Slide 1: Proposed Acquisition - Bronzewing South Gold Project Technical Presentation
Share Price (30/4/2019) $ 0.026 Hammer Metals Limited Shares on Issue Market Cap 314m $8.16m ABN. 87 095 092 158 Options Listed 183m Options unlisted 32m Significant Shareholders Proposed Acquisition - Bronzewing South Gold Project Deutsche Rohstoff 13% Resource Capital Fund VI 9.3% Management 8.8%
Slide 2: Positioned in Two of the World's Great Metal Provinces
Positioned in Two of the World’s Great Metal Provinces Yilgarn Province Mount Isa Province Au Cu-Au-Mo-Re • Bronzewing South • 2,500km2 tenement holding in largest base metal province in • Proposed acquisition the world subject to shareholder approval * • Copper-gold-cobalt- molybdenum JORC2012 • Lo
Slide 3: Strategy – Discovery of Tier 1 Gold and Base Metal Deposits
Strategy – Discovery of Tier 1 Gold and Base Metal Deposits Where ? – Two World Class Mining Districts Who ? - Experienced & successful team of explorers • Mount Isa Mining District (QLD) + Eastern Goldfields • Russell Davis (Founding director of Gold Road Limited, (WA) Syndicated Metals Limited and
Slide 4: Bronzewing South Gold Project Acquisition (subject to shareholder approval)
Bronzewing South Gold Project Acquisition (subject to shareholder approval) • Located in the heart of 24 Moz Yandal Belt • 111km2 of 100% - owned granted tenements • Project covers target corridors of multi-million ounce Mt McClure and Bronzewing Deposits • Adjacent to 2mtpa treatment plant at Bronz
Slide 5: Terms of Acquisition
Terms of Acquisition • Purchase of 100% of issued shares in Carnegie Exploration Pty Ltd. Carnegie Exploration Pty Ltd is the registered holder of 7 granted tenements which constitute the Bronzewing South Project. Bronzewing South Tenement Schedule • Consideration for the acquisition is fully paid o
Slide 6: Proposed Gold Project Acquisition – Bronzewing South
Proposed Gold Project Acquisition – Bronzewing South • The Bronzewing South Project tenements are located immediately south of the Bronzewing gold mine and to north of the Lotus & Orelia mines • The key exploration target is the Bronzewing Mine mineralised corridor extending over 5km of strike lengt
Slide 7: Bronzewing South – Targets
Bronzewing South – Targets Bronzewing Trend • 5km strike length – multiple targets • Bronzewing is composed of multiple steeply plunging orebodies which are elongated in the east-west direction within a north-south target corridor. • Hammer interprets that the orientation of previous drilling was no
Slide 8: Bronzewing South – Geology and Structure
Bronzewing South – Geology and Structure • Structural repetition * • Interaction of northeast trending structures with north-south trending structures • Significant anomalism associated with axis of Bronzewing anticline. Lithological or structural zones coincident with fold axes are high priority ta
Slide 9: Bronzewing South – Targets
Bronzewing South – Targets • Numerous zones of gold anomalism occur within the regolith in the target corridor to the south of the former Bronzewing Deposit • Similar shallow zones of anomalism led to the discovery of the Bronzewing Deposit • In the Bronzewing South tenement area these surficial zon
Slide 10: Orelia Trend – Targets
Orelia Trend – Targets Orelia Trend • 14km strike length – multiple targets in three main trends • Along strike from former Cockburn and Lotus Pit Lotus Pits (former Mt McClure Operation) held by Echo Resources and the underlying 1.1 Moz Orelia Resource. • Significant intersections include: * Echo R
Slide 11: Bronzewing South – Proposed Program
Bronzewing South – Proposed Program 1. Re-process aeromagnetic data to remove shallow-high frequency responses from magnetite-rich paleochannels that obscure the Bronzewing target corridor in order to improve structural interpretation 2. Undertake an Induced Polarisation (IP) Survey to assist in the
Slide 12: Directors and Management
Directors and Management The Hammer board has extensive technical and corporate experience Russell Davis Ziggy Lubieniecki Nader El-Sayed Mark Whittle Mark Pitts Chairman Director Director Chief Operating Officer Company Secretary BSc (Hons) MBA MAusIMM, AICD BSc MAIG B.Comm, MA, CA BSc Geol Hons, M
Slide 13: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement Disclaimer This presentation by its nature contains summarised information. Please refer to Hammer’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au for more informati