Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — PDAC 2026
22 slides from Mithril Silver And Gold's conference presentation, Mar 2, 2026
Slide 1: Exploring Mexico's Sierra Madre Gold-Silver Trend
For personal use only Exploring Mexico’s Sierra Madre Gold-Silver Trend High Grade, Fully Funded and Ready to Grow PDAC 1 - 4 March 2026 TSXV: MSG ASX: MTH www.mithrilsilvergold.com OTC: MTIRF 1
Slide 2: Disclaimer
Disclaimer The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and ASX Releases with more details regarding information in this presentation 25 Feb 2026 11 Feb 2026 20 Jan 2026 MITHRIL LIDAR STUDY REVEALS 1.5 KM TREND & HISTORIC MINES Targe
Slide 3: Mexican Silver & Gold High Margin Business
Mexican Silver & Gold High Margin Business For personal use only High Grade Discovery in a District-Scale Opportunity with Prolific Mining Jurisdiction Untapped Potential Early resource at Target 1 shows exceptional grades — 70 km² land package with 298 historic mines and 7.06 g/t AuEq (Indicated) a
Slide 4: Company Snapshot
Company Snapshot For personal use only Corporate Overview Ownership Major Shareholders MTH ASX History TSXV: MSG | ASX: MTH OTC: MTIRF Jupiter Gold & Silver Fund Retail Institutional Issued 184.8m 33% 41% Sprott Inc. Options (listed)* 21.6m Schroder Options (unlisted)* 28.9m Option (employee)* 9.4m
Slide 5: Board & Advisors
Board & Advisors Great projects need great people. The right team can turn a good discovery into a game-changing asset — and in mining, experience, judgment, and execution matter more than ever. For personal use only John Skeet Craig Sharpe David Toyoda Meghan Lewis CEO & Managing Director Non-Execu
Slide 6: Management
Management For personal use only John Skeet James Barr Josue Corral CEO & Managing Director Vice President Exploration Geology Manager • B.App.Sc, F.AusIMM Mary Smith • B. Sc Geol, P. Geo • B. Sc. (Geol) • 35 years as a mine builder in FSU, Australia and • +20 years exploration and mine development
Slide 7: Projects Overview
Projects Overview For personal use only Strategically Located in the Heart of Mexico’s Silver-Gold Trend Mexico is the world’s #1 silver producer, contributing 25% of global output — a proven, mining-friendly jurisdiction with tier-one infrastructure and a rich history of large-scale discoveries. Fl
Slide 8: Copalquin - Treasure of the Sierra Madre
For personal use only Copalquin-Treasure of the Sierra Madre 2024 LiDAR: >100% additional historic mines and workings than previously known Current drilling at Target 1 for resource update and Target 5 maiden drill programme completed. Target 3 drilling commenced January 2026. Several new areas high
Slide 9: Copalquin Drill Highlights
Copalquin From To Length Gold Silver AuEq x Mithril Gold Eq* Interval Interval Interval interval interval Int. Hole ID (g/t) (m) (m) (m) (g/t) (g/t) (g/t.m) CDH-001 111.00 114.00 3.00 34.7 3,129 79.4 238 Target 1 CDH-002 91.5 96.5 4.55 5.64 326 10.3 47 CDH-014 253.8 261.3 7.50 6.76 159 9.00 68 CDH-0
Slide 10: Copalquin - Target 1
For personal use only 8.03m @ 7.19 g/t Au & 260 g/t Ag Including 4.40m @ 9.87 g/t Au & 507 g/t Ag MTH-RE25-045 • Indicated 691 kt @ 5.43 g/t gold, 114 g/t silver for 121,000 oz gold + 2,538,000 oz silver • Inferred 1,725 kt @ 4.55 g/t gold, 152 g/t silver for 252,000 oz gold + 8,414,000 oz silver •
Slide 11: Locality & Infrastructure
To Chihuahua City For personal use only Locality & Infrastructure Excellent access & infrastructure with proximity to roads, power, and key regional hubs—ideal for efficient exploration and development. • Just 20 km from power and National Highway • Close to El Durazno township for workforce and ser
Slide 12: La Dura Property
La Dura Property For personal use only Acquisition announced December 2025 20 km2 of contiguous mining concessions hosting multiple historic mines and workings including the notable, four level La Dura gold-silver mine • Large database of sampling • LiDAR has been flown with interpretation early 202
Slide 13: La Dura NW Mineralisation Trend
La Dura NW Mineralisation Trend La Dura For personal use only LiDAR over 1.5 km strike La Dura Mine • LiDAR interpretation reveals 18 shafts, 44 adits, 134 shallow prospecting pits • Most of the mining activity is located La Dura along strike from the La Dura Mine Mining Concession • 1.5 km NW trend
Slide 14: ESG
ESG At Mithril, responsible exploration is integral to building long lasting value. We prioritise environmental protection, community engagement, and transparent governance in every aspect of our work — from planning and permitting to operations in the field. Strong ESG performance is not an add-on;
Slide 15: What's Next?
What’s Next? For personal use only District Scale Potential Coming into Focus With multiple rigs turning and a fully funded program, Mithril is driving rapid resource growth, new discoveries, and district-scale definition throughout 2026 Target 1 Target 3 Target 5 Large System Fully Funded High-grad
Slide 16: Why Invest?
Why Invest? Advancing one of Mexico’s highest-grade silver-gold districts — fully funded and up to 3 drills in 2026. Mithril is advancing a For personal use only high-margin discovery in the heart of a prolific mining region, backed by a seasoned team, supportive shareholders, and a clear path to re
Slide 17: Appendices
For personal use only Appendices www.mithrilsilvergold.com 17
Slide 18: Target 1 Maiden Resource
Target 1 Area – High Grade TARGET 1 - RESOURCE HIGHLIGHTS Maiden ✓ High-grade underground ✓ 17,700 m drilled, ✓ ~23,000 m drilled at mining taking advantage US$12.50 per oz AuEq* all Target 1 area since For personal use only of topography in discovery cost maiden resource Resource ✓ First of several
Slide 19: Target and District Drill Programme
Target 3 – Maiden Drill Programme District For personal use only Target 1 Resource – Update H1 2026 Mapping and Sampling Progress - Target 5 – Maiden Drill Programme 20 km2 in 2025 System Driving Target www.mithrilsilvergold.com 19
Slide 20: For personal use only
For personal use only 1 www.mithrilsilvergold.com See Slide 2 for list of ASX Announcements with details of the intercepts listed above 20
Slide 21: For personal use only
For personal use only www.mithrilsilvergold.com 21
Slide 22: Contact
For personal use only ASX: MTH TSXV: MSG OTCQB: MTIRF John Skeet Managing Director & CEO jskeet@mithrilsilvergold.com +61 435 766 809 (North America Based) NIKLI Communications Nicole Hoeller nicole@mithrilsilvergold.com Liz Monger liz@mithrilsilvergold.com Authorised by the Managing Director www.mi