Mithril Silver And Gold Limited · ASX:MTH

Mithril Silver And Gold — Investor Presentation (December 2025)

22 slides from Mithril Silver And Gold's investor presentation, Dec 17, 2025

  1. Slide 1: Exploring Mexico's Sierra Madre Gold-Silver Trend

    For personal use only Exploring Mexico’s Sierra Madre Gold-Silver Trend High Grade, Fully Funded and Ready to Grow December 2025 TSXV: MSG ASX: MTH www.mithrilsilvergold.com OTCQB: MTIRF 1

  2. Slide 2: Disclaimer

    Disclaimer The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and ASX Releases with more details regarding information in this presentation 05 Dec 2025 01 Dec 2025 05 Nov 2025 MITHRIL TO ACQUIRE THE LA DURA GOLD-SILVER PROPERTY Exploration

  3. Slide 3: Mexican Silver & Gold High Margin Business

    Mexican Silver & Gold High Margin Business For personal use only High Grade Discovery in a District-Scale Opportunity with Prolific Mining Jurisdiction Untapped Potential Early resource at Target 1 shows exceptional grades — 70 km² land package with 298 historic mines and 7.06 g/t AuEq (Indicated) a

  4. Slide 4: Company Snapshot

    Company Snapshot For personal use only Corporate Overview Ownership Major Shareholders MTH ASX History TSXV: MSG | ASX: MTH OTCQB: MTIRF Retail Institutional Jupiter Gold & Silver Fund Issued 184.5m 33% 41% 1832 Asset Management Options (listed)* 21.7m Options (unlisted)* 28.9m Schroders Option (emp

  5. Slide 5: Board

    Board Great projects need great people. The right team can turn a good discovery into a game-changing asset — and in mining, experience, judgment, and execution matter more than ever. For personal use only John Skeet Craig Sharpe David Toyoda Meghan Lewis CEO & Managing Non-Executive Mary Independen

  6. Slide 6: Management & Advisors

    Management & Advisors For personal use only John Skeet Michael Port Justyn Stedwell Simon Catt Colin Jones Gary Thomas CEO & Managing Mary Smith CFO Corporate Secretary Corporate Advisor Technical Advisor Technical Advisor Director • Mine builder in FSU, • Chartered accountant & • B. Comm, Grad. Dip

  7. Slide 7: Projects Overview

    Projects Overview For personal use only Strategically Located in the Heart of Mexico’s Silver-Gold Trend Mexico is the world’s #1 silver producer, contributing 25% of global output — a proven, mining-friendly jurisdiction with tier-one infrastructure and a rich history of large-scale discoveries. Co

  8. Slide 8: Copalquin-Treasure of the Sierra Madre

    For personal use only Copalquin-Treasure of the Sierra Madre 2024 LiDAR: >100% additional historic mines and workings than previously known Current drilling at Target 1 for resource update and Target 5 maiden drill programme. Target 3 drilling commences January 2026. Several new areas highlighted ac

  9. Slide 9: Copalquin Target 1 Highlights

    Copalquin From To Length Gold Silver AuEq x Gold Eq* Hole ID Interval Interval Interval interval interval Int. (g/t) (m) (m) (m) (g/t) (g/t) (g/t.m) CDH-001 111.00 114.00 3.00 34.7 3,129 79.4 238 CDH-002 91.5 96.5 4.55 5.64 326 10.3 47 Target 1 CDH-014 CDH-099 CDH-033 253.8 28.00 206.3 261.3 32.55 2

  10. Slide 10: Copalquin - Target 1

    For personal use only 8.03m @ 7.19 g/t Au & 260 g/t Ag Including 4.40m @ 9.87 g/t Au & 507 g/t Ag 300 m MTH-RE25-045 • Indicated 691 kt @ 5.43 g/t gold, 114 g/t silver for 121,000 oz gold + 2,538,000 oz silver • Inferred 1,725 kt @ 4.55 g/t gold, 152 g/t silver for 252,000 oz gold + 8,414,000 oz sil

  11. Slide 11: La Dura Property

    La Dura Property For personal use only Acquisition announced December 2025 20 km2 of contiguous mining concessions hosting multiple historic mines and workings including the notable, four level La Dura gold silver mine • Large database of sampling • LiDAR has been flown with interpretation early 202

  12. Slide 12: Locality & Infrastructure

    For personal use only Locality & Infrastructure Excellent access & infrastructure with proximity to roads, power, and key regional hubs—ideal for efficient exploration and development. • Just 20 km from power and National Highway • Close to El Durazno township for workforce and services • 4hrs drive

  13. Slide 13: ESG

    At Mithril, responsible exploration is integral to building long lasting value. We ESG prioritise environmental protection, community engagement, and transparent governance in every aspect of our work — from planning and permitting to operations in the field. Strong ESG performance is not an add-on;

  14. Slide 14: ESG Important Local Infrastructure Support

    ESG Important Local Infrastructure Support For personal use only • Road improvements support both the district exploration activities and long-term community connectivity • Mithril worked with the local municipality to upgrade the existing ATV road for larger vehicles • Upgraded access roads improve

  15. Slide 15: What's Next?

    What’s For personal use only Next? District Scale Potential Coming into Focus With multiple rigs turning and a fully funded program, Mithril is driving rapid resource growth, new discoveries, and district-scale definition through 2025–2026 Target 1 Second Drill District Model Drilling Fully Funded D

  16. Slide 16: Why Invest?

    Why Invest? Advancing one of Mexico’s highest-grade silver-gold districts — For personal use only fully funded and drilling 45,000 m throughout 2025-2026. Mithril is advancing a high-margin discovery in the heart of a prolific mining region, backed by a seasoned team, supportive shareholders, and a

  17. Slide 17: Appendices

    For personal use only Appendices www.mithrilsilvergold.com 17

  18. Slide 18: Target Area Maiden Resource

    Target 1 Area – High Grade TARGET 1 - RESOURCE HIGHLIGHTS Maiden ✓ High-grade underground ✓ 17,700 m drilled, ✓ ~23,000 m drilled at mining taking advantage US$12.50 per oz AuEq* all Target 1 area since For personal use only of topography in discovery cost maiden resource Resource ✓ First of several

  19. Slide 19: District Mapping and Sampling Progress

    288000 290000 292000 294000 For personal use only District Mapping 2824000 2824000 and Sampling Progress - 17.6 km2 in 2025 2822000 2822000 2,000 Metres See ASX Announcement 29 Jul 2025 High-Grade Channel Sampling Results www.mithrilsilvergold.com 19

  20. Slide 20: For personal use only

    For personal use only 1 www.mithrilsilvergold.com See Slide 2 for list of ASX Announcements with details of the intercepts listed above 20

  21. Slide 21: For personal use only

    For personal use only www.mithrilsilvergold.com 21

  22. Slide 22: Contact

    For personal use only ASX: MTH TSXV: MSG OTCQB: MTIRF John Skeet Managing Director & CEO jskeet@mithrilsilvergold.com +61 435 766 809 (North America Based) NIKLI Communications Nicole Hoeller nicole@mithrilsilvergold.com Liz Monger liz@mithrilsilvergold.com Authorised by the Board of Directors www.m

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