Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — South Australian Resources and Energy Investment Conference (SAREIC) 2012
22 slides from Mithril Silver And Gold's conference presentation, May 2, 2012
Slide 1: MD presentation to Investors at SAREIC
For personal use only 2 May 2012 MD presentation to Investors at SAREIC Attached please find a presentation made by Mithril’s Managing Director, Graham Ascough at the South Australian Resources and Energy Investment Conference (‘SAREIC’). The presentation provides an update on the Company’s activiti
Slide 2: Highlights
For personal use only Bigglesworth IOCG discovery gossan HIGHLIGHTS 28th November 2011 Exploration underway on recent IOCG discoveries in the NT Basil Inferred Resource of 26.5Mt@0.57%Cu, 0.05%Co within 90Mt@0.28%Cu, 0.03%Co Strong pipeline of new targets to be drill tested in 2012 Strong Ca
Slide 3: Mithril Resources Ltd – Summary
Mithril Resources Ltd – Summary For personal use only Capital Structure Shares on Issue (ASX:MTH) 219.6M Unlisted Options 24.1M Cash (31 March 2012) $6.4M Market Capitalisation $9.0M Enterprise Value $1.6M East Pilbara Junction Huckitta Investments Yambah Musgrave Minerals (ASX:MGV) 9.28
Slide 4: Huckitta Project: Main Prospects and Mineral Occurrences
Huckitta Project Main Prospects and Mineral Occurrences For personal use only Plenty Highway Yoda 15.4g/tAu, 0.4%Cu Tibbs Baldrick 13.9g/t Au, 0.7%W 2.3%Ni, 2.4%Cu Basil Copper Trend (>10km) Blackadder Up to 6.3% Cu at surface 3 .8%Ni, 9.6%Cu Polly Copper Trend 2.5km) Up to 8.4% Cu at surface Manuel
Slide 5: Huckitta Project – Mithril Planned Work
Huckitta Project – Mithril Planned Work Mithril 100% For personal use only Treasure JV (MTH earning 80%) Exploration underway and will focus Harts Range JV (MTH 60%, OKU 40%) on the Illogwa IOCG target area Sammy JV (MTH earning 80%) Illogwa is a potential new IOCG Significant Mineral Prospect p
Slide 6: Huckitta: Basil Copper Prospect (South)
Huckitta: Basil Copper Prospect (South) Broad intervals of semi-massive sulphides LB069DD For personal use only LB070DD Cu/Co LB080DD Peaks Mineralised Zone Mineralised Zone LB079DD LB077DD 7.0m@0.92%Cu Basil Mineralised Trend LB052DD LB063DD LB072DD All Drillholes LB061DD LB055DD LB067DD 11.5m@1.01
Slide 7: Rotten Hill / Peaks Inferred Resource
Rotten Hill / Peaks Inferred Resource For personal use only • Resource estimated for 3km long, most intensely drilled portion of the 10km long Basil mineralised trend Cut off Tonnes JORC Category grade % Cu Co ppm S% Fe% (MT) Inferred 0.3 26.5 0.57 504 11.3 25.4 Inferred 0.1 90.0 0.28 309 6.3 19.1 R
Slide 8: Illogwa IOCG Target Area - Residual Gravity
Illogwa IOCG Target Area (30km south of Basil) - Residual Gravity New copper/gold prospects Bigglesworth Prospect For personal use only identified on Southern Copper / Gold Portion of Huckitta mineralisation at surface in hematite veining Widespread copper Austin Prospect mineralisation and hema
Slide 9: Illogwa IOCG Target Area - Magnetics
Illogwa IOCG Target Area (30km south of Basil) - Magnetics Bigglesworth Prospect For personal use only Cu-Au mineralisation in hematite-silica veins and altered granite EL28335 EL25653 Austin Prospect Cu-Au mineralisation in EL25643 hematite-silica veins in altered granite El Gordo Prospect Cu beari
Slide 10: Copper mineralisation at the Austin Prospect
Copper mineralisation at the Austin Prospect For personal use only Outcropping ridge of hematite veining in altered granites (looking east) Malachite (copper) mineralisation (green) in hematite vein Altered granite Hematite-silica veins Page 10
Slide 11: Illogwa IOCG - Austin Prospect Area
Illogwa IOCG - Austin Prospect Area Magnetic Image and Gravity Contours For personal use only IP Anomaly Copper Mineralisation Austin Prospect B 1.5 mGal Gravity Contour Altered Granite Intense hematite and silica alteration A Rockchips up to 4.5%Cu and .25 g/tAu Powers Prospect Intense hematite and
Slide 12: Copper mineralisation at the Bigglesworth Prospect
Copper mineralisation at the Bigglesworth Prospect (Looking SE) Large gravity anomaly under thin cover – source unknown For personal use only Mapped mineralisation 500m to SE Mineralised horizons continue under cover to southeast Intense silica hematite alteration 3-5m thick in granite with common c
Slide 13: Bigglesworth Prospect – looking west
Bigglesworth Prospect – looking west Copper rich veins in granite Multiple cross cutting For personal use only IOCG alteration events 120m Altered granites Altered granites Page 13
Slide 14: Copper mineralisation at the El Gordo Prospect
Copper mineralisation at the El Gordo Prospect (Looking SW) For personal use only Shear hosted hematite-silica alteration +/- copper mineralisation mapped over 800m Altered granites with fluorite veining Page 14
Slide 15: Mithril and MMG Enter Agreement to accelerate nickel exploration
Mithril and MMG enter Agreement to accelerate nickel exploration at Huckitta For personal use only Nickel only Option and JV Agreement. MMG to earn 51% by completing $4M in Exploration. MMG may earn up to 80% by completing a Pre- Feasibility study that includes a ‘JORC’ Indicated Mineral Resou
Slide 16: Huckitta and Yambah Projects on regional Magnetics
Huckitta and Yambah Projects on regional Magnetics with key prospects For personal use only Coles Hill Yoda Harry Creek Tibbs Blackadder/Baldrick Geko Rankins Basil Turners Bigglesworth Austin Page 16
Slide 17: Yambah Project, NT
Yambah Project, NT For personal use only 6m@6.5% Zn from 131m Wholly owned tenements well located along Stuart 1.6%Cu in rockchips Hwy and Ghan Railway Harry Creek Prospect 4m@2%Zn from 39m Prospective for base metal New mineralised mineralisation (VMS) horizon Rankins Prospect 3.6%Cu, 0.1g/tAu
Slide 18: East Pilbara Tenement Locations
East Pilbara Tenement Locations Six wholly owned tenements totalling For personal use only 701km2 Prospective for nickel, copper, iron ore & gold Port Hedland Pardoo (Atlas) High Priority VTEM conductors associated with nickel and copper Goldsworthy mineral occurrences - consistent with (BHP) Shay G
Slide 19: East Pilbara - Cattle Well Targets
East Pilbara - Cattle Well Targets Drilling in 2012 For personal use only TALGA EAST Mapped Ultramafic New gossan identified 2km long and coincident with E45/3457 discrete VTEM anomaly. Rockchips to 0.48%Cu, 0.31g/t Au and 22.7g/tAg E45/3680 Coincident VTEM , magnetic anomalies and nickel sulphide p
Slide 20: The Project Pipeline
The Project Pipeline Planned activity on the main prospects For personal use only Project/Prospect Target The next 6 months Huckitta – Illogwa IOCG Widespread IOCG alteration and copper Mapping and Drilling Bigglesworth, Austin, El Gordo mineralisation Huckitta – Basil (Cu-Co) 10km long copper trend
Slide 21: Mithril Resources Limited - Summary
Mithril Resources Limited - Summary STRONG PROJECT PORTFOLIO For personal use only Huckitta, NT Large resource on the Basil trend demonstrates that areas potential for large near surface deposits Widespread IOCG alteration discovered with outcropping copper mineralisation at three new prospects
Slide 22: Important Notices
IMPORTANT NOTICES Disclaimer For personal use only 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 pa
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