Mithril Silver And Gold Limited · ASX:MTH

Mithril Silver And Gold — Mithril Resources — Investor Presentation (February 2015)

19 slides from Mithril Silver And Gold's investor presentation, Feb 4, 2015

  1. Slide 1: Stark – An emerging WA Copper Nickel PGE Discovery

    Mithril Resources (ASX: MTH) For personal use only Stark – An emerging WA Copper Nickel PGE Discovery David Hutton | Managing Director | 4 February 2015

  2. Slide 2: Company Snapshot

    Company Snapshot WA Goldfields For personal use only Focused on new Stark Discovery Copper Nickel PGE’s Existing 265Kt copper metal inventory* Stark * Nanadie Well and Basil Copper Deposits attributable copper metal – See Appendix for JORC Information Slide 2

  3. Slide 3: Corporate Summary

    Corporate Summary For personal use only Overview Directors and Management Shares on issue 421 million Graham Ascough Non Executive Chairman Options (unlisted) 22.1 million David Hutton Managing Director Market Cap $2.10M Non Executive Director & Donald Stephens Cash (31/12/2015) $1.25M Company Secre

  4. Slide 4: Meekatharra

    Meekatharra  Stark Prospect and Nanadie Well Copper For personal use only Deposit (151Kt Cu metal) located on the Nanadie Well JV  JV with Intermin Resources (ASX: IRC) whereby MTH can earn 75% by spending $4M over 6 years  Interpreted Stark strike extensions on 100% - owned tenement applications

  5. Slide 5: History

    History  JV agreement executed: December 2013 For personal use only  Key attractions for Mithril: o Regional Setting o Existing extensive mineralisation at Nanadie Well Copper Deposit o Significant exploration upside o Ability to apply new geological ideas  Magmatic nickel sulphides recognised at

  6. Slide 6: Regional Setting

    Regional Setting  The right address For personal use only  Stark occurs adjacent to a crustal scale structure - “Youanmi Shear Zone”  Extends to + 25km depth and has acted as a giant “plumbing system”  Big deposits need big “plumbing systems”  MTH has over 100 kilometres of the Youanmi Shear Zo

  7. Slide 7: Stark Prospect

    Stark Prospect  Mithril discovery - no drilling prior to December 2014 For personal use only  High tenor magmatic sulphides (chalcopyrite - pyrrhotite)  Ground and downhole EM geophysics “sees” the mineralisation  First ever drilling returns strong assay results from each hole drilled:  16m @ 0

  8. Slide 8: High tenor sulphides

    High tenor sulphides Hole ID From Width Cu_% Ni_% Au_g/t Pt_g/t Pd_g/t Au+Pt+Pd_g/t S_% For personal use only NRC14008 182 1 0.13 0.02 0.01 0.02 0.03 0.05 0.58 NRC14008 183 1 0.37 0.07 0.01 0.03 0.11 0.15 1.99 NRC14008 184 1 0.76 0.06 0.03 0.02 0.14 0.19 2.36 NRC14008 185 1 0.45 0.10 0.03 0.04 0.15

  9. Slide 9: Size and grade potential

    Size and grade potential  NRC14003 – 008 cross-section For personal use only  Two RC holes drilled down dip of surface gossan targeting bedrock EM conductor  Multiple mineralised zones including semi massive sulphides at base of a mafic intrusion  Width and grade of mineralisation increasing dow

  10. Slide 10: Size and grade potential

    Size and grade potential For personal use only Target pierce point: Planned diamond drill hole 500 metres Slide 10

  11. Slide 11: Size and grade potential

    Size and grade potential  DHTEM surveying confirms drilled sulphides For personal use only as source of original ground EM conductors NRC14008 DHTEM profile:  Off-hole conductors modelled up to 4000S – Semi massive sulphides at 195m – Good off-hole very high conductance (consistent with response (

  12. Slide 12: Size and grade potential

    Size and grade potential For personal use only 2m @ 1.32%Cu, 0.03%Ni, 0.80g/t PGE’s Magnetic Trend Nanadie Well Copper Deposit (151Kt Cu metal) 11m @ 0.33%Cu, 0.06%Ni, 0.31g/t PGE’s Bedrock EM Conductor Plates 500 metres Stark Gossan Gabbro outcrop boundary Slide 12

  13. Slide 13: Regional potential

    Regional potential  20 kilometres of prospective rocks For personal use only Boundary of MTH ground EM surveys  Directly along strike from Stark Stark – Nanadie Well Deposit  Shallow (≤ 20 metres) cover  No prior drilling or EM geophysics  Multiple untested magnetic targets  Easy access  Reco

  14. Slide 14: Next Steps

    Next Steps  Analysis of selected samples for full PGE For personal use only suite - underway  Diamond drilling - February  Assay Results - March Slide 14

  15. Slide 15: Company Snapshot

    Company Snapshot WA Goldfields For personal use only Focused on new Stark Discovery Copper Nickel PGE’s Existing 265Kt copper metal inventory* Stark * Nanadie Well and Basil Copper Deposits attributable copper metal – See Appendix for JORC Information Slide 15

  16. Slide 16: JORC Information

    JORC Information Nanadie Well Copper Deposit (MTH earning 75%) For personal use only 2004 JORC Code Tonnes Copper % Gold ppm Contained Copper (tonnes) Contained gold (ounces) Classification (Mt) Inferred 36.07 0.42 0.064 151,506 74,233  Refer to Intermin Resources’ ASX Announcement “Initial Resourc

  17. Slide 17: JORC Information

    JORC Information Further details (including JORC 2012 Code Reporting Tables, where applicable) for the information included in this Presentation can be For personal use only found in the following announcements previously lodged with the ASX.  Stark Copper Nickel PGE Discovery - 20.01.2015  Copper

  18. Slide 18: Disclaimer and Competent Persons Statement

    Disclaimer and Competent Persons Statement 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 For personal use only good faith. Certain information in this document has been derived

  19. Slide 19: Contact Details

    Contact Details For personal use only  Website – www.mithrilresources.com.au  Email – admin@mithrilresources.com.au  Phone – 08 8378 8200  Follow us on MithrilResources@MTHResources Slide 19

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