By this point, it’s easy to recognize that if a portion of the art is obviously cut out, then there’s probably some kind of sexual activity that’s been censored. To judge by the context, the gross hunter has decided to rape the woman that he has pinned to the ground with his spear, before she is chopped up. 

I tried to find another copy of this story online to compare, but I challenge you to search for this story.

(Heavy Metal Horror Special, 1997 – Page 44 The Flight by Hermann)