Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — South Australian Resources & Investment Conference (May 2008)
19 slides from Mithril Silver And Gold's conference presentation, May 2, 2008
Slide 1: South Australia Exploration Update
For personal use only South Australia Exploration Update ASX: MTH SOUTH AUSTRALIAN www.mithrilresources.com.au RESOURCES & INVESTMENT CONFERENCE
Slide 2: 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
Slide 3: Mithril Resources Ltd - Summary
Mithril Resources Ltd - Summary For personal use only “Growth through the discovery and development of nickel/copper sulphide resources” ASX Listed MTH Shares on Issue 47.39M Unlisted Options 3.76M Market Capitalisation $8.5M Cash at hand $3.6M Substantial Shareholders Minotaur Resources Investments
Slide 4: Mithril Resources – Project Location Map
Mithril Resources – Project Location Map For personal use only Excellent portfolio of quality greenfield projects Darwin Nickel sulphide focus Exposure to copper, gold, uranium & mineral sands Pardoo Junction JV Andrew Young Huckitta Bulloo Downs Alice Springs Casey Byro SA Musgrave Brisbane Silver
Slide 5: 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 6: Pardoo Nickel Project, WA
Pardoo Nickel Project, WA ”An excellent fit with Mithril’s exploration and development strategy” For personal use only Highway is untested at depth (>200m) Significant intersections of Ni-Cu at Supply Well EM surveys in progress east and south of highway Drilling to commence in June 2008 Processing
Slide 7: Huckitta Project, NT
Huckitta Project, NT For personal use only Darwin Pardoo Junction JV Andrew Young Huckitta Bulloo Downs Alice Springs Casey Byro SA Musgrave Brisbane Silver Swan Dominion JV North Koonenberry Barton Talia Hill JV Kalgoorlie Perth Cooper Hill Kalli JV Boomey Ceduna JV Adelaide Sydney Coolac Melbourne
Slide 8: VTEM results – EM Channel (B)
VTEM results – EM Channel 34 (B) For personal use only Priority Target Areas Additional Priority Targets INDIANA JV Mithril - BHP Billiton JV (BHP Billiton earning up to 65% ) IVT016 - High conductance targets identified HAMMER HILL JV IVT040 - EM target in BHP Billiton – Mithril - Arafura JV close
Slide 9: Musgrave Province – South Australia
Musgrave Province – South Australia For personal use only Strategic land holding of ~34,000km2 5 tenements granted to date (~3,500km2) Consultations complete on 4 additional ELA’s EL 3939 EL 3940 EL 3942 EL 3941 EL 4047 380/97 54/97 41/97 364/97 (BHP Billiton) 0 200 km
Slide 10: The Musgrave Province
The Musgrave Province: For personal use only a large under-explored block of Proterozoic-aged rocks comprising a diversity of geological environments known nickel sulphide mineralisation associated with the extensive mafic-ultramafic intrusions of the Giles Complex (~1080 Ma) in South Australia, lie
Slide 11: Musgrave Province - Summary
Musgrave Province - Summary For personal use only Initial 4 tenements granted in October 2007 (Barrick JV) A 5th tenement (PMC-Zeil No1) JV was granted in February 2008 Work programs completed to date include; Clearance Surveys Mapping/sampling Ground geophysics Aircore drilling Further mapping and
Slide 12: Musgrave Province – South Australia
Musgrave Province – South Australia For personal use only EL 3939 EL 3940 EL 3942 EL 3941 EL 4047 380/97 54/97 41/97 364/97 (BHP Billiton) 0 200 km
Slide 13: Musgrave Barrick JV (west)
Musgrave Barrick JV (west) Previous exploration activity For personal use only Mt Alvey Prospect 14m@0.42g/t Pt+Pd Incl. 4m@0.91g/t Pt+Pd EL 3942 EL 3941 excluded excluded Previous Work aircore drillhole Historic drillhole 5 km ~90% sand cover Target area Airborne EM with ground follow-up on 11 targ
Slide 14: Musgrave Barrick JV (west)
Musgrave Barrick JV (west) Previous and planned exploration activity For personal use only New Copper Prospect Up to 1.8% Copper Mt Alvey Prospect EL 3942 14m@0.42g/t Pt+Pd EL 3941 Incl. 4m@0.91g/t Pt+Pd EM Target KAN 23 Anomalous Pt-Pd excluded Anomalous Ni-Cu excluded EM Target KAN 19 RTP Magnetic
Slide 15: Mt Alvey Pt-Pd Prospect
Mt Alvey Pt-Pd Prospect Musgrave Province, SA For personal use only Planned PACE 0.15 g/t Pt+Pd funded drillholes 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 Gazetted Tenement
Slide 16: Musgrave Barrick JV (west)
Musgrave Barrick JV (west) Previous and planned exploration activity For personal use only New Copper Prospect Up to 1.8% Copper Mt Alvey Prospect EL 3942 14m@0.42g/t Pt+Pd EL 3941 Incl. 4m@0.91g/t Pt+Pd EM Target KAN 23 Anomalous Pt-Pd excluded Anomalous Ni-Cu excluded EM Target KAN 19 RTP Magnetic
Slide 17: Ground EM Results Kan
Ground EM Results Kan 23 For personal use only Modelled (red) B field data (black) from KAN 23
Slide 18: Mithril Resources – Project Location Map
Mithril Resources – Project Location Map For personal use only Darwin Pardoo Junction JV Andrew Young Huckitta Bulloo Downs Alice Springs Casey Byro SA Musgrave Brisbane Silver Swan Dominion JV North Koonenberry Barton Talia Hill JV Kalgoorlie Perth Kalli JV 10km Cooper Hill Boomey Ceduna JV Adelaid
Slide 19: Summary
SUMMARY For personal use only Active greenfield explorer focused on nickel, copper and PGE’s Advanced exploration at Pardoo, WA Aggressively exploring granted tenure in the SA Musgraves Three drill programs to commence this quarter
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