Mithril Silver And Gold Limited · ASX:MTH

Mithril Silver And Gold — Mithril Resources — Australian Nickel Conference 2007

25 slides from Mithril Silver And Gold's conference presentation, Oct 25, 2007

  1. Slide 1: A Nickel Sulphide Explorer

    A Nickel Sulphide Explorer For personal use only Australian Nickel Conference Perth October 24th, 2007 www.mithrilresources.com.au

  2. Slide 2: Mithril Resources - Summary

    Mithril Resources - Summary For personal use only ƒ Greenfield Nickel Explorer ƒ Strong Project Portfolio – Large landing holding, >50,000 km2 – Focus on emerging nickel belts ƒ Active Exploration Programme for FY 2008 ƒ Experienced Corporate & Exploration Team 2

  3. Slide 3: Mithril Resources Ltd - Summary

    Mithril Resources Ltd - Summary For personal use only “Growth through the discovery and development of nickel sulphide resources” ƒ ASX Listed MTH ƒ Outstanding Shares 47.1M ƒ Market Cap $13.1M ƒ Cash on hand $4.8M ƒ Substantial Shareholders – Minotaur Resources Investments Pty Ltd 18.9% – Consolida

  4. Slide 4: Mithril Resources – Location Map

    Mithril Resources – Location Map For personal use only Darwin Huckitta: 5000 line km VTEM Survey Junction JV Tanami JV Andrew Young Hammer Hill JV Bulloo Downs Indiana JV Alice Springs 4 Tenements Granted Casey Byro SA Musgrave 2000m Drill Program Brisbane Underway Ni Sulphides Dominion JV Intersect

  5. Slide 5: Musgrave Province – South Australia

    Musgrave Province – South Australia ƒ Strategic land holding of ~34,000km2 For personal use only ƒ 4 tenements granted October, 2007 ƒ Consultations on 4 additional tenements EL 3939 EL 3940 EL 3942 EL 3941 52/97 380/97 54/97 41/97 (BHP Billiton) 5

  6. Slide 6: Musgrave Province - Summary

    Musgrave Province - Summary ƒ Mithril’s exploration land holding includes four recently granted For personal use only tenements and 24 exploration licence applications comprising 34,000km2 ƒ The Musgrave Province: – is a large under-explored block of Proterozoic-aged rocks comprising a diversity of

  7. Slide 7: Musgrave Province – South Australia

    Musgrave Province – South Australia ƒ Strategic land holding of ~34,000km2 For personal use only ƒ 4 tenements granted October, 2007 ƒ Consultations on 4 additional tenements EL 3939 EL 3940 EL 3942 EL 3941 52/97 380/97 54/97 41/97 (BHP Billiton) 7

  8. Slide 8: Musgrave Barrick JV (west)

    Musgrave Barrick JV (west) Previous and planned exploration activity For personal use only EL 3942 Alvey Pt-Pd EL 3941 Prospect excluded excluded ƒ Previous Work Planned RAB drillhole 5 km – ~90% sand cover Historic drillhole Target area – Airborne EM with ground follow-up on 11 targets Mapped mafic

  9. Slide 9: Alvey Pt-Pd Prospect – Musgrave Province, SA

    Alvey Pt-Pd Prospect – Musgrave Province, SA ƒ Pt-Pd prospect 800m west of For personal use only Mithril’s tenement boundary ƒ Within a small area excluded from, but enclosed by EL 3942 15m @ 0.72 g/t Pt+Pd RC00ALP001 ƒ Discovered in 2000 ƒ 3 RC holes completed e rit spanning a strike length of No 3

  10. Slide 10: Musgrave Barrick JV (west)

    Musgrave Barrick JV (west) Previous and planned exploration activity For personal use only EL 3942 Alvey Pt-Pd EL 3941 Prospect excluded excluded RTP Magnetic Image Planned RAB drillhole 5 km ƒ Mithril’s planned work programme Historic drillhole – Aircore drilling across magnetic bodies Target area

  11. Slide 11: Musgrave Barrick JV (east)

    Musgrave Barrick JV (east) Previous exploration activity For personal use only ƒ Previous exploration limited to stream sediment sampling and limited ground follow-up ƒ Geochem target in the east has not been explained ƒ ~80% outcrop and a good candidate for EM Ni in Stream Sediment (ppm) Mapped maf

  12. Slide 12: Musgrave Barrick JV (east)

    Musgrave Barrick JV (east) Previous exploration activity For personal use only ƒ Previous exploration limited to stream sediment sampling and limited ground follow-up ƒ Geochem target in the east has not been explained ƒ ~80% outcrop and a good candidate for EM RTP Magnetic Image Ni in Stream Sedime

  13. Slide 13: SA Musgrave - Magnetics

    SA Musgrave - Magnetics Tenements Under Negotiation with APY For personal use only ELA52/97 (Mithril/PMC) ELA380/97 (Mithril/Integra) ELA54/97 (Mithril/PMC) PepinNini’s Mt Harcus Project Sulphide-bearing mafic rocks intersected in drilling (Aug 07) 0 30km 13

  14. Slide 14: Mithril Resources – Location Map

    Mithril Resources – Location Map For personal use only Darwin Junction JV Tanami JV Andrew Young Hammer Hill JV Bulloo Downs Indiana JV Alice Springs Casey Byro SA Musgrave Brisbane Dominion JV Silver Swan Barton Talia Hill JV North Kalgoorlie Perth Cooper Hill Kalli JV Boomey Koonenberry Ceduna JV

  15. Slide 15: Huckitta Project - Magnetic (1VD) Image

    Huckitta Project - Magnetic (1VD) Image ƒ Target: magmatic Ni-Cu sulphides in For personal use only mafic/ultramafic intrusions ƒ Excellent geodynamic environment. ƒ Promising geochemical and geophysical results to date. 0.3% Ni, 750ppm Cu (rock chip) 0.54% Ni 0.7% Ni (rock chip) (rock chip) 1084ppm

  16. Slide 16: Huckitta – VTEM Coverage

    Huckitta – VTEM Coverage For personal use only 0.3% Ni, 750ppm Cu (rock chip) 0.54% Ni (rock chip) 1084ppm Cu, 619 ppm Ni 0.7% Ni (Mag Lag) (rock chip) 16

  17. Slide 17: Preliminary VTEM results are positive

    Preliminary VTEM results are positive ƒ 5000 l-km survey complete For personal use only ƒ Several late-time, discrete bedrock conductors outlined in field data ƒ Ground EM and mapping to Early Time B-field commence this week Mid Time B-Field Late Time B-Field 17

  18. Slide 18: Huckitta Project – VTEM Profiles (Preliminary data)

    Huckitta Project – VTEM Profiles (Preliminary data) For personal use only Early Time B-field Mid Time B-Field Late Time B-Field Magnetics 500m 18

  19. Slide 19: Mithril Resources – Location Map

    Mithril Resources – Location Map For personal use only Darwin Junction JV Tanami JV Andrew Young Hammer Hill JV Bulloo Downs Indiana JV Alice Springs Casey Byro SA Musgrave Brisbane Dominion JV Silver Swan Barton Talia Hill JV North Kalgoorlie Perth Cooper Hill Kalli JV Boomey Koonenberry Ceduna JV

  20. Slide 20: Dominion JV – South Australia

    Dominion JV – South Australia For personal use only Challenger ƒ Located 740km northwest of Mine Site Adelaide Target: Mafic ƒ Numerous mafic-ultramafic Ultramafic Bodies bodies identified ƒ Compares favourably to the Thompson Ni Belt, Canada ƒ Covers 3332 Km2 ƒ Limited nickel exploration ƒ Mithril

  21. Slide 21: Dominion JV – Aristarchus Area Magnetics

    Dominion JV – Aristarchus Area Magnetics ƒ Nickel sulphides identified DMDD002 For personal use only ƒ Large mafic body untested 0.45m @ 0.16%Ni & 0.23g/t Pt-Pd ƒ Anomalous Ni-Cu-Pt values ƒ Downhole/Ground EM in DMDD003 progress DMDD001 Aristarchus 2006 Ground EM Coverage AEM Anomaly Anomalous nick

  22. Slide 22: Mithril Resources – Location Map

    Mithril Resources – Location Map For personal use only Darwin Junction JV Tanami JV Andrew Young Hammer Hill JV Bulloo Downs Indiana JV Alice Springs Casey Byro SA Musgrave Brisbane Dominion JV Silver Swan Barton Talia Hill JV North Kalgoorlie Perth Cooper Hill Kalli JV Boomey Koonenberry Ceduna JV

  23. Slide 23: Silver Swan North JV

    Silver Swan North JV Mithril, BHP Billiton and FerrAus JV For personal use only 23

  24. Slide 24: Silver Swan North JV – Proposed Drilling

    Silver Swan North JV – Proposed Drilling (Blue) For personal use only SNDD020 SNDD021 SNDD023 SNDD022 l Depth e @ 470m Vertica TMI Im ag 24

  25. Slide 25: Mithril Resources Ltd - Summary

    Mithril Resources Ltd - Summary For personal use only ƒ Strong portfolio of quality greenfield projects – Nickel focus – Exposure to copper, uranium & mineral sands ƒ Aggressive exploration programme underway – Currently drilling at Silver Swan North – Access to granted tenements in the SA Musgraves

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