mt @ 1.41% Cu & 0.62 g/t
Slide 20: Appendix: Overlander Deposit - Copper-Gold
Appendix: Overlander Deposit - Copper-Gold For personal use only 100% HMX owned and 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 a
Slide 21: Appendix: Elaine Deposit - Copper-Gold
Appendix: Elaine Deposit - Copper-Gold For personal use only 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
Slide 22: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement For personal use only Disclaimer It confirms that it is not aware of any new information or data that materially affects the This presentation by its nature contains summarised information. See Hammer’s other information included in those announcements and
Slide 23: Kalman Resource Estimate & Notes on Copper Equivalence
Kalman Resource Estimate & Notes on Copper Equivalence Calculation and Metallurgical Recoveries For personal use only 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
Slide 24: Overlander and Jubilee Mineral Resource Estimates
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 and Mt. Philp Mineral Resource Estimates
Elaine Project Mineral Resource Mt. Philp Mineral Resource Estimate & Notes on Copper Eqv Estimate For personal use only 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 Resourc