Hammer Metals Limited · ASX:HMX
Hammer Metals — Investor Presentation (April 2018)
15 slides from Hammer Metals's investor presentation, April 2018
Slide 1: Molybdenum - The New Battery Metal 2018
Molybdenum- The New Battery Metal 2018
Slide 2: Why Molybdenum?
Why Molybdenum? Why Hammer • 2018 Molybdenum has been one of the best price performing metals traded on the London Metals Exchange (LME) up 62.5% in the first 4 months of 2018. • Current official LME Mo stocks are at zero tonnes (April 17 2018) Reference: London Metal Exchange Website https://www.lm
Slide 3: The Future of Molybdenum in Batteries
The Future Why of Molybdenum in Batteries Hammer • Recent battery research and development are proving molybdenum makes significant improvements to battery performance when used in the electrodes mixed with graphene/graphite. • The introduction of a new consumption could significantly further restri
Slide 4: What is Molybdenum?
What isHammer Why Molybdenum? • Most molybdenum is produced in the Americas and China as a by product of copper production • Molybdenum can withstand extreme temperatures without significantly expanding or softening, making it useful in environments of intense heat, including military armour, aircra
Slide 5: Why Hammer?
Why Hammer? Why Hammer • Hammers principal asset is the Kalman molybdenum – copper - gold - rhenium deposit which is located in the globally significant Mount Isa Mineral Province in NW Queensland. • Mount Isa is also home to the world class Merlin molybdenum - rhenium deposit 70km to the south east
Slide 6: Kalman Mineral Resource Estimate
Kalman Mineral Resource Estimate Open pit and underground potential Remains open at depth with along strike potential Mining CuEq Tonnes CuEq Cu Mo Au Ag Re Classification Method Cut-Off Kt % % % ppm Ppm ppm Indicated Open Pit 0.75% 7,100 1.5 0.48 0.12 0.27 1.4 2.9 Inferred Open Pit 0.75% 6,200
Slide 7: Why Hammer vs Other Publicly Listed Molybdenum Resources
KalmanHammer Why vs Other Publicly listed Molybdenum Resources Australian Mo Deposits (listed) - Contained T and Grade Contained Tonnes Mo 100000 0.3 0.25 80000 Mo Grade (%) 0.2 * 60000 0.15 40000 0.1 20000 0.05 0 0 Deposit - owner * - Based on global grade-tonnage report for Kalman at a 1.95% CuEq
Slide 8: Kalman - High Grade Mo-Re
Kalman - High Kalman GradeGrade - High Mo-Re Mo-Re High-grade molybdenum and copper-gold zones require future drilling High grade molybdenum & rhenium intersections: • 62m @ 0.65% Mo, 11.4g/t Re, 0.16% Cu, 0.07g/t Au & 1.5g/t Ag (62m at 4.3% CuEq*) from 152m, • Incl. 7m @ 3.44% Mo, 57g/t Re, 0.33% C
Slide 9: Kalman
Kalman Kalman Kalman Conceptual Optimised Pit Shell showing drill traces - looking North West. HAMMER METALS LTD | 9
Slide 10: Kalman – Large System - Open at Depth
Kalman – Large System - Open at Depth Kalman HAMMER METALS LTD | 10
Slide 11: Kalman - High Grade Copper
Kalman - High Kalman GradeGrade - High Copper Copper High-grade copper at depth • Multiple zones, open to the south, very high Copper grades • 7.6m @ 23.4% Cu, 0.5g/t Au & 20g/t Ag from 581.65m in K106A 77m @ 1.4% Cu & 1.3g/t Au from 700m in K106A 53m @ 2.1% Cu & 0.52g/t Au including 25m at 3.8%
Slide 12: Kalman – Next Steps
Kalman – Next Kalman StepsGrade Copper - High • Update earlier scoping-level studies with the improved 2018 copper and molybdenum prices • If results are positive conduct additional drilling to better define and potentially extend the high grade molybdenum zone in the centre of the deposit. HAMMER M
Slide 13: Disclaimer & Competent Person Statements
Disclaimer &Disclaimer & Competent Competent Person Person Statements Statement Disclaimer This presentation by its nature contains summarised information. See Hammer’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available Resource
Slide 14: Kalman Resource Estimate & Notes on Copper Equivalence Calculation
Kalman Kalman Resource Resource Estimate Estimate & Notes on&Copper Equivalence Calculation Notes On Copper Equivalence Calculation 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
Slide 15: Kalman Resource Estimate & Notes on Metallurgical Recoveries
KalmanResource Kalman Resource Estimate Estimate & on & Notes Notes On Metallurgical Metallurgical Recoveries Recoveries Assumed Metallurgical Recoveries Based on the testing completed and the current understanding of the material characteristics it has been assumed that the Kalman material can be p