Mithril Silver And Gold Limited · ASX:MTH

Mithril Silver And Gold — Mithril Resources — Investor Presentation (April 2014)

23 slides from Mithril Silver And Gold's investor presentation, Apr 7, 2014

  1. Slide 1: Investor Update Presentation

    For personal use only Investor Update Presentation David Hutton – Managing Director April 2014

  2. Slide 2: 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

  3. Slide 3: Mithril Resources (ASX: MTH)

    Mithril Resources (ASX: MTH) For personal use only  WA Goldfields focus  Drill ready nickel, gold and copper targets  MMG funding East Arunta nickel exploration Page 3

  4. Slide 4: Corporate Snapshot

    Corporate Snapshot For personal use only Directors Overview Graham Ascough - Non Executive Chairman ASX Code MTH David Hutton - Managing Director Shares on issue 252.5 million Donald Stephens - Non Executive Director and Company Secretary Options (unlisted) 19.3 million Derek Carter - Non Executive

  5. Slide 5: Delivering new strategy

    Delivering new strategy First outlined at November 2013 AGM For personal use only ITEM OUTCOME Introduce partner to East  MMG continuing to sole-fund nickel search (in two JV’s) Arunta Project Area • Huckitta JV - $1.5M spent to date with further $2.5M + PFS required to earn 80% of nickel rights •

  6. Slide 6: Target Pipeline

    Target Pipeline For personal use only Hendrix (nickel) Floyd (nickel) Zeppelin (gold) DRILL READY Spargos Reward (gold) Nanadie Well Deposit (copper) Nanadie East IP (copper) Copper Hills (copper / gold) Nanadie Poplar (gold) ADVANCED Logan’s Find (gold) GREENFIELDS East Arunta - Illogwa IOCG (coppe

  7. Slide 7: West Kambalda nickel gold

    West Kambalda nickel gold For personal use only  25 km west of Kambalda  100km² landholding:  Spargos Reward – 100% MTH  Spargoville JV (KalNorth Gold) – MTH earning 80% by spending $2M over 4 years  Drill ready targets:  Hendrix - nickel  Floyd - nickel  Zeppelin - gold  Spargos Reward - g

  8. Slide 8: New nickel and gold targets

    New nickel and gold targets For personal use only  Auger sampling / EM surveying at Logan’s Find defined new Hendrix, Floyd, and Hendrix + 1,000ppm Ni anomaly Zeppelin targets Logan’s Find 1 kilometre + 50ppb Au anomaly Floyd + 1,000ppm Ni anomaly Zeppelin + 50ppb Au anomaly Auger geochemical anoma

  9. Slide 9: Hendrix – drill ready nickel target

    Hendrix – drill ready nickel target For personal use only  Nickel – copper - PGE auger anomaly  High MgO ultramafic  Inco 1970 drill results including:  24.4m @ 1.2%Ni from 7.6m incl. 9.1m @ 2.5%Ni from 10.7 metres  No field follow-up at the time  March 2014 EM surveying defines new 300m long

  10. Slide 10: Hendrix – cross section

    Hendrix – cross section For personal use only Nickel sulphide target zone Page 10

  11. Slide 11: Floyd – drill ready nickel target

    Floyd – drill ready nickel target For personal use only  Nickel - copper - PGE auger anomaly  High MgO ultramafic  March 2014 EM surveying defines new 600m long EM conductor adjacent ultramafic contact Historic drill holes and Ni / Cu rock chip sampling results shown on ch. 25 conductivity image

  12. Slide 12: Zeppelin – drill ready gold target

    Zeppelin – drill ready gold target For personal use only  Ferruginous quartz veins  Shallow workings  38g/t and 64g/t gold in new rock chips  One shallow drill hole – details unknown 100 metres Gold rock chip sampling results and quartz veins shown on RTP magnetic image Page 12

  13. Slide 13: Spargos Reward – historic high-grade gold mine

    Spargos Reward – historic high-grade gold mine For personal use only 250 metres vertical depth 14m @ 6.75g/t Au incl 6m @ 12.67g/t 8m @ 10.30g/t Au incl 3m @ 25.73g/t Page 13

  14. Slide 14: Meekatharra copper

    Meekatharra copper For personal use only  Acquired December 2013  Excellent address  Big mineralised systems  Outcropping copper  700km² landholding:  Nanadie Well JV (Intermin) – MTH earning up to 75% by spending $4M over 6 years  Copper Hills JV (Doray) – MTH earning up to 80% by spending $

  15. Slide 15: Nanadie Well JV (Mithril earning 75%)

    Nanadie Well JV (Mithril earning 75%) For personal use only  Advanced and drill ready targets  Potential to increase size and grade of Nanadie Copper Deposit (151Kt copper / 74Koz gold)  Nanadie Well Deposit – internal high-grade  Nanadie Well Deposit – northern extensions  Discover new positio

  16. Slide 16: Nanadie Well Copper Deposit – big upside

    Nanadie Well Copper Deposit – big upside For personal use only  2004 JORC Inferred Resource of 36Mt @ 0.42%Cu (151Kt copper / 74Koz gold)  Mafic hosted  Copper, gold, nickel, PGE’s and REE’s  900m length x 85m (ave) true width  From surface to 200m depth  Open in all directions Surface Bedrock

  17. Slide 17: Nanadie Well Copper Deposit – cross sections

    Nanadie Well Copper Deposit – cross sections For personal use only Section D Section C Section F 100m Sections are 350 metres apart at same scale Page 17

  18. Slide 18: Nanadie Well Copper Deposit – new targets

    Nanadie Well Copper Deposit – new targets For personal use only  Internal high-grade zones (up to 7.7% copper, 2.37g/t gold, 0.82% nickel over 1 metre)  Drilling required to test their continuity Northern extension target  500m long “gap” in drilling at north end of deposit  Drilling required to

  19. Slide 19: Nanadie Well Copper Deposit – new targets

    Nanadie Well Copper Deposit – new targets For personal use only  IP geophysics “maps” existing mineralisation  IP chargeability anomaly 500m east of deposit has never been drilled  What is it? Nanadie East IP target 500m Historic drill hole collar positions, deposit outline and geology shown on I

  20. Slide 20: Copper Hills JV (Mithril earning 80%)

    Copper Hills JV (Mithril earning 80%) For personal use only  Outcropping copper  Limited deep drilling  Advanced targets  VTEM conductors  soil anomalies  Existing drill intercepts (i.e. CD6 - 104m @ 0.46% Cu, 0.25g/t Au from 61 metres)  Data review underway to define drill ready targets Page

  21. Slide 21: Planned Activities and News flow

    Planned Activities and News flow For personal use only Activity Indicative Timing Drill Hendrix and Floyd nickel targets Early June Quarter Drill test Zeppelin gold target Early June Quarter Define Copper Hills drill targets Mid June Quarter Drill East Arunta nickel targets (MMG sole funding) Late J

  22. Slide 22: 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

  23. Slide 23: 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

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