Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Investor Presentation (November 2020)
25 slides from Mithril Silver And Gold's investor presentation, Nov 11, 2020
Slide 1: Copalquin mining district, Mexico – Investor Presentation November 2020
Copalquin mining district, Mexico Investor Presentation November 2020
Slide 2: Important Information
IMPORTANT INFORMATION The release, publication or distribution of this presentation in certain jurisdictions may be COMPETENT PERSON restricted by law and therefore persons in such jurisdictions into which this presentation is The information in this report that relates to sampling techniques and da
Slide 3: Table of Contents
Table of Contents • Investment Highlights 4 • Corporate 5 • Projects Overview 6 • Cometa 7 • Reyes 13 • Constancia 15 • Apolonia 16 • Work Plan CY2021 17 • Road Map 18 • Summary 19 • Appendix 21 3
Slide 4: Investment Highlights
Investment Highlights Copalquin Gold / Silver District, Mexico Advanced Drilling Mining Friendly Meaningful scale Geology Well Serviced Program Jurisdiction 7,000 metre (47 hole) An entire mining Major Epithermal Mining is an important 30km from national diamond core maiden district coveri
Slide 5: Corporate
Corporate Corporate Share Price ASX Ticker MTH 120 $0.0600 Share Price (as at 30 October 2020) A$0.031 100 $0.0500 Shares on issue 2,087m 80 $0.0400 Share Volume (M) Options & Perf. Rights 60 $0.0300 Market cap (undiluted) A$62.6m 40 $0.0200 Debt A$0.0m 20 $0.0100 $0.004 – 52 week trading range 0 $0
Slide 6: Projects overview: Copalquin mining district
Projects overview: Copalquin mining district Copalquin Gold / Silver Projects PROJECTS: Copalquin Gold / Silver CONSTANCIA • COMETA PROJECT • 3 targets drilled - 5,500m and 38 diamond core drill holes • Multiple veins and high-grades intercepted COMETA REYES Santa • Maiden resource on track for 1H C
Slide 7: Cometa - La Soledad Target
Projects: Cometa - La Soledad Target La Soledad Target – Maiden drilling results1 • CDH-001 3m @ 34.72 g/t gold and 3,129 g/t silver from 112m (including 1m @ 88.4 g/t gold and 6,750 g/t silver from 114m) • CDH-002 4.55m @ 5.64 g/t gold and 325 g/t silver from 91.95m (including 1.5m @ 9.82 g/t gold
Slide 8: Cometa - La Soledad Target
Projects: Cometa - La Soledad Target 0.86 g/t gold 358 g/t silver 14.9 g/t gold 2,280 g/t silver 88.4 g/t gold 6,750 g/t silver CDH-001 m La Soledad vein 111.5m – 114.5m (Intercept from 111m to 114m) • La Soledad target at the Cometa 12.25 g/t gold 278 g/t silver Project is a strong high-priority ex
Slide 9: Cometa - La Soledad Target: Drilling 2021
Projects: Cometa - La Soledad Target Drilling 2021 • Drilling to date at La Soledad suggests that the historically mined ore-shoot may have been formed by a component of right-lateral strike-slip movement within the overall normal fault system. Future scout drilling along strike will be carried out
Slide 10: Cometa - El Refugio Target
Projects: Cometa - El Refugio Target La Refugio Target – Maiden drilling results1 • CDH-015 3.85m @ 4.48 g/t gold and 119.3 g/t silver from 146m including 2.15m @ 6.32 g/t gold and 186.7 g/t silver from 146.5m; • CDH-019 3.00m @ 2.05 g/t gold and 52.3 g/t silver from 159m • CDH-020 8.70m @ 3.07 g/t
Slide 11: Cometa - El Refugio Target
Projects: Cometa - El Refugio Target 7.58 g/t gold 139 g/t silver 7.37 g/t gold 159 g/t silver 7.44 g/t gold 160 g/t silver 3.39 g/t gold 274 g/t silver • Large, mineralised structure • Open along strike and CDH-015 6.85m @2.70 g/t Au & 70 g/t Ag from 143m, including 2.15m @6.32 g/t Au & 186.67 • Op
Slide 12: Cometa - El Refugio Target
Projects: Cometa - El Refugio Target 8.54 g/t gold 158 g/t silver 15.4 g/t gold 219 g/t silver 3.26 g/t gold 172 g/t silver 6.5 g/t gold 187 g/t silver • Large, mineralised structure 3.16 g/t gold 186 g/t silver • Open along strike and • Open at depth CDH-020 176.85 – 179.44m Quartz breccia with fra
Slide 13: Cometa – El Cometa Target
Projects: Cometa – El Cometa Target El Cometa Target – Maiden drilling results • CDH-026 to CDH-032, CDH-034 to CDH-036 Assays pending for the El Cometa Target Drill locations and Soil Sampling Results 13
Slide 14: Reyes - Los Pinos Target
Projects: Reyes - Los Pinos Target Los Pinos Target • Los Pinos hosts multiple, stacked low-angle structures similar to El Cometa target and has extensive clay alteration. • 60m hole to test the target identified by mapping and geochemical soil sampling Soil Sampling Results 14
Slide 15: Reyes - Los Reyes Target
Projects: Reyes - Los Reyes Target Los Reyes Target • 3 x 120m holes to test the targets identified by mapping and geochemical soil sampling. • At Los Reyes target there are multi-level mine workings. • J.W. Patterson, US geologist, completed extensive sampling and mapping in 1930’s. Not JORC compli
Slide 16: Constancia – La Constancia Target
Projects: Constancia – La Constancia Target Constancia Target • 3 x 150m–160m holes to test the targets identified by mapping and geochemical soil sampling. • At La Constancia target there are multi-level mine workings • J.W. Patterson, US geologist, completed extensive sampling and mapping in 1930’
Slide 17: Apolonia - San Manuel Target
Projects: Apolonia - San Manuel Target San Manuel Target • 2 x 225m–250m holes to drill beneath the multi-level mine workings where four parallel veins were historically mined. In the late 1970’s and aerial ropeway and 10 tonne per day milling and flotation plant were installed with small scale mini
Slide 18: Work Plan CY2021
Work Plan CY2021 COMETA PROJECT • Drill west from La Soledad target for clavos (ore shoots) along strike • Drill deeper and along strike for clavos on Leon vein • Test for parallel sigmoidal veins/clavos • Deeper drilling at El Refugio target (low temp. silica indicating depth potential) • Drill eas
Slide 19: Road Map
Road Map Q4 CY2020 Q2 CY2021 Q4 CY2021 2H CY 2022 7,000m maiden drilling Maiden Resource for the Drilling at the Apolonia Project Drilling ongoing across multiple projects program at Cometa project Cometa Project Complete 50% acquisition Infrastructure development MAIDEN RESOURCE MAIDEN DRILLING PHA
Slide 20: Summary: Just the Tip of the Iceberg
Summary “Just the Tip of the Iceberg" • Major Epithermal Centre for Gold & Silver multiple mineralisation events typical of large systems. • Meaningful Scale contiguous concessions extend across an entire mining district covering 7,005 Ha area. Initial exploration area only covers 1,600 Ha and inclu
Slide 21: mithrilresources.com.au
John Skeet Mark Flynn Managing Director/CEO Investor Relations +61 435 766 809 +61 416 068 733 jskeet@mithrilresources.com.au mflynn@mithrilresources.com.au mithrilresources.com.au Authorised for release by: John Skeet, MD and CEO 11 November 2020
Slide 22: Appendix Slides
APPENDIX SLIDES
Slide 23: Appendix 1: Mineral deposits in Mexico
Appendix 1: Mineral deposits in Mexico 23
Slide 24: Appendix 2: Mining & Exploration in Mexico
Appendix 2: Mining & Exploration in Mexico third largest copper mine in the Grupo Mexico (Mkt Cap. $23.2bn) world Fresnillo PLC (Mkt Cap. $15.6bn) Buenavista del Cobre La Herradura, San Julian, La Cienega First Majestic Silver (Mkt Cap. $3.0bn) Pan American Silver Corp. (Mkt Cap. $9.2bn) Santa Elena
Slide 25: Appendix 3: Other Projects – Farmed Out
Appendix 3: Other Projects – Farmed Out All Australian Projects are currently farmed-out Billy Hills Zinc (Billy Hills) • Mithril 100% • CBH Resources Limited earning up to 80% interest by completing expenditure of A$4M over 5 years. Kurnalpi Project (Kurnalpi) • Mithril 100% • Carnavale Resources e
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