Metal Hawk Ltd. · ASX:MHK
Metal Hawk — Investor Presentation (June 2022)
16 slides from Metal Hawk's investor presentation, Jun 3, 2022
Slide 1: Investor Presentation June 2022
Investor Presentation June 2022 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: Metal Hawk is focused on early-stage discovery of nickel and gold in Western Australia
Metal Hawk is focused on early-stage discovery of nickel and gold in Western Australia Active exploration across multiple projects Strong pipeline of activity Recent high-grade nickel and gold discoveries ASX : MHK
Slide 4: Nickel and Gold in Western Australia
NICKEL AND GOLD IN WSA JV WESTERN AUSTRALIA Projects located in Goldfields and Albany-Fraser regions Balanced portfolio of nickel and gold exploration Up to $9.75 million JV expenditure committed - Western Areas (WSA) and Falcon Metals Limited (FAL) CHN JV WSA JV
Slide 5: Company Profile
COMPANY PROFILE ASX : MHK DIRECTORS CAPITAL STRUCTURE Brett Lambert Non-Executive Chairman MHK Shares on issue 54,665,400 Mining Engineer +30 years experience. Current chairman of MCR and STN Will Belbin Managing Director Options on issue* 17,575,000 Exploration Geologist +20 years experience in WA
Slide 6: Eastern Goldfields Projects
EASTERN GOLDFIELDS PROJECTS Underexplored nickel and gold opportunities close to Kalgoorlie Active programs across 3 projects High-grade discoveries of nickel sulphide and gold at Berehaven Western Areas JV nickel exploration activity increasing with significant work programs at Kanowna East
Slide 7: The Berehaven Project
THE BEREHAVEN PROJECT Consolidated tenure (>90km2 ) north of Blair Ni mine 10km strike potential of untested 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
Slide 8: Commodore Discovery
COMMODORE DISCOVERY HIGH GRADE NICKEL AND GOLD Nickel sulphide discovered in second RC hole at Commodore (Sep 21) BVNC002 – 1m @ 5.9% Ni Gold discovered in first diamond hole at Commodore (Feb 22) BVD001 – 5.9m @ 6.7g/t Au and 3.4m @ 2.3% Ni Diamond program completed (May 2022) Results reporte
Slide 9: Commodore – Long Section
COMMODORE – Long Section DIAMOND DRILLING RESULTS CONTINUITY OF GOLD ZONE All holes returned to date intersected significant gold mineralisation: BVD001 - 5.9m @ 6.7g/t Au BVD007 - 2.5m @ 7.4g/t Au BVNCD002 - 1.4m @ 4.1g/t Au BVNCD004 - 0.6m @ 3.7g/t Au BVNCD005 - 0.5m @ 1.6g/t Au Follow-up dril
Slide 10: The Berehaven Project - New Geology Model
STRATEGIC PARTNERS SECURED THE BEREHAVEN PROJECT - NEW GEOLOGY MODEL Previous geology interpretation - no ultramafic at Commodore Multiple untested NNW trending MHK target target zones over 10km of strike trends Extensive drilling and geophysics underway to unlock nickel sulphide potential BLA
Slide 11: Advanced Nickel Sulphide Targets
STRATEGIC PARTNERS SECURED ADVANCED NICKEL SULPHIDE TARGETS EM conductive zone STRONG NI-CU-PGE GEOCHEMISTRY UNTESTED EM CONDUCTORS Drilling confirms previously untested extension of Commodore Ultramafic Ni-Cu-PGE Geochemistry suggests magmatic nickel sulphide source: - 40m @ 0.42% Ni, 234pp
Slide 12: Western Areas Joint Venture (WSA earning 75%)
WESTERN AREAS JOINT VENTURE (WSA earning 75%) $7.0m spend across three projects MHK free carried (25%) to Decision-to-Mine Current focus on Goldfields Projects, Kanowna East and Emu Lake DIAMOND DRILLING - KANOWNA EAST, MARCH 2022
Slide 13: Kanowna East – Untested Fertile Ultramafics
Kanowna East – Nickel (WSA JV) UNTESTED FERTILE ULTRAMAFICS 12km south and along strike of the world-class Silver Swan deposit WSA’s maiden diamond drillhole intersects significant high-MgO ultramafic unit with visible nickel sulphides over >200m thickness Extensive diamond drilling planned - 9km
Slide 14: Norseman Gold Projects
Norseman Gold Projects VIKING GOLD PROJECT Large gold system discovered in 2011 Advanced prospects identified, with only shallow drilling to date Falcon to fund aggressive exploration and may earn a 70% interest by spending $2.75m over 4.5 years NORSEMAN EAST PROJECT Underexplored tenure adjacen
Slide 15: Investment Summary
INVESTMENT SUMMARY LEVERAGED TO EXPLORATION SUCCESS Underexplored Nickel and Gold projects in WA High-grade nickel sulphide and gold discoveries Strong pipeline of activity across multiple projects Substantial Earn-In and JV agreements (WSA and FAL) Tightly held with 54m shares on issue
Slide 16: www.metalhawk.com.au
www.metalhawk.com.au