Metal Hawk Ltd. · ASX:MHK
Metal Hawk — Shareholder Meeting (November 2023)
20 slides from Metal Hawk's shareholder meeting presentation, Nov 9, 2023
Slide 1: AGM Presentation: Critical Metals Focus in WA
AGM PRESENTATION CRITICAL METALS FOCUS IN WA November 2023 ASX : MHK
Slide 2: Disclaimer
Disclaimer Summary information This Presentation has been prepared by Metal Hawk Ltd (Metal Hawk). This document contains background information about Metal Hawk current at the date of this presentation. The presentation is in summary form and does not purport be all inclusive or complete, it does N
Slide 3: Critical Metals Focus in WA
CRITICAL METALS FOCUS IN WA Metal Hawk is a dedicated explorer focused on early-stage discoveries of critical metals in Western Australia Yarmany Project acquisition complements MHK’s nickel- focused Goldfields portfolio with added Lithium potential ASX : MHK
Slide 4: Since the 2022 AGM…
SINCE THE 2022 AGM… Exploration continued at Berehaven – new gold zone identified Acquisition of IGO’s JV interest in 3 projects Rationalisation of MHK project portfolio – focus on critical metals Successful maiden drill program completed at Fraser South - identified significant REEs Acqui
Slide 5: Company Profile
COMPANY PROFILE ASX : MHK CAPITAL STRUCTURE MAJOR SHAREHOLDERS MHK Shares on issue 79,225,557 IGO Limited 6.9% Options on issue* 27,725,000 Lotaka Pty Ltd 4.8% Cash at bank** $1.1m GKMI Pty Ltd 4.8% D Van der Walt 4.4% Market Cap @ 20c (undiluted) ~$15.8m N Danda 4.1% Enterprise Value $14.7m D Penno
Slide 6: The Yarmany Project
THE YARMANY PROJECT Large 282km2 ground position with 50km of strike along the Ida Fault Located within the Kalgoorlie Terrane, which hosts the most significant Lithium deposits in the Goldfields Lithium prospects and deposits located proximal to the Ida Fault Federal Flag north of Yarmany: 11
Slide 7: The Yarmany Project
THE YARMANY PROJECT UNDEREXPLORED BELT-SCALE POTENTIAL FOR LITHIUM AND NICKEL SULHIDE Option and Earn-In deal with Horizon Minerals Limited (July 23) $26M JV $400k Option fee (cash & shares) MHK to spend A$1m within 2 years to earn 80%* Excellent access and secure tenure Big players & rece
Slide 8: The Yarmany Project
THE YARMANY PROJECT LITHIUM DRILL TARGETS IDENTIFIED ORA BANDA LITHIUM JV Mapping and geochemical surveys 26m FARM-IN highlight lithium potential over highly weathered pegmatites Strongest Li anomalies with elevated pathfinder geochemistry are above F-camp prospect the largest pegmatite at F-cam
Slide 9: Compelling LCT pegmatite drill target at F-camp
Compelling LCT pegmatite drill target at F-camp Swarm of highly weathered pegmatites over several km2 Area represents a very small portion of the Yarmany Project Favourable pathfinder geochemistry above large mapped NW trending pegmatites at F-camp prospect Coincident magnetic signature Ap
Slide 10: The Yarmany Project – F camp prospect
THE YARMANY PROJECT – F camp prospect Lithium and pathfinder geochemistry over main pegmatite body indicates fertility for LCT-mineralisation F-camp pegmatite F-camp pegmatite
Slide 11: The Yarmany Project – F camp prospect
THE YARMANY PROJECT – F camp prospect Soil and rockchip results correlate with large mapped F-camp pegmatite (1km x 140m) F-camp pegmatite F-camp pegmatite
Slide 12: The Yarmany Project – Lithium work plan
THE YARMANY PROJECT – Lithium work plan Compelling LCT pegmatite drill target defined by geochemistry and mapping PoW approvals granted and Heritage Survey complete Maiden drilling at the F-camp prospect to commence imminently Initial AC drilling to define pegmatite geometry and depth of wea
Slide 13: The Yarmany Project - Nickel
THE YARMANY PROJECT - NICKEL NICKEL SULPHIDE DISCOVERY OPPORTUNITY Targeting high-grade Kambalda-style komatiite- hosted nickel sulphide deposits Extensive target zone along the Ida Fault TARGET Underexplored ultramafic target areas to be tested AREAS with simple and systematic modern explorat
Slide 14: The Yarmany Project - Nickel: Priority VTEM Targets
THE YARMANY PROJECT - NICKEL PRIORITY VTEM TARGETS 11 bedrock conductors identified Priority southern conductors favourably situated on ultramafic rock margins Preparations underway for drilling in early 2024
Slide 15: The Berehaven Project
THE BEREHAVEN PROJECT Consolidated tenure (>90km2 ) north of Blair Nickel Mine 10km strike potential of fertile ultramafic rocks Nickel sulphide discovery at Commodore validates geology model and project potential: - 1m @ 5.9% Ni from 144m - 3.4m @ 2.3% Ni from 203.8m - 2.6m @ 2.8% Ni from 212
Slide 16: New gold zone north of Commodore
New gold zone north of Commodore • BVNC065 (Mar 23) tested EOH 1.0g/t Au aircore anomaly • Multiple zones of significant gold intersected • Follow-up RC drilling warranted 16 10
Slide 17: Fraser South Project (REE, Ni-Cu)
Fraser South Project (REE, Ni-Cu) UNTESTED BELT-SCALE POTENTIAL 100% owned tenure (following 51% acquisition from IGO) Structural extension of Albany-Fraser Belt Belt-scale opportunity with consolidated tenure (> 980km2) MHK targeting REE and Ni-Cu sulphides under shallow cover Weathering of gr
Slide 18: Fraser South Project: Maiden Drilling Results
Fraser South Project (REE, Ni-Cu) MAIDEN DRILLING RESULTS 2km wide high-grade zone over 5 consecutive 400m spaced AC holes Several holes ended in mineralisation High-grade REEs at Bozwood prospect: 26m @ 1526ppm TREO from 16m to EOH, incl. 8m @ 3101ppm TREO from 32m 13m @ 1202ppm TREO from
Slide 19: Investment Summary
INVESTMENT SUMMARY LEVERAGED TO EXPLORATION SUCCESS Underexplored quality greenfields projects in WA Yarmany Project adds Lithium to regional discovery portfolio Maiden lithium drilling program to commence imminently Strong pipeline of activity Tightly held with ~79m shares on issue ~$16
Slide 20: www.metalhawk.com.au
www.metalhawk.com.au