Hammer Metals Limited · ASX:HMX
Hammer Metals — IMARC Conference & Expo 2023
24 slides from Hammer Metals's conference presentation, Nov 2, 2023
Slide 1: Copper Hits Are Just the Beginning…
COPPER HITS ARE JUST THE BEGINNING… Dan Thomas, Managing Director IMARC Conference & Expo | Sydney 31 October – 2 November 2023 ASX: HMX www.hammermetals.com.au 1
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement The announcement of this presentation on the ASX platform has been authorized by Daniel Thomas, It confirms that it is not aware of any new information or data that materially affects the information included Managing Director, Hammer Metals Limited in thos
Slide 3: Exploring two of the world's great metal provinces
Exploring two of the world’s great metal provinces MOUNT ISA PROVINCE One of the world’s 1 4 largest base metals provinces Dominant position in Mount Isa – one of Team that has made world Australia’s most prospective copper class mineral discoveries provinces (3,000sqkm) 2 5 YANDAL GOLD MOUNT ISA Bu
Slide 4: Corporate Snapshot | ASX:HMX
Corporate Snapshot | ASX:HMX 886M $41M $3.4M* Shares on issue Market Cap Cash ASX: HMX At $0.045 (31 Oct 2023) * As at 30 Sept 2023 Board and management with a track record of success Russell Davis +30 years resources experience $36M 17.6 M Unlisted Options Nil Chairman Geologist with exploration an
Slide 5: Copper Hits in 2023
Copper Hits in 2023 In 2023, Hammer has delivered a 40% increase in mineral inventory at Kalman and three new prospects with intersections of >50m at >1% Cu KALMAN HARDWAY – Assays released yesterday 89m at 1.74% CuEq (0.40% Cu and 0.18g/t Au, 0.14% Mo and 2.9g/t Re) 57m at 1.0% copper from surf
Slide 6: Mount Isa Projects
Mount Isa Projects Queensland Hammer is committed to increasing its inventory of >530,000 tonnes of copper equivalent metal* Dual-track strategy to become a copper developer: Discover additional copper and gold inventory near existing JORC Resources. Explore standalone large-scale Iron Oxide C
Slide 7: Kalman – Our cornerstone asset – 100% HMX
Kalman – Our cornerstone asset – 100% HMX Updated JORC Resource Delivered -420kt of Cu Equivalent Metal Indicated and Inferred Mineral Resource Estimate1 of 39Mt @ 0.53% Cu, 0.27g/t Au, 0.10% Mo, 2.1g/t Re (39Mt at 1.1% CuEq Rec). Open pit material represents 71% of the MRE (27.7Mt at 0.90% Cu E
Slide 8: Hardway – Cu REE Discovery
Hardway – Cu REE Discovery Located just 1km north of the Barkly Highway between Mount Isa and Cloncurry 57m at 1.0% copper from surface in HMHWRC012, including: 10m at 2.87% Cu, 0.11g/t Au and 0.09% Total Rare Earth and Yttrium Oxides (TREYO) from 25m 47m at 1% Cu from 14m in HMHWRC017; 43m at
Slide 9: Mount Hope
Mount Hope Multiple targets in a region delivering high grade copper intercepts – new drilling commencing early August Hammer’s tenure on the Mount Hope trend extends over an area approximately 7km long by 1.7km wide and encompasses the former workings at Mount Hope South and South Hope. Four hi
Slide 10: Mount Mascotte
Mount Mascotte Historical Workings from early 1900’s – never drilled. Drilling intercepted a broad zone of mineralisation, likely indicating a south- plunging shoot, with the drill hole terminating in mineralisation. Significant intercepts of: 53m at 1.55% Cu and 0.52g/t Au from 77m in HMMARC008
Slide 11: Yandal Au, Li and Ni Projects
Yandal Au, Li and Ni Projects Western Australia Highly prospective, underexplored land package in the heart of the highly prospective Yandal Gold Belt 260km2 tenement position. Proximal to existing multi-million-ounce resources including the 4Moz Bronzewing1 gold mine & 1.1Moz Orelia gold deposi
Slide 12: Yandal – Early-Stage Lithium Prospects
Yandal – Early-Stage Lithium Prospects Highly encouraging early-stage lithium exploration results 40km east of the world-class Kathleen Valley Lithium-Tantalum Project Reconnaissance rock chip sampling identified a lithium-bearing zone with initial outcropping strike length of approximately 200m.
Slide 13: Hammer Metals: Positioned for Growth and Success
Hammer Metals: Positioned for Growth and Success 1 2 3 4 JORC Equivalent Resources in High impact exploration Committed to replicating past excess of >530kt* of Copper Multiple high-grade Cu/Au targets program partnered with world- success in one of Australia’s most Equivalent Metal with Resource wi
Slide 14: Contact
Contact Daniel Thomas, Managing Director daniel@hammermetals.com.au ASX:HMX @HammerMetals 28-30 Mayfair Street West Perth WA 6005 Phone: +61 8 6369 1195 www.hammermetals.com.au www.hammermetals.com.au 14
Slide 15: South Hope
South Hope 25 metres at 2.41% Cu and 0.47g/t Au from 79m in HMHSRC001* - the first hole at South Hope Follow-up drilling has confirmed additional zones of high-grade copper mineralisation, including: 56m* at 1.12% Cu and 0.2g/t Au from 18m , in HMHSRC007, including: 15m* at 3.47% Cu and 0.7g/t
Slide 16: Kalman Cu/Au/Mo/Re Deposit
Kalman Resource Kalman Cu/Au/Mo/Re Deposit Extension Drilling New drilling has confirmed Cu/Au/Mo/Re mineralisation to the north of the existing JORC Resource at Kalman 89m at 0.40% Cu and 0.18g/t Au, 0.14% Mo and 2.9g/t Re (1.74% CuEq) from 143m in K-153*; including 24m at 0.44% Cu, 0.29g/t Au,
Slide 17: Molybdenum
Molybdenum Molybdenum is a heat-resistant metal, perfect as an alloy, strengthening steel for use in critical applications Molybdenum is a critical mineral and is playing an important role in the move to clean green technologies. Uses and applications for Molybdenum include stainless steel utili
Slide 18: Ajax – High Grade Cu-Au
Ajax – High Grade Cu-Au Significant prospective sulphide horizon identified with high grade copper intercepts Situated along the highly-prospective Trafalgar-to-Elaine trend (13km), with numerous Cu/Au prospects. Best drilling at Ajax returned an intercept of: 11m at 5% Cu and 2.5g/t Au from 24m
Slide 19: North Orelia - Successful drilling to date
North Orelia - Successful drilling to date Yandal Gold Project Mineralisation over a 2km strike length within multiple structures Drilling at Orelia North Target 1 provided prospective shallow gold results including1: 8m at 4.2g/t Au from 20m in BWSRC0025 including: 1m at 27.1g/t Au from 26m
Slide 20: Bronzewing South – A New Perspective
Bronzewing South – A New Perspective Yandal Gold Project Lightly explored, adjacent to world-class orebody 5km strike length has multiple high-priority targets highlighted by geochemical, geophysical and structural analysis Limited exploration exceeding 100m depth across the property (29 RC/DD h
Slide 21: Kalman Resource Estimate & Notes on Copper Equivalence Calculation
Kalman Resource Estimate & Notes on Copper Equivalence Calculation and Metallurgical Recoveries The Kalman Mineral Resource Estimate was updated in May 2023 in accordance with the JORC Code (2012 Edition). (Refer to the ASX Release dated 8th May 2023 for full details of the Resource Estimate.) The c
Slide 22: Overlander Mineral Resource Estimate Jubilee Mineral Resource Estimate
Overlander Mineral Resource Estimate Jubilee Mineral Resource Estimate The 100%-owned Overlander Project is situated 60 kilometres to the southeast of the mining centre of Mount Isa in North West The 51%-owned Jubilee Deposit is situated 50 kilometres west of Mount Isa in North West Queensland and 6
Slide 23: Elaine Project and Mt Philp Mineral Resource Estimate
Elaine Project Mineral Resource Estimate & Notes Mt Philp Mineral Resource Estimate Copper Eqv Calculation & 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 48 di
Slide 24: Lakeview Mineral Resource
Lakeview Mineral Resource The 100%-owned Lakeview Deposit is situated within EPM26775, approximately 50 kilometres west of Mount Isa in North West Queensland. The Lakeview Deposit occurs within the Mary Kathleen Fold Belt of the Eastern Succession of the Mount Isa Inlier. The deposit is hosted by th