Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — PDAC Toronto 2025
15 slides from Mithril Silver And Gold's conference presentation, Mar 3, 2025
Slide 1: PDAC Toronto 2025 - Exploring one of the highest-grade gold-silver districts in Mexico
For personal use only PDAC Toronto, 2-5 March, 2025 Exploring one of the highest-grade gold-silver districts in Mexico’s prolific Sierra Madre Gold- Silver Trend Fully Funded 35,000 metres drilling in 2025 ASX:MTH TSXV:MSG
Slide 2: Disclaimer
Disclaimer The release, publication or distribution of this presentation in certain jurisdictions may be This presentation contains information extracted from previous ASX releases which are restricted by law and therefore persons in such jurisdictions into which this presentation is referenced in t
Slide 3: District scale, high grade, high-margin derisking, upside
• 70km2 district with 298 historic mines and workings DISTRICT • multiple targets, large epithermal system SCALE • over 10km of mine tunnels and 15km of known veins For personal use only HIGH • Maiden Resource Target 1 – Ind. & Inf. 529 koz AuEq (37 moz AgEq)+ GRADE • 6.8 g/t AuEq (~500 g/t AgEq)+ H
Slide 4: Corporate Overview
CORPORATE OVERVIEW MAJOR SHAREHOLDERS OWNERSHIP ASX:MTH Jupiter Gold & Silver Codes 16.1% TSXV:MSG Fund 1832 Asset Shares on Issue 145.7m 8.0% Retail Management L.P. Board & For personal use only 42% Lowell Resources Advisors Options (listed)* 24.7m 1.8% 16% Fund Options (unlisted)* 33.4m Dundee Cor
Slide 5: Management, Board and Advisors
JOHN SKEET CEO and Managing Director CRAIG SHARPE Non-Executive Chairman • mine builder in FSU, Australia and Mexico • B. Comm in Economics and Finance, MBA and graduate of • 20 years experience in Mexico; Palmarejo, Ocampo, the AICD Cerro del Gallo, Copalquin • +25 years of experience in equity cap
Slide 6: Regional districts are large and long lived
REGIONAL DISTRICTS ARE LARGE AND LONG LIVED Mexico is world’s #1 * producer of silver, * accounting for 25% of production For personal use only * * Nearby Mines: * * * San Julian, Fresnillo La Cienega, Fresnillo * Guanacevi, Endeavour Silver * Topia, Guanajuato Silver Tahuehueto, Luca Mining * * # M
Slide 7: Treasure of the Sierra Madre
70 km2 For personal use only Maiden Resource Area Update in 2025+ 2024 LiDAR: >100% additional historic mines and workings than previously known +See maiden resource slide details Treasure of the Sierra Madre
Slide 8: Drill intercepts and maiden resource highlights
From To Length Gold Silver Gold Eq* Silver Eq*• maiden resource (JORC and NI 43-101) in only 15 Hole ID Interval Interval Interval interval interval (g/t) (g/t) months of drilling* (m) (m) (m) (g/t) (g/t) CDH-001 111.00 114.00 3.00 34.7 3,129 79.4 5,560 • highest grade maiden resource released for M
Slide 9: Target 1 and 2025 resource expansion plans
Target 1 Area • aim to ~double current Target 1 resource in 2025 For personal use only Globa lly, 16th best gold drillhole in 2024 • develop at least 2-3 additional Target 1 size resource potential • underexplored district <5% explored • 35,000m drilling in 2025 4.95m @ 20.5 g/t Au & 1,833 g/t Ag Ta
Slide 10: Locality and Infrastructure
* For personal use only * * * * • within 20 km of electrical transmission line, National Hwy 24 and El Durazno township • 4hrs drive to Culiacan • 8hrs drive to Chihuahua City *Current reserves/resources plus (Agnico and Coeur Offices) approx. past production • municipal road upgrade completion 2025
Slide 11: Environmental, Social and Governance
ENVIRONMENT • man-portable diamond core drills • drilling contractor - environmental management practices • A future mine - small footprint u/g mining, high-grade, low tonnage, For personal use only waste rock storage u/g, dry-stack tailings SOCIAL • community wants education and employment opportun
Slide 12: Investment Summary
• High-margin Mexican silver and gold project • 298 historic mines and workings within 15 target areas in the 70km2 district For personal use only • experienced management +20 years in region of Mexico; Palmarejo prior to Coeur takeover, Cerro del Gallo prior to Primero takeover, plus highly experie
Slide 13: What is next for Mithril
What is next for Mithril… For personal use only • Target 1 drilling in progress for resource update • Second drill on site end of March 2025 • Drill next two target areas, each similar size to Target 1 • District model Drilling – locate conduit responsible for 10 km wide epithermal system • Fully fu
Slide 14: Target 1 Maiden Resource highlights
TARGET 1 - RESOURCE HIGHLIGHTS 2.4Mt CONTAINING ✓ High-grade underground ✓ 17,700 m drilled, ✓ ~16,000 m drilled at • 373 koz Gold at 4.80 g/t mining taking advantage US$12.50 per oz AuEq* Target 1 area since of topography all in discovery cost maiden resource • 10.95 moz Silver at 141 g/t For perso
Slide 15: For personal use only
For personal use only John Skeet +61 435 766 809 Managing Director/CEO jskeet@mithrilsilvergold.com +1 672 962 7112 Advisors Simon Catt +44 786 656 5544 scatt@agam.co.uk Arlington Tim Sorensen +1 416 509 9638 tsorensen@tscgcapital.com TSCG Capital Craig Stranger +61 409 206 500 cstranger@pacpartners