Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — Investor Presentation (June 2013)
21 slides from Mithril Silver And Gold's investor presentation, Jun 17, 2013
Slide 1: Investor Update Presentation
Investor Update Presentation David Hutton - Managing Director 17 June 2013
Slide 2: Disclaimer and Competent Persons Statement
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 good faith. Certain information in this document has been derived from third parties and though Mithril has no reason t
Slide 3: Australian Copper – Gold Explorer
Australian Copper – Gold Explorer East Arunta Copper IMMEDIATE PRIORITY AND FOCUS Iron Oxide Copper Gold (IOCG) and Volcanic Massive Sulphide (VMS) targets Priority targets being advanced to “drill ready” stage Drilling planned for Sept Qtr. 2013 West Kambalda Gold Recent acquisition Latest drill re
Slide 4: Corporate Snapshot (ASX: MTH)
Corporate Snapshot (ASX: MTH) Shares on issue 219.6 million Options (unlisted) 19.3 million Market Cap $5.2 million (at 2.4 cents) Cash (at 31 March 2013) $2.3 million Investments $0.6 million (7.68% of Musgrave Minerals Ltd) Enterprise Value $2.3 million Top 40 hold 44% Minotaur Resources (10%) and
Slide 5: Board and Senior Management
Board and Senior Management David Hutton Geologist (23 years experience) including roles at Mount Isa Managing Director Mines (copper), LionOre (nickel) and Western Metals (lead- zinc) Graham Ascough Geophysicist (25 years experience) including senior roles at Chairman Falconbridge (nickel and coppe
Slide 6: East Arunta Project Area
East Arunta Project Area Kidman Resources “Home of Bullion” Copper Deposit Page 6
Slide 7: East Arunta Project Area
East Arunta Project Area 6,000kms² area 100% owned and JV’s Plenty Highway Outcropping copper Illogwa IOCG Area Yambah VMS prospects Systematic exploration advancing priority targets to “drill ready” stage Remaining statutory approvals and heritage clearances expected early Sept Qtr. 2013 Drilling p
Slide 8: East Arunta Project Area - landholdings
East Arunta Project Area - landholdings Yambah VMS Illogwa IOCG Page 8
Slide 9: Illogwa IOCG Area – a new IOCG province
Illogwa IOCG Area – a new IOCG province Plenty Highway El Gordo prospect Austin prospect diamond drill core Mithril discovery late 2011 – WITH NO PREVIOUS DRILLING Multiple occurrences of outcropping copper throughout 500kms² area First drilling in Sept 2012 intersects copper (i.e. 14m @ 0.34% Cu fr
Slide 10: Illogwa IOCG Area – outcropping copper
Illogwa IOCG Area – outcropping copper Copper rich veins in granite Multiple cross cutting IOCG alteration events 120m Altered granite Altered granite Bigglesworth prospect Page 10
Slide 11: Illogwa IOCG Area – aeromagnetics
Illogwa IOCG Area – aeromagnetics Plenty Highway Page 11
Slide 12: Illogwa IOCG Area – Mini Me West Priority Target
Illogwa IOCG Area – Mini Me West Priority Target Mithril (80%) Cazaly Resources (20%) Coincident VTEM and IP anomaly Plenty Highway 800 metres strike length with outcropping copper (rock chip samples to 1.9%Cu) Never been drilled DRILL READY IP Chargeability Anomaly VTEM Conductor Mini Me West plan
Slide 13: Illogwa IOCG Area – El Gordo Priority Target
Illogwa IOCG Area – El Gordo Priority Target Mithril (80%) Cazaly (20%) 800 metre zone with outcropping copper One channel sample across 3.00% copper zone trend returns 7m @ 0.94%Cu 0.57% copper 0.24% copper 2012 reconnaissance drilling confirms mineralisation (i.e. 1.40% copper 14m @ 0.34%Cu from 1
Slide 14: Yambah VMS – Bessie's Reward Priority Target
Yambah VMS – Bessie’s Reward Priority Target Plenty Highway Mithril (100%) Multiple copper – zinc gossans (up to 9.69%Cu) throughout 450m x 100m area 3 shallow historic RC holes confirm “smoke” (incl. 22m @ 0.33% copper from surface) Page 14
Slide 15: Yambah VMS – Red Rock Bore Priority Target
Yambah VMS – Red Rock Bore Priority Target 400m long untested magnetic anomaly Plenty Highway Mineralised zone at surface 250m long untested magnetic anomaly Red Rock Bore plan with aeromagnetic image as background, drill holes and mineralised zone Outcropping zinc – lead – copper mineralisation has
Slide 16: East Arunta Project - Next Steps
East Arunta Project - Next Steps Mapping and sampling – June Qtr. 2013 Ground geophysics – June Qtr. 2013 Drill targets defined – end June Qtr. 2013 Statutory approvals and heritage clearances – early Sept Qtr. 2013 Drilling – Sept Qtr. 2013 Page 16
Slide 17: West Kambalda Project Area
West Kambalda Project Area Page 17
Slide 18: West Kambalda Project Area
West Kambalda Project Area 100% owned and JV’s 20 kms west of Kambalda 3 operating gold mills within 50 km radius Along strike from Wattle Dam Gold Mine Walk up drill targets; Spargos Reward Gold Mine Lady Allison Gold Deposit Latest drill results highlight economic potential 14m @ 6.75g/t gold incl
Slide 19: West Kambalda – geological setting
West Kambalda – geological setting KAMBALDA Spargos Reward (historic production of 30,000ozs) Lady Allison (Inferred Resource – 87,000ozs) Kunanalling Shear Zone Wattle Dam (historic production of 262,000ozs) Page 19
Slide 20: Resource Inventory
Resource Inventory Basil Copper Deposit JORC Copper cut off Tonnes Copper Cobalt Contained Contained cobalt Category grade (%) (Mt) (%) (ppm) copper (tonnes) (tonnes) Inferred 0.3 26.5 0.57 504 151,050 13,356 Inferred 0.1 90.0 0.28 309 252,000 27, 810 Lady Allison Gold Deposit (MTH right to earn up
Slide 21: For further information
For further information: David Hutton – Managing Director admin@mithrilresources.com.au 08 8378 8200
Mithril Resources — Investor Presentation (June 2013) on 6ix