Slide 1: Excellence in Mining & Exploration 2008
For personal use only Excellence in Mining & Exploration 2008 ASX: MTH www.mithrilresources.com.au September 14th, 2008 Please note the important disclaimer notice at the end of this presentation
Slide 2: Mithril Resources Ltd - Summary
Mithril Resources Ltd - Summary q Mineral explorer with a leading tenement position in the prospective Musgrave region of South For personal use only Australia q Advanced exploration at Pardoo, host to the Highway Resource (44.7Mt at 0.3%Ni, 0.1%Cu ) q Experienced board and management team with stro
Slide 3: Mithril Resources Ltd - Projects
Mithril Resources Ltd - Projects For personal use only Darwin Pardoo Junction JV Andrew Young Huckitta Alice Springs Casey SA Musgrave Brisbane Silver Swan Dominion JV North Barton Perth Cooper Hill Talia Hill JV Kalgoorlie Ceduna JV Kalli JV Sydney Adelaide Canberra Melbourne
Slide 4: Huckitta Project Location, NT
Huckitta Project Location, NT For personal use only N HAMMER HILL JV BHP Billiton – Mithril - Arafura JV TANAMI JV (Mithril and BHPB Earning up to 70%) Mithril – Tanami JV (Mithril Earning up to 80%) PLENTY HWY HARTS RANGE JV Mithril – Oklo JV (Mithril Earning up to 80%) Blackadder Prospect INDIANA
Slide 5: Blackadder Ni-Cu Prospect, NT
Blackadder Ni-Cu Prospect, NT For personal use only 3.8%Ni, 9.6%Cu GABBRO ? 0.5%Ni, 0.2%Cu 1.2%Ni, 0.5%Cu 0.6%Ni, 1.8%Cu 1.4%Ni, 4.7%Cu ? 1.2%Ni, 0.7%Cu METASEDIMENTS 0.3%Ni, 0.3%Cu 100m
Slide 6: Musgrave Province – South Australia
For personal use only Musgrave Province – South Australia WA NT SA Nebo/Babel 396Mt @ 0.3%Ni, 0.3%Cu (BHP Billiton) 0 200 km
Slide 7: The Musgrave Province
The Musgrave Province: q A large under-explored block of Proterozoic-aged rocks comprising a For personal use only diversity of geological environments q Nickel sulphide mineralisation is associated with the extensive mafic- ultramafic intrusions of the Giles Complex (~1080 Ma) q In South Australia,
Slide 8: Musgrave Barrick JV – Western EL's
Musgrave Barrick JV – Western EL’s For personal use only Mt Alvey Prospect 14m@0.42g/t Pt+Pd Incl. 4m@0.91g/t Pt+Pd DEERING HILLS VANADIUM MAGNETITE
Slide 9: Mt Alvey Pt-Pd Prospect
Mt Alvey Pt-Pd Prospect Musgrave Province, SA For personal use only Mt Alvey East MAD001 4m @ 0.9g/t Pt+Pd 0.15 g/t Pt+Pd Mt Alvey East MAD002 assays pending Mt Alvey Prospect 14m @ 0.42g/t Pt+Pd Incl. 4m @ 0.91g/t Pt+Pd 0.17 g/t Pt+Pd 0.08 g/t Pt+Pd 500m MITHRIL ELA
Slide 10: Deering Hills Vanadium-Magnetite Prospect
Deering Hills Vanadium-Magnetite Prospect For personal use only 0.77%V205, 54.3%Fe 0.72%V205, 53.9%Fe 0.79%V205, 53.6%Fe 0.56%V205, 55.5%Fe 0.83%V205, 55.1%Fe 0.71%V205, 53.5%Fe 0.73%V205, 53.7%Fe 0.48%V205, 55.3%Fe 1 km Australian Vanadium-Magnetite Deposits q Balla Balla (Aurox Resources Ltd) 103M
Slide 11: Pardoo Nickel Project
Pardoo Nickel Project Mithril Earning up to 65% from Segue Resources Ltd For personal use only Supply Well 1m @ 1.9%Ni 1m @ 17%Zn Highway - Inferred Resource of 44.7Mt at 0.3%Ni, 0.1%Cu (JORC-compliant) 0 5 km
Slide 12: Pardoo Nickel Project
Pardoo Nickel Project Mithril Earning up to 65% from Segue Resources Ltd q Scope to increase tonnage and grade at Highway For personal use only q Significant exploration potential q 4 drillholes completed ( ) - assays pending q Processing options under review 1VD Magnetics Highway - Inferred Resourc
Slide 13: Pardoo Nickel Project - Objectives
Pardoo Nickel Project - Objectives For personal use only q Discover new mineralisation outside the existing resource area q Identify higher grade zones (>1% nickel) within and around the Highway Deposit q Evaluate processing options for Highway Resource and unlock the value of the ~130,000 tonnes co
Slide 14: Pardoo – Highway Drill Plan
Pardoo – Highway Drill Plan For personal use only DD08HW001 DD08HW002
Slide 15: Highway Deposit Section 38100E
For personal use only Highway Deposit Section 38100E 1.8% Ni/ 1m
Slide 16: Highway Deposit Section 37900E
For personal use only Highway Deposit Section 37900E 1.5m @ 5.2ppm Au, 1.0% Cu
Slide 17: Mithril Resources Ltd - Summary: Capital Structure
Mithril Resources Ltd - Summary For personal use only Capital Structure q Shares on Issue 47.39M q Unlisted Options 3.76M q Market Capitalisation (@$.15) $7.1M q Investments (10.6% of ASX:BVE) $1.0M Substantial and Large Shareholders q Minotaur Resources Investments Pty Ltd 18.8% (8.9M) q Consolidat
Slide 18: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Mithril Resources Limited (Mithril). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though M