Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — Shareholder Meeting (September 2009)
21 slides from Mithril Silver And Gold's shareholder meeting presentation, Sep 21, 2009
Slide 1: General Meeting – Update
For personal use only ASX: MTH General Meeting – Update www.mithrilresources.com.au September 21st, 2009 Please note the important disclaimer and competent persons statement at the end of this presentation
Slide 2: Mithril Resources Ltd – Summary Highlights
Mithril Resources Ltd – Summary HIGHLIGHTS For personal use only Quality Projects New nickel and copper discoveries at Darwin Huckitta in the Northern Territory The leading tenement position in the Musgrave region of South Australia; Advanced exploration at Pardoo, host to the Antrim Highway
Slide 3: Capital Structure on Completion of Equity Raising
Mithril Resources Ltd - Summary Capital Structure on Completion of Equity Raising* For personal use only Shares on Issue 117.99M Unlisted Options 13.308M Listed Options 25.00M *Placement details announced on August 5th, 2009 Cash on Completion ~$7.5M
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
Slide 5: Huckitta Project Month Summary
Huckitta Project 12 Month Summary For personal use only First occurrence of nickel sulphides identified by Mithril in September 2008 (the Blackadder Prospect) Subsequent mapping identifies Ni-Cu-PGE mineralisation at a number of locations suggesting a large, fertile magmatic event and a potentia
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 1.2%Ni, 0.7%Cu Blebby Sulphides BLACKADDER Thin section po 0.3%Ni, 0.3%Cu 0.6%Ni, 1.8%Cu pn cpy Gabbro Outcrop Rockchip Sample 0.1mm
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
Slide 8: Blackadder & Baldrick Prospects
Blackadder & Baldrick Prospects (Satellite Image) For personal use only • Mineralised gabbroic rocks (assays pending) intersected in the initial phase of drilling at Blackadder and Baldrick. BALDRICK • Downhole EM surveys planned. BARC005 2.3%Ni, 2.4%Cu BARC006 EL 25346 BARC007 EL 25453 BARC001 1.0%
Slide 9: Blackadder Intrusion – Long Section
Blackadder Intrusion – Long Section For personal use only Long Section – looking 20o (north-northeast) WEST EAST BARC002 BARC003 Blackadder Gabbro TARGET AREA 50m BARC004 100m
Slide 10: Huckitta Project – Regional Targets
Huckitta Project – Regional Targets 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 Irindina P rovince (1000
Slide 11: Basil Copper Prospect
Basil Copper Prospect VTEM on Satellite Image with Geology For personal use only Amphibolite Mineralised/altered amphibolite Quartz veining w ironstone/Cu 0.31% Cu Quartz – ironstone lag 400m 0.25% Cu, 2.2 gpt Ag Northern Limit of VTEM Survey 2.4% Cu, 0.17% Co 0.33% Cu I rindina P rovince 0.2% Cu, 3
Slide 12: Basil Copper Prospect – Ground EM line
Basil Copper Prospect Ground EM line across Rotten Hill For personal use only LINE 531550E Ground EM Profiles – Slingram Mode Ground EM results outline a B-field Z Late Time Channels strong conductor associated with altered amphibolite and anomalous copper in rock chip samples Outcrop of Outcrop o
Slide 13: Manuel Copper Prospect
Manuel Copper Prospect (VTEM on Satellite Image) Secondary Copper in Gossan/ironstone For personal use only 7.1% Cu, 11 gpt Ag 5.1% Cu 8.6% Cu, 2 gpt Ag 2.4% Cu Secondary Copper in Amphibolite Major Crustal Boundary (Approximate) 300m
Slide 14: 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
Slide 15: 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. Downhole EM surveys planned
Slide 16: 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 Highway - Inferred Resource of 44.7Mt at 0.3%Ni, 0.1%Cu (JORC-compliant)
Slide 17: 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
Slide 18: Musgrave Province – South Australia
Musgrave Province – South Australia For personal use only Wingellina 86Mt @ 1.23%Ni, 0.09%Co (Laterite – Metals X) WA NT SA Nebo/Babel 396Mt @ 0.3%Ni, 0.3%Cu (BHP Billiton) 0 200 km
Slide 19: Musgrave Barrick JV – Western EL's
Musgrave Barrick JV – Western EL’s (Mithril earning an 80% interest) For personal use only Ni-Cu Sulphide Targets Mt ALVEY PROSPECT 14m@0.42g/t Pt+Pd DEERING HILLS Incl. 4m@0.91g/t Pt+Pd Rare Earth Element Prospect Grabs to 9.3% REE DEERING HILLS VANADIUM-MAGNETITE Grab samples to 0.83%V205, 55.1%Fe
Slide 20: Summary
Summary Mithril is well positioned to achieve its mission of discovery and For personal use only development of economic mineral deposits Excellent Prospects - Pipeline of targets Drilling to re-commence at Huckitta in October Dedicated and very capable exploration team Strong financial posi
Slide 21: 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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