Mithril Silver And Gold Limited · ASX:MTH

Mithril Silver And Gold — Mithril Resources — Australian Nickel Conference 2009

22 slides from Mithril Silver And Gold's conference presentation, Oct 15, 2009

  1. Slide 1: Mithril Resources – Australian Nickel Conference, October 14th, 2009

    For personal use only October 14th, 2009 ASX: MTH www.mithrilresources.com.au Please note the important disclaimer and competent persons statement at the end of this presentation

  2. Slide 2: Mithril Resources Ltd – Summary Highlights

    Mithril Resources Ltd – Summary HIGHLIGHTS For personal use only  Quality Projects  New nickel and copper prospects at Huckitta Darwin in the Northern Territory;  The leading tenement position in the Musgrave region of South Australia; and  Advanced exploration at Pardoo, host to the Antrim High

  3. Slide 3: Capital Structure

    Mithril Resources Ltd - Summary Capital Structure For personal use only  Shares on Issue 118.8M  Unlisted Options 12.0M  Listed Options 25.0M  Cash ~$7.5M  Market Cap $27.2M Substantial Shareholders)  Minotaur Exploration Limited 16.6%  Consolidated Nickel Pty Ltd 6.9%  Acorn Capital Limited

  4. Slide 4: Huckitta Project and Prospects

    Huckitta Project and Prospects For personal use only Blackadder 3.8%Ni, 9.6%Cu Baldrick 2.3%Ni, 2.4%Cu Manuel Cu-bearing Edmund Gossans 2.6%Cu, 65g/t Ag Elevated Ni & PGE’s Basil Cu-bearing Gossans Miggins Kevin Darling 0.26%Ni, 0.5g/t Pt+Pd 0.14%Ni, 0.18%Cu Percy Elevated Ni, Cu & PGE’s

  5. Slide 5: Huckitta Project Month Summary

    Huckitta Project 12 Month Summary For personal use only  The Blackadder Prospect was identified in September 2008 – the first occurrence of nickel sulphides in the region  Subsequent mapping identified Ni-Cu-PGE mineralisation at a number of locations suggesting a large, fertile magmatic event and

  6. Slide 6: Blackadder-Baldrick Prospect Areas

    Blackadder-Baldrick Prospect Areas Satellite Image For personal use only 2.3%Ni, 2.4%Cu BALDRICK 1.0%Ni, 1.5%Cu EL 25346 EL 25453 3.8%Ni, 9.6%Cu 1.7g/tPGEs, 25g/tAg Blebby Sulphides BLACKADDER Thin section po 1.2%Ni, 0.7%Cu 0.3%Ni, 0.3%Cu pn cpy Drillhole Location 0.6%Ni,Gabbro 1.8%CuOutcrop 0.1mm R

  7. Slide 7: Huckitta Project Regional Targets on Satellite Image

    Huckitta Project Regional Targets on Satellite Image Baldrick For personal use only 2.3%Ni, 2.4%Cu Blackadder 3.8%Ni, 9.6%Cu Manuel Cu-bearing gossans & strong EM anomaly Basil Cu-bearing gossans & strong EM anomalies Edmund Kevin Darling 2.6%Cu, 65g/t Ag 0.14%Ni, 0.18%Cu Elevated Ni & PGE’s Irindin

  8. Slide 8: Basil Copper Prospect

    Basil Copper Prospect VTEM on Satellite Image with Geology Mineralisation extends to the North Amphibolite For personal use only Total strike > 7.5km Mineralised/altered amphibolite Quartz veining w ironstone/Cu Quartz – ironstone lag 0.31% Cu Rotten Hill 400m 0.25% Cu, 2.2 gpt Ag Northern Limit of

  9. Slide 9: Basil Copper Prospect: Ground EM line across Rotten Hill

    Basil Copper Prospect Ground EM line across Rotten Hill For personal use only LINE 531550E Ground EM Profiles – Slingram Mode  Ground EM results have B-field Z Late Time Channels outlined a number of strong conductors at Basil.  This is an example from Rotten Hill where the conductor is directly a

  10. Slide 10: Rotten Hill (looking southwest)

    Rotten Hill (looking southwest) 0.28%Cu, 1.3 gpt Ag For personal use only  Photos show the intensely altered/leached portions of Rotten Hill where copper values range from 0.1%Cu to 2.4%Cu  Rotten Hill is 400m long and up to 40m wide and is part of the Basil Trend

  11. Slide 11: Basil Prospect – looking ESE

    Basil Prospect – looking ESE For personal use only Copper mineralisation over a Copper mineralisation over a strike strike length of 370m length of 250m up to 3%Cu Copper mineralisation in Up to 8.4% Cu ironstone and quartz Rotten Hill alteration ~40m wide Rockchips up to 2.4%Cu

  12. Slide 12: Basil – Basil North & Polly Mineralisation

    Basil – Basil North & Polly Mineralisation For personal use only Rotten Hill Basil

  13. Slide 13: Manuel Copper Prospect

    Manuel Copper Prospect (VTEM on Satellite Image) Secondary Copper in Gossan/ironstone For personal use only HRRC229 7.2%Cu, 11gpt Ag, 0.21gpt Au 8.6% Cu, 2 gpt Ag 2.4% Cu Secondary Copper in Amphibolite Major Crustal Boundary (Approximate) 300m HRRC230 5.1%Cu, 1.3gpt Ag, 0.2 gpt Au

  14. Slide 14: Huckitta Project Regional Targets on Satellite Image

    Huckitta Project Regional Targets on Satellite Image Baldrick For personal use only 2.3%Ni, 2.4%Cu Blackadder 3.8%Ni, 9.6%Cu Manuel Cu-bearing gossans & strong EM anomaly Basil Cu-bearing gossans & strong EM anomalies Edmund Kevin Darling 2.6%Cu, 65g/t Ag 0.14%Ni, 0.18%Cu Elevated Ni & PGE’s Irindin

  15. Slide 15: Miggins Prospect – Leaky Bore EL

    Miggins Prospect – Leaky Bore EL (100% MTH) For personal use only 0.26% Ni, 0.06%Cu and 0.5gpt Pt+Pd Gabbro Felsic Gneiss

  16. Slide 16: Edmund and Kevin Darling Prospects

    Edmund and Kevin Darling Prospects (VTEM on Satellite Image) For personal use only Gabbro with disseminated magmatic sulphides (incl pentlandite) Kevin Darling 0.14%Ni, 0.18%Cu Edmund 2.6%Cu, 65g/t Ag Elevated Ni & PGE’s 500m

  17. Slide 17: Work Program 2009/2010

    Work Program 2009/2010 For personal use only ACTIVITY Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug Geology/Mapping Ground Geophysics Airborne Geophysics Planning/Logistics Drilling  Initial phase of drilling at Blackadder/Baldrick intersects mineralised gabbroic rocks  Drilling has recommenced a

  18. Slide 18: Pardoo Project – WA

    Pardoo Project – WA Mithril earning up to 65% from Segue Resources For personal use only Supply Well 1m @ 1.9%Ni 1m @ 17%Zn Port Hedland Highway - Inferred Resource of 44.7Mt at 0.3%Ni, 0.1%Cu (JORC-compliant)

  19. Slide 19: Highway Deposit Section 38100E

    HIGHWAY DEPOSIT SECTION 38100E For personal use only DHEM - conductivity increases downdip and southwest of DH08HW001 DHEM – off-hole target downdip and southwest of DH08HW001

  20. Slide 20: Directors

    Directors John Roberts (Chairman, Non-Executive Director)  A geologist with over 51 years experience in the mining industry For personal use only  Responsible for Homestake Gold of Australia from 1977 to 1993 (Managing Director from 1987)  Holds a number of board positions in junior exploration c

  21. Slide 21: Summary

    Summary Mithril is well positioned to achieve its mission of discovery and For personal use only development of economic mineral deposits  Excellent Projects - Pipeline of targets  Drilling underway at Huckitta  Dedicated and very capable exploration team  Strong financial position

  22. Slide 22: Important Notices – Disclaimer

    IMPORTANT NOTICES 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 pa

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