Mithril Silver And Gold Limited · ASX:MTH

Mithril Silver And Gold — Mithril Resources — Investor Presentation (September 2009)

26 slides from Mithril Silver And Gold's investor presentation, Sep 28, 2009

  1. Slide 1: Investor Update

    ASX: MTH Investor Update www.mithrilresources.com.au September 28th, 2009 Please note the important disclaimer and competent persons statement at the end of this presentation

  2. Slide 2: Mithril Resources Ltd – Summary

    Mithril Resources Ltd – Summary HIGHLIGHTS  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; and  Advanced exploration at Pardoo, host to the Antrim Highway Resource - 44.7M

  3. Slide 3: Mithril Resources Ltd - Summary: Capital Structure

    Mithril Resources Ltd - Summary Capital Structure on Completion of Equity Raising* *details announced on August 5 th , 2009  Shares on Issue 117.99M  Unlisted Options 13.308M  Listed Options 25.00M  Cash on Completion ~$7.5M Substantial Shareholders (on completion)  Minotaur Exploration Limited

  4. Slide 4: Huckitta Project and Prospects

    Huckitta Project and Prospects 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

  5. Slide 5: Huckitta Project 12 Month Summary

    Huckitta Project 12 Month Summary  The Blackadder Prospect was identified in September 2008 – the first occurrence of nickel sulphides in the region  Subsequent mapping identified Ni-Cu-PGE mineralisation at a number of locations suggesting a large, fertile magmatic event and a potential new nicke

  6. Slide 6: Blackadder-Baldrick Prospect Areas Satellite Image

    Blackadder-Baldrick Prospect Areas Satellite Image 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

  7. Slide 7: Huckitta Project Regional Targets on Satellite Image

    Huckitta Project Regional Targets on Satellite Image Baldrick 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 (1000-490M

  8. Slide 8: Blackadder & Baldrick Prospects (Satellite Image)

    Blackadder & Baldrick Prospects (Satellite Image) • 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%Ni, 1.5%Cu BLACKADDER

  9. Slide 9: Blackadder Intrusion – Long Section

    Blackadder Intrusion – Long Section Long Section – looking 20o (north-northeast) WEST EAST BARC002 BARC003 Blackadder Gabbro TARGET AREA 50m BARC004 100m

  10. Slide 10: Basil Copper Prospect VTEM on Satellite Image with Geology

    Basil Copper Prospect VTEM on Satellite Image with Geology Mineralisation extends to the North Amphibolite Total strike > 5km Mineralised/altered amphibolite Quartz veining w ironstone/Cu Quartz – ironstone lag 0.31% Cu Rotten Hill 400m 0.25% Cu, 2.2 gpt Ag Northern Limit of VTEM Survey 2.4% Cu, 0.1

  11. Slide 11: Basil Copper Prospect Ground EM line across Rotten Hill

    Basil Copper Prospect Ground EM line across Rotten Hill LINE 531550E Ground EM Profiles – Slingram Mode  Ground EM results have B-field Z Late Time Channels outlined a number of strong conductors at Basil  This is an example from Rotten Hill where the conductor is directly associated with altered

  12. Slide 12: Rotten Hill (looking southwest)

    Rotten Hill (looking southwest) 0.28%Cu, 1.3 gpt Ag  Photos show the intensely altered/leached portions of rotten hill where copper values range from 0.1%Cu to 2.4%Cu

  13. Slide 13: Basil Prospect – looking ESE

    Basil Prospect – looking ESE Copper mineralisation over a Copper mineralisation over a strike strike length of 370m length of 250m up to 3%Cu Copper mineralisation in Up to 8.4% Cu ironstone and quartz Rotten Hill alteration ~40m wide Rockchips up to 2.4%Cu

  14. Slide 14: Manuel Copper Prospect (VTEM on Satellite Image)

    Manuel Copper Prospect (VTEM on Satellite Image) Secondary Copper in Gossan/ironstone HRRC229 7.2%Cu, 11gpt Ag, 0.21gpt Au HRRC230 8.6% Cu, 2 gpt Ag 5.1%Cu, 1.3gpt Ag, 0.2 gpt Au 2.4% Cu Secondary Copper in Amphibolite Major Crustal Boundary (Approximate) 300m

  15. Slide 15: Edmund and Kevin Darling Prospects (VTEM on Satellite Image)

    Edmund and Kevin Darling Prospects (VTEM on Satellite Image) 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

  16. Slide 16: Work Program 2009/2010

    Work Program 2009/2010 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  Heritage surveys to

  17. Slide 17: Photos from the Basil Area

    Photos from the Basil Area

  18. Slide 18: Pardoo Project – WA

    Pardoo Project – WA Mithril earning up to 65% from Segue Resources Supply Well 1m @ 1.9%Ni 1m @ 17%Zn Highway - Inferred Resource of 44.7Mt at 0.3%Ni, 0.1%Cu (JORC-compliant)

  19. Slide 19: HIGHWAY DEPOSIT SECTION 38100E

    HIGHWAY DEPOSIT SECTION 38100E DHEM - conductivity increases downdip and southwest of DH08HW001 DHEM – off-hole target downdip and southwest of DH08HW001

  20. Slide 20: Musgrave Province – South Australia

    Musgrave Province – South Australia 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

  21. Slide 21: Musgrave Barrick JV – Western EL’s

    Musgrave Barrick JV – Western EL’s (Mithril earning an 80% interest) 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 5.0km

  22. Slide 22: Directors

    Directors John Roberts (Chairman, Non-Executive Director)  A geologist with over 51 years experience in the mining industry  Responsible for Homestake Gold of Australia from 1977 to 1993 (Managing Director from 1987)  Holds a number of board positions in junior exploration companies and is chairm

  23. Slide 23: Strong Exploration Team

    Strong Exploration Team Jim McKinnon-Matthews Ben Rich Dean Lovett Chief Geologist Project Geologist Senior Geologist

  24. Slide 24: Summary

    Summary Mithril is well positioned to achieve its mission of discovery and 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 position

  25. Slide 25: IMPORTANT NOTICES

    IMPORTANT NOTICES Disclaimer 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 Mithr

  26. Slide 26: MITHRIL RESOURCES LTD

    MITHRIL RESOURCES LTD

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