Hammer Metals Limited · ASX:HMX

Hammer Metals — Investor Presentation (September 2020)

28 slides from Hammer Metals's investor presentation, September 2020

  1. Slide 1: A New Era for Bronzewing Exploration

    A New Era for Bronzewing Exploration Investor Presentation September 2020 ASX:HMX

  2. Slide 2: Positioned in Two of the World's Great Metal Provinces

    Positioned in Two of the World’s Great Metal Provinces MT ISA PROJECT 1 4 MOUNT ISA PROVINCE World’s Largest Base Metal Quality gold and copper Team responsible for world Province exploration portfolio class gold discoveries in WA 2 5 Highly refined advanced Adjacent to world class mines stage drill

  3. Slide 3: Corporate Snapshot - ASX:HMX

    Corporate Snapshot - ASX:HMX CAPITAL STRUCTURE BOARD AND MANAGEMENT WITH A TRACK RECORD OF SUCCESS SHARES ON ISSUE (M)(Undiluted) 627 Russell Davis +30 years experience in the industry MARKET CAP (M) (at 15/09/2020 A$0.04) 25.1 Chairman Geologist with exploration and development experience BSc (Hons

  4. Slide 4: Hammer's Yandal Gold Projects

    Hammer’s Yandal Gold Projects Hammer acquired the Bronzewing South Gold Project in May 2019  260km2 in the heart of the highly prospective Yandal Gold Belt  Proximal to existing multi-million ounce resources including the 4Moz Bronzewing gold mine & 1.1Moz Orelia gold deposits and associated infra

  5. Slide 5: North Orelia – Prospective Structural Trends

    North Orelia – Prospective Structural Trends 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 hosting the 1.1Moz Au Orelia Resource Lotu

  6. Slide 6: North Orelia – Successful Drilling to Date

    North Orelia –– Successful Drilling to Date Hammer has defined mineralisation over a 2km strike length within multiple structures Recently received assays from recently completed air core program at Orelia North has provided further promising shallow gold results including:  4m @ 5.79g/t Au from 40

  7. Slide 7: North Orelia – Successful Drilling to Date

    North Orelia –– Successful Drilling to Date Hammer has defined mineralisation over a 2km strike length within multiple structures Recently received assays from recently completed air core program at Orelia North has provided further promising shallow gold results including:  4m @ 5.79g/t Au from 40

  8. Slide 8: Bronzewing South

    Bronzewing South 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) Hammer’s program focussed

  9. Slide 9: Bronzewing South – A New Perspective

    Bronzewing South – A New Perspective 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 predominantly on the Eastern Sh

  10. Slide 10: Bronzewing South – A New Perspective

    Bronzewing South – A New Perspective 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 predominantly on the Eastern Sh

  11. Slide 11: Ken's Bore

    Ken’s Bore Compelling Target to be drilled in upcoming RC program Ken’s Bore is located 12km to the south of Bronzewing. Significant gold values in rock chips of 22.2g/t, 12.9g/t, 6.1g/t and 7.7g/t have been returned from this area (Refer to ASX announcement dated 2 October 2019). A review of open f

  12. Slide 12: Bronzewing South Gold Project What's Next in 2020

    Bronzewing South Gold Project What's Next in 2020 Further untested prospects to be drilled in ongoing Bronzewing 2 South program across Orelia North, Bronzewing South and Ken’s Bore 1 AC Program - COMPLETE 1  Recently completed program was designed to infill and further test the extent of mineralis

  13. Slide 13: Mt Isa Projects

    Mt Isa Projects Strategic landholding covering a range of greenfield to advanced development study projects  Highly prospective 2,100km2 tenement holding in the largest base metal province in the world  One of the world’s most diverse base metals districts hosting numerous Tier One deposits, estab

  14. Slide 14: Mount Isa: Shadow Prospect

    Mount Isa: Shadow Prospect Mt Philip Breccia IOCG Target – JOGMEC JV Broad intersections of copper and associated gold were observed in our first two drill holes into the Shadow prospect:  83m @ 0.13% Cu from 81m including 29m @ 0.16% Cu from 135m1; and  106m @ 0.10% Cu from 44m including 5m @ 0.2

  15. Slide 15: Mt Isa: Toby Prospect

    Mt Isa: Toby Prospect 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 Fault Historical reconnaissance rock chip

  16. Slide 16: Kalman Deposit: Copper-Gold-Molybdenum-Rhenium

    Kalman Deposit: Copper-Gold-Molybdenum-Rhenium 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 strike High-grade min

  17. Slide 17: Mt Isa: What's Next in 2020

    Mt Isa: What's Next in 2020 2 Exploration programs have commenced across Hammer’s Mt 2 Isa portfolio 1 JOGMEC Joint Venture: Phase 2  Field follow up from drilling results – Complete downhole EM surveys, 1 1 further field mapping and soil surveys to hone targets  Follow up RC drilling and further

  18. Slide 18: Aggressive Exploration to Deliver News & Milestones

    Aggressive Exploration to Deliver News & Milestones Parallel workstreams to provide consistent newsflow Q3-CY2020 Q4-CY2020 Q1-CY2021 Sep Oct Nov Dec Jan Feb Bronzewing South (WA) Selective Targeting RC drilling (Orelia and Ken’s Bore) EIS diamond drilling (Bronzewing South Orelia AC Drilling Ongoin

  19. Slide 19: Contact

    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

  20. Slide 20: Disclaimer and Competent Persons Statement

    Disclaimer and Competent Persons Statement The announcement of this presentation to the ASX platform has been authorized by It confirms that it is not aware of any new information or data that materially affects the Daniel Thomas, Managing Director, Hammer Metals Limited information included in thos

  21. Slide 21: Appendix: Joint Venture with JOGMEC

    Appendix: Joint Venture with JOGMEC 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 was designed to collec

  22. Slide 22: Appendix: Critical Minerals Exploration – Mount Isa

    Appendix: Critical Minerals Exploration – Mount Isa 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 magnetotelluric survey has been c

  23. Slide 23: Appendix: Jubilee Deposit: Copper-Gold

    Appendix: Jubilee Deposit: Copper-Gold 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 Au for 20kt Cu & 28koz

  24. Slide 24: Appendix: Overlander Deposit - Copper-Gold

    Appendix: Overlander Deposit - Copper-Gold 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 and thickness, includin

  25. Slide 25: Appendix: 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

  26. Slide 26: 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

  27. Slide 27: 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

  28. Slide 28: 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

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