Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — AGES Conference 2013
23 slides from Mithril Silver And Gold's conference presentation, Mar 19, 2013
Slide 1: Discovery of the Illogwa IOCG Belt
For personal use only Discovery of the Illogwa IOCG Belt Mithril opens new exploration space in the east Arunta Region Patrick Lyons Senior Geologist 19 March 2013
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: Who we are
Who we are For personal use only Mithril Resources Ltd is an Australian resources company exploring for copper and gold in central and Western Australia DUAL EXPLORATION STRATEGY East Arunta - outstanding copper discovery potential Multiple priority targets including Illogwa IOCG belt Geophysi
Slide 4: East Arunta Project Area
East Arunta Project Area For personal use only Greenfields Home of Bullion (KDR) 36m @ 2.78% Cu, discovery incl 10m @ 8.5% Cu opportunity Local Endowment within a rapidly Moly Hill Deposit 4.7Mt @ 0.22%Mo, emerging Home of Bullion 0.28%W Basil Copper Deposit mineral 26.5Mt @ 0.57%Cu, 0.05%Co provinc
Slide 5: East Arunta Project Area Landholdings
East Arunta Project Area Landholdings For personal use only Page 5
Slide 6: East Arunta Project Area Landholdings
East Arunta Project Area Landholdings For personal use only ILLOGWA IOCG AREA Page 6
Slide 7: Illogwa IOCG Area Geology and Prospects
Illogwa IOCG Area Geology and Prospects For personal use only Bigglesworth Plenty Highway Dixie Austin Goldmember NTGS identifies hematite- Powers Mini Me fluorite altered granite at Powers Prospect (2010) Nigel Mithril completes gravity and surface geochemistry sampling El Gordo Mithril identifies
Slide 8: Illogwa IOCG Area Geology and Prospects
Illogwa IOCG Area Geology and Prospects For personal use only Bigglesworth Plenty Highway Dixie Austin NTGS Identifies Hematite – Goldmember Powers Mini Me Fluorite altered granite at Powers Prospect (2010) Mithril completes gravity and Nigel surface geochemistry sampling El Gordo Mithril identifies
Slide 9: Hematite and fluorite Powers Prospect
Hematite and fluorite Powers Prospect For personal use only Fluorite Hematite Fluorite veins Hematite veins in altered granite Altered granite Hematite-silica veins Page 9
Slide 10: Austin Prospect
Austin Prospect For personal use only • Discovered by follow-up of anomalous soil sample • Alteration and / or mineralisation exposed over 2km of strike Page 10
Slide 11: Mineralisation Austin Prospect
Mineralisation Austin Prospect For personal use only Carbonate veining Copper mineralisation in intensely hematite altered granite Page 11
Slide 12: Bigglesworth Prospect Looking west
Bigglesworth Prospect Looking west For personal use only Copper rich veins in granite Multiple cross cutting IOCG alteration events 120m Altered granite Altered granite • Discovered by geological mapping • Significant outcropping hill of alteration Page 12
Slide 13: Copper mineralisation at Bigglesworth Prospect Looking SE
Copper mineralisation at Bigglesworth Prospect Looking SE For personal use only Large gravity anomaly under thin cover – source unknown Mapped mineralisation 500m to SE Mineralised horizons continue under cover to southeast Page 13
Slide 14: El Gordo Prospect
El Gordo Prospect For personal use only Rediscovered by tracking gossanous fragments upstream (evidence of old unrecorded workings) Mineralisation Page 14 and / or alteration (dominantly silica) mapped over 800m
Slide 15: Mini Me Prospect Outcropping copper
Mini Me Prospect Outcropping copper For personal use only Discovered by geological mapping Up to 7.8% copper, 1.5g/t gold from outcropping veins of chalcopyrite (copper sulfide) mineralisation within a broad silica- hematite alteration zone (Looking East) Page 15
Slide 16: Mineralisation structurally controlled
Mineralisation structurally controlled For personal use only Page 16
Slide 17: Deep crustal seismic Line 09GA-GA1
Deep crustal seismic Line 09GA-GA1 For personal use only Huston et al., 2011 Illogwa IOCG Belt, on mantle-tapping structures Page 17
Slide 18: Time to drill
For personal use only Page 18 Time to drill
Slide 19: IOCG mineralisation in first drill program
IOCG mineralisation in first drill program Austin Prospect Hole APPDD002 For personal use only 5 cm Page 19
Slide 20: Mini Me Copper Prospect IP Drill Target
Mini Me Copper Prospect IP Drill Target For personal use only >10x background chargeability anomaly, 800m long secondary and primary copper mineralisation at surface outcrop poor RTP magnetic image Page 20
Slide 21: Summary
Summary For personal use only • NTGS find hematite- and flourite-alteration on Mithril lease • Follow-up work discovered copper occurrences over 50 km of strike • Alteration patterns consistent with IOCG • Region under-explored and never drilled • Drilling confirms IOCG mineralisation • In a belt wi
Slide 22: A bigger picture …
A bigger picture … For personal use only Other known and emerging IOCG provinces in Australia with active exploration include … a … new IOCG province in the Arunta region of central Australia. In [this] area, encouraging indicators have recently been discovered within a belt extending hundreds of ki
Slide 23: For further information
For personal use only For further information: Patrick Lyons admin@mithrilresources.com.au 08 8378 8200