onlyusePositioned for Growth & Success
Copper-gold exploration in the world-class Mt Isa district, North Queensland ersonal
Dan Thomas, Managing Director l March 2022
ASX: HMX
@HammerMetals
www.hammermetals.com.au
Disclaimer and Competent Persons Statement
The announcement of | this presentation on the ASX platform has been | authorised | by Daniel Thomas, | It confirms that it is not aware of any new information or data that materially affects the information included | ||
in those announcements and all material assumptions and technical parameters underpinning the resource | ||||||
Managing Director, Hammer Metals Limited | ||||||
estimates with those announcements continue to apply and have not materially changed. | ||||||
Disclaimer | The Minerals Resource Estimates shown for Mt Philp and Elaine were prepared and disclosed by previous | |||||
owners refer to attached Mineral Resource Estimate Appendices | ||||||
This presentation by | its nature contains summarised information. See | Hammer's | other periodic | and | The information in this presentation that relates to Exploration Results or Mineral Resources is based on | |
co tinuous disclosure announcements lodged with the Australian Securities Exchange, which are available at | information compiled by Mark Whittle who is a fellow of the Australian Institute of Mining and Metallurgy | |||||
www.asx.com.au for more information. | and an employee of Hammer Metals Limited. Mr Whittle has sufficient experience which is relevant to the | |||||
Within this presentation there may be certain forward- looking statements, opinions and estimates. These are | style of mineralisation under consideration to qualify as a Competent Person as defined in the 2012 Edition | |||||
onlybased on assumptions and contingencies which are subject to change without notice and are not guarantees of | of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" (The | |||||
future performance. Hammer assumes no obligation to update such information. Recipients of this document | JORC Code). Mr Whittle consents to the inclusion in the presentation of the matters based on their | |||||
are cautioned to not place undue reliance on such forward-looking statements. | information in the form and context in which it appears. | |||||
To the extent permitted by law, Hammer and its officers, employees, related bodies corporate and agents | Mr Whittle has an interest in Hammer Metals Limited shares and options. | |||||
disclaim all liability, direct, indirect or consequential for any loss or damage suffered by a recipient or other | The information in this report that relates to previous exploration results was prepared and first disclosed | |||||
per ons arising out of, or in connection with, any use or reliance on this presentation or information. | under a pre-2012 edition of the JORC code. | |||||
Competent Persons Statements | The data has been compiled and validated. It is the opinion of Hammer Metals that the exploration data is | |||||
Certain exploration drilling results relating to the Mount Isa Project were first disclosed under JORC code | reliable. Nothing has come to the attention of Hammer Metals that causes it to question the accuracy or | |||||
2004 and have not been updated since to comply with the JORC Code 2012 on the basis that the information | reliability of the historic exploration results. | |||||
usehas not materially changed. | In the case of the pre-2012 JORC Code exploration results, they have not been updated to comply with | |||||
Resource Estimates | 2012 JORC Code on the basis that the information has not materially changed since it was last reported. | |||||
ersonal | ||||||
Where the Company refers to Mineral Resource Estimates for the following projects: | ||||||
- the Kalman Deposit (refer ASX 27 Sept 2016); | ||||||
- the Overlander North and South Deposit (refer ASX 26 Aug 2015); and | ||||||
- the Jubilee Deposit (refer ASX 21 December 2018). | ||||||
www.hammermetals.com.au | @ H a m m e r M e t a l s | 2 |
Positioned in two of the world's great metal provinces
only1 use2
4 | |||
Quality copper and gold exploration | Team that has made world | ||
portfolio | class mineral discoveries | ||
5 | |||
Building copper inventory: | Dominant position in Mt Isa - one of | ||
>400kt of copper equivalent JORC | Australia's most prospective copper | ||
Resources | provinces (~2,600sqkm) | ||
MOUNT ISA PROVINCE
One of the world's
largest base metals provinces
MT ISA
YANDAL GOLDPROJECT PROJECT
ersonal3
Recent copper discoveries
in Queensland
6 |
Fully funded for upcoming exploration |
programs |
YANDAL GOLD PROVINCE
24Moz of gold produced
Corporate Snapshot | ASX:HMX
BOARD AND MANAGEMENT WITH A TRACK RECORD OF SUCCESS
Russell Davis | +30 years resources experience |
Chairman | Geologist with exploration and development experience |
BSc (Hons) MBA, MAusIMM,AICD | Founding Director and NED of Gold Road Resources |
Daniel Thomas | +20 years business development experience |
only |
815M
Shares on issue
ASX: HMX
$74M
Enterprise Value
$82M
Market Cap
At $0.10 (18 Mar 2022)
26.9 M
Unlisted Options
Av. Ex Price $0.043; brings in additional $1.2m
$8.0M
Cash
As at 31 Dec 2021
Nil
Debt
As at 31 Dec 2021
Managing Director | Industrial Chemist with corporate development experience |
BSc, MBA | Previously Business Development Manager Sandfire Resources |
Ziggy Lubieniecki | +30 years resources experience |
Geologist with exploration and mine management experience | |
Non-Executive Director | Credited with the discovery of Gruyere Gold Deposit (+6.5Moz) |
BSc, MAIG | |
AMEC Prospector of the Year 2015 | |
use | +20 years experience in Mergers and Acquisitions |
David Church | Lawyer with international experience in corporate transactions |
Non-Executive Director | |
Consultant providing general counsel and M&A services to | |
B.Comm, MA, CA | |
Regent Pacific Group | |
Mark Whittle | +30 years resources experience |
Chief Operating Officer | Geologist with 10 years experience in the Mount Isa Region |
BSc (Hons), MSc, FAusIMM, AICD | Previously Exploration Manager of Syndicated Metals |
Mark Pitts | +30 years corporate experience |
Accountant with commercial, corporate finance and public | |
Company Secretary | |
practice experience in Australia and overseas. | |
B.Bus, FCA, GAICD | |
ersonal | Partner in corporate advisory firm, Endeavour Corporate |
www.hammermetals.com.au | |
CAPITAL BREAKDOWN
13%
Directors
48%
Others
HMX TRADING | Volume | Closing Price | ||
25 | ||||
15 | ||||
20 | (mil.) | |||
10 | 15 | |||
(c) | ||||
Price | 5 | 10 | Volume | |
5 | ||||
0 | 0 |
Mt Isa Projects
Queensland
Hammer is committed to increasing its inventory of >400,000 tonnes of copper equivalent metal
Dual-track strategy to become a copper developer:
| Discover additional copper and gold inventory near existing JORC |
only | Resources |
Explore standalone large-scaleIron Oxide Copper Gold (IOCG) | |
deposits |
| Recent extensions to Kalman deposit plus multiple Cu-Au discoveries |
at Ajax, Lakeview, Neptune and Trafalgar (Mt Isa East JV) | |
| Joint Venture with major copper producer, Sumitomo Metal Mining ("SMM") |
useover ~290km2 area ($6m expenditure to earn 60%) |
Dominant land holding (~2,600sqkm) in one of Australia's most exciting copper explorations provinces
Deposit | Tonnes | CuEq | Cu | Au | Co | Mo | Re | Fe | Comment | ||
Mt | % | % | g/t | % | % | g/t | % | ||||
Kalman | 20.0 | 1.80 | 0.61 | 0.34 | - | 0.14 | 3.7 | - | 0.75% Cu Eq cut-off | ||
Jubilee | 1.4 | - | 1.41 | 0.62 | - | - | - | - | 0.5% | Cu cut-off | |
(51% HMX) | |||||||||||
Elaine | 9.3 | 0.95 | 0.82 | 0.19 | - | - | - | - 0.7% | Cu Eq cut-off | ||
Ove lander | 1.8 | - | 1.20 | - | 0.05 | - | - | - | 0.7% | Cu cut-off | |
Mount Philp | 30.5 | - | - | - | - | - | - | 39 | |||
hammermetals | |||||||||||
ersonal | |||||||||||
Highly prospective ~2,600km2 tenement holding
m e r M e t a l s | 5 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Hammer Metals Limited published this content on 22 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 00:32:14 UTC.