Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — Rising Stars Conference 2012
20 slides from Mithril Silver And Gold's conference presentation, Oct 2, 2012
Slide 1: Conference Presentation
For personal use only Conference Presentation 2nd October 2012 David Hutton, Managing Director
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Mithril Resources Limited (Mithril). The information contained in this presentation is a professional opinion For personal use only only and is given in good faith. Certain information in this document has been derived from third parties and though M
Slide 3: Company Summary
Company Summary For personal use only Mithril Resources – an established Australian resources company exploring for the next generation of mineral deposits within emerging and proven mineral provinces Focussed boots on ground explorer Copper, gold and nickel exposure Strong cash position 151Kt Coppe
Slide 4: Corporate Summary
Corporate Summary (ASX: MTH) Shares on issue - 219.6 million (+ 19.3 million unlisted Options) For personal use only Cash - $5.55M (at 30 June 2012) Market Cap - $10.98M (at 5 cents) Investments - 7.68% of Musgrave Minerals (ASX: MGV) Top 40 hold 49% (Minotaur Resources – 10% and Lion Selection – 4%
Slide 5: Eastern Arunta - Huckitta and Yambah Projects
Eastern Arunta - Huckitta and Yambah Projects For personal use only Page 5
Slide 6: Huckitta and Yambah Projects
Huckitta and Yambah Projects (MTH - 100% and JV’s) For personal use only ~ 5,000kms² area east and north of Alice Springs, NT Plenty Highway Copper, gold, and nickel prospectivity First mover advantage Basil Copper Deposit (26.5Mt @ 0.57% copper, 0.05% cobalt – 151Kt copper metal) Illogwa iron oxide
Slide 7: Target Area (MTH 80% - CAZ 20%)
Illogwa IOCG Target Area (MTH 80% - CAZ 20%) 500kms² area - 30 kms south of Basil Deposit For personal use only Only recognised early 2011 – WITH NO PREVIOUS DRILLING Outcropping copper – gold mineralisation throughout extensive soil cover Structurally controlled mineralisation with strong IOCG char
Slide 8: Lay of the land
Illogwa IOCG – lay of the land For personal use only Quartz – haematite alteration at the Austin Prospect (looking southeast) Page 8
Slide 9: Outcropping copper mineralisation
Illogwa IOCG – outcropping copper mineralisation For personal use only Copper (malachite) mineralisation (green colour) at the Bigglesworth Prospect (looking west) Page 9
Slide 10: Outcropping copper mineralisation
Illogwa IOCG – outcropping copper mineralisation For personal use only Copper (malachite) mineralisation (green colour) at the El Gordo Prospect Page 10
Slide 11: Magnetics
Illogwa IOCG – magnetics For personal use only Page 11
Slide 12: Drilling confirms copper mineralisation
Illogwa IOCG – drilling confirms copper mineralisation For personal use only APDD002 – 42.00 to 42.20 metres 5 cms APDD002 – 40.00 to 40.20 metres Copper sulphide (chalcopyrite) APDD002 – 42.30 to 42.50 metres Diamond drill core from the Austin Prospect displaying “red rock” and quartz – haematite –
Slide 13: Drilling confirms copper mineralisation
Illogwa IOCG – drilling confirms copper mineralisation For personal use only Fluorite (purple) 5cms APDD002 (above) – 33.40 to 33.60 metres APDD002 – 65.20 to 65.40 metres Copper sulphide (chalcopyrite) APDD002 – 65.60 to 65.72 metres 5cms Page 13
Slide 14: Achievements so far and next steps
Illogwa IOCG – achievements so far and next steps Copper potential identified - early 2011 For personal use only Field work commences - late 2011 First drill targets identified - early 2012 Heritage clearances - August 2012 MTH earns JV interest - August 2012 First ever drilling confirms copper mine
Slide 15: Eastern Goldfields - Spargos Reward Gold Mine
Eastern Goldfields - Spargos Reward Gold Mine For personal use only $200,000 purchase from Breakaway Resources (ASX: BRW) BRW retains nickel rights Previous production (to 120 metres) of ~30,000ozs @ 8g/t gold 16 kms along strike from high-grade Wattle Dam Gold Mine (ASX: RMS) Close to existing gold
Slide 16: Eastern Goldfields - Spargos Reward Gold Mine
Eastern Goldfields - Spargos Reward Gold Mine Shear hosted high-grade gold For personal use only mineralisation Significant exploration upside with limited drilling outside mined areas, i.e. • 8m @ 3.11g/t gold from 21 metres including 2m @ 10.14g/t gold • 3.3m @ 9.82g/t gold from 196.7 metres inclu
Slide 17: Planned Activities and News flow
Planned Activities and News flow For personal use only Project Activity Sep Oct Nov Dec Jan Feb Mar VTEM Survey Illogwa IOCG Follow up ground EM Copper Gold Follow up drilling (Note 1) Stream sediment sampling Huckitta (MMG) JV Nickel Ground EM Spargos Reward Drilling (Note 2) Gold Note 1 – Drilling
Slide 18: Company Summary
Company Summary For personal use only Mithril Resources – an established Australian resources company exploring for the next generation of mineral deposits within emerging and proven mineral provinces Focussed boots on ground explorer Copper, gold and nickel Strong cash position 151Kt Copper Resourc
Slide 19: Basil Copper Deposit – Resource Inventory
Basil Copper Deposit – Resource Inventory For personal use only Resource estimated for the 3km long, most intensely drilled portion of the 10km long Basil mineralised trend (Refer to ASX Announcement 21 March 2012) Significant tonnage upside JORC Copper cut off Contained copper Contained cobalt Tonn
Slide 20: For further information
For personal use only For further information: David Hutton – Managing Director admin@mithrilresources.com.au 08 8378 8200