Slide 1: Nickel Targets Ready to Drill
For personal use only Nickel Targets Ready to Drill David Hutton – Managing Director May 2014
Slide 2: Mithril Resources 2014 Focus
Mithril Resources (ASX: MTH) For personal use only Nickel copper gold Drill ready targets Short term price catalysts 2014 FOCUS Page 2
Slide 3: Nickel Spot Price – last 3 months
Nickel Spot Price – last 3 months For personal use only +30% Indonesian Ore Export Ban Page 3
Slide 4: West Kambalda
West Kambalda For personal use only Drill ready targets: Hendrix Floyd Zeppelin 25km from Kambalda Page 4
Slide 5: Drill Ready Targets
Drill Ready Targets For personal use only Hendrix Nickel Targeting massive nickel sulphides 1 kilometre Logan’s Find Gold Floyd Nickel Zeppelin Gold Page 5
Slide 6: Hendrix nickel target
Hendrix nickel target For personal use only Nickel – copper – PGE auger anomaly High MgO ultramafic Inco 1970 drill result: 24.4m @ 1.2%Ni from 7.6m incl. 9.1m @ 2.5%Ni from 10.7 metres Was not followed up New 300m long EM conductor 200 metres Page 6
Slide 7: Hendrix nickel target – cross section
Hendrix nickel target – cross section For personal use only Nickel sulphide target Page 7
Slide 8: Floyd nickel target
Floyd nickel target For personal use only Nickel - copper - PGE auger anomaly High MgO ultramafic New 600m long EM conductor 200 metres Page 8
Slide 9: Zeppelin gold target
Zeppelin gold target For personal use only Ferruginous quartz veins Rock chips - 38g/t and 64g/t gold One shallow drill hole – details unknown 100 metres Outcropping quartz veining – 37.82g/t gold Page 9
Slide 10: Meekatharra
Meekatharra For personal use only Excellent address Big mineral systems 700km² landholding Page 10
Slide 11: Nanadie Well nickel copper gossan
Nanadie Well nickel copper gossan For personal use only Nickel sulphide gossan Sub-cropping over 300m long Rock chips up to: 0.44% nickel 8.86% copper 557ppb PGE’s No EM geophysics Not tested by previous drilling Sub cropping gossan at sample site NA021 – NA023 Page 11
Slide 12: Nanadie Well Copper Deposit
Nanadie Well Copper Deposit For personal use only 2004 JORC Inferred Resource of 36Mt @ 0.42%Cu (151Kt copper / 74Koz gold) Mafic hosted Copper, gold, nickel 900m length x 85m (ave) true width From surface to 200m depth Open in all directions Surface Bedrock Page 12
Slide 13: Nanadie Well – drill targets
Nanadie Well – 4 drill targets For personal use only Internal high grade zone Nanadie East IP target Northern extension Eastern IP anomaly Nickel copper gossan zone Northern extension Internal high - grade 500m Nickel copper gossan zone Page 13
Slide 14: Planned Activities and Indicative Timing
Planned Activities and Indicative Timing For personal use only Targets May June July August September Hendrix RC drilling Floyd RC drilling Zeppelin RC drilling Nanadie Well EM geophysics Ni – Cu gossan East Arunta Ni RC drilling (MMG sole funding) Nanadie Well RC and diamond drilling Ni – Cu target
Slide 15: For personal use only
For personal use only For further information: David Hutton – Managing Director Email - admin@mithrilresources.com.au Webpage - www.mithrilresources.com.au Phone - 08 8378 8200
Slide 16: Corporate Snapshot
Corporate Snapshot For personal use only Overview Shares on issue 252.5 million Options (unlisted) 19.3 million Directors Market Cap $3.3M Graham Ascough - Non Executive Chairman Cash (30/3/2014) $1.3M David Hutton - Managing Director Investments $0.7M (MGV shareholding) Donald Stephens - Non Execut
Slide 17: Resource Inventory
Resource Inventory For personal use only Nanadie Well Copper Deposit (MTH earning 75%) 2004 JORC Code Tonnes Copper % Gold ppm Contained Copper (tonnes) Contained gold (ounces) Classification (Mt) Inferred 36.07 0.42 0.064 151,506 74,233 Refer to Intermin Resources’ ASX Announcement “Initial Resou
Slide 18: Disclaimer
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 For personal use only good faith. Certain information in this document has been derived from third parties and though M