Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — Investor Presentation (December 2010)
30 slides from Mithril Silver And Gold's investor presentation, Dec 8, 2010
Slide 1: Investor Presentation December 2010
For personal use only DECEMBER 2010 INVESTOR PRESENTAION ASX: MTH www.mithrilresources.com.au Please note the important disclaimer and competent person’s statement at the end of this presentation
Slide 2: Mithril's Project Overview and Highlights
Mithril’s Project Overview and Highlights PRESENTATION AGENDA For personal use only 1. Huckitta, NT East Pilbara 2. East Pilbara, WA 4 new tenements granted with nickel, copper, iron potential Huckitta (Harts Range) New copper discovery (Basil) on 3. Sandstone, WA 100% held ground with potential for
Slide 3: Mithril Resources Ltd – Summary
Mithril Resources Ltd – Summary Mithril is a base metal explorer with a highly experienced team that For personal use only combines advanced technology with traditional exploration to deliver success in frontier (greenfield) areas. Capital Structure Shares on Issue (ASX:MTH) 119.2M Unlisted Opti
Slide 4: Huckitta Project and Prospects
Huckitta Project and Prospects Surface rockchip samples 50 km For personal use only Blackadder 3 .8%Ni, 9.6%Cu Tibbs Plenty Highway 13.9g/t Au, 0.7%W Baldrick Gatsby Elevated 2.3%Ni, 2.4%Cu Cu, Co Manuel 8.6%Cu, 0.18gpt Au Sybil 0.9% Cu, 0.1% Zn Hale River 13% Cu, 2.9g/tAu Flashheart 3.9%Cu, 0.3g/tA
Slide 5: Huckitta Project Copper, Nickel, Gold Prospects
Huckitta Project Copper, Nickel, Gold Prospects Tibbs Treasure JV New Prospect For personal use only Cu and Au anomalism (MTH earning 80%) Surface Rockchip/Lag with VTEM anomaly Gold to 13.9g/t, Baldrick >1.0% Cu Tungsten to 0.7% 2.3%Ni, 2.4%Cu 0.1%Cu to 1.0%Cu 3km strike - open Gatsby 0.03%Cu to 0.
Slide 6: Target Pipeline to Potential Development
Target Pipeline to Potential Development TARGET STYLES For personal use only Multiple extensive Cu – Co geophysical (VTEM) anomalies on Basil structural break Manuel West under cover Sybil Gatsby Manuel Basil Polly IVT17, 20, 61, 45 Basil Basil 10 High Priority Miggins Possible geophysical targets B
Slide 7: Huckitta Project Weather Delays
Huckitta Project Weather Delays..... For personal use only
Slide 8: Southern Portion of the Basil Copper Prospect
Southern Portion of the Basil Copper Prospect Drilling Highlights and Targets OPEN – mapped mineralisation for 8km LB012RC 41m @ 0.6 % Cu, 0.04% Co For personal use only LB025DD 56m @ 0.52% Cu, 0.06% Co LB035DD 59.1m @ 0.63% Cu, 0.07% Co Including 13m @ 0.89% Cu, 0.05% Co LB027DD 29m @ 0.66 % Cu, 0.
Slide 9: Southern Portion of the Basil Prospect
Southern Portion of the Basil Prospect (Mineralised horizon long section, true width intercepts) Drilling to date has intersected copper and cobalt mineralisation over 2km of strike For personal use only Intersected significant widths of mineralisation in several drillholes (53m@0.63%Cu, 0.06%Co
Slide 10: Basil Prospect Summary Map
Basil Prospect Summary Map For personal use only Drilled Mineralisation Gravity Target Electrical Conductors (EM) 500m Drilled Mineralisation
Slide 11: Basil Prospect Area Magnetics and Gravity
Basil Prospect Area Magnetics and Gravity For personal use only 2.0km Polly Prospect Currently drilling Basil Mineralised Trend Large untested gravity anomaly under thin cover Rotten Hill Zone Up to 59.1m @ 0.63%Cu Manuel Prospect Multiple Cu-Co mineralised intercepts Untested VTEM anomaly
Slide 12: Manuel Drill Results and Targets
Huckitta Project Manuel Drill Results and Targets For personal use only LB0DD29 – Massive Sulphide Breccia Surface Rockchip/Lag Rock Type 0.3m @ 3.4% Cu, 624ppm Co >1.0% Cu Amphibolite 0.1%Cu to 1.0%Cu Felsic-Metasediment 0.03%Cu to 0.1% Cu Augen Gneiss <0.03%Cu Mineralised Horizon Drillhole Collar
Slide 13: Huckitta Project – Polly Trend
Huckitta Project – Polly Trend Completed drilling – assays pending Surface Rockchip/Lag For personal use only >1.0% Cu 0.1%Cu to 1.0%Cu Polly Priority 0.03%Cu to 0.1% Cu VTEM Target <0.03%Cu Completed Drillhole 200m
Slide 14: Tibbs gold-tungsten-copper gossan
Tibbs gold-tungsten-copper gossan For personal use only Marble Gossan 4.6g/t Au, 0.5% W, 0.1% Cu 2m Felsic Gneiss
Slide 15: Tibbs Gold – Tungsten Prospect
Tibbs Gold – Tungsten Prospect For personal use only Open 100% Mithril Assays pending EL25453 (Oklo JV) 1.1g/tAu, 0.4%W, 0.06%Cu 4.6g/tAu, 0.5%W, 0.08%Cu 0.7%W, 0.10%Cu 0.35g/tAu, 2.1%Cu 3.6g/tAu, 0.5%W, 0.13%Cu 0.024g/tAu, 0.05%W, 0.09%Cu 13.9g/tAu, 0.1%W 1.0g/tAu, 0.26%Cu 4.0g/tAu VTEM Anomaly 1.9
Slide 16: Blackadder-Baldrick Nickel Prospects
Blackadder-Baldrick Nickel Prospects Satellite Image For personal use only BALDRICK BARC007 9m @ 0.48%Ni and 0.37%Cu BARC006 8m @ 0.26%Ni and 0.13%Cu 2.3%Ni, 2.4%Cu EL 25346 1.0%Ni, 1.5%Cu EL 25453 Initial drilling validates nickel potential 3.8%Ni, 9.6%Cu 1.7g/tPGEs, 25g/tAg BARC002 Multiple ni
Slide 17: Baldrick Ni-Cu-PGE intrusion Cross Section
Baldrick Ni-Cu-PGE intrusion Cross Section For personal use only 0100 1900 Gabbro Felsic Gneiss 8m @ 0.26%Ni, 0.13%Cu 2m @ 0.14%Ni, 0.06%Cu 49m Sheerd Gabbro and weak stringer mineralisation 50m 91m 50m
Slide 18: Baldrick Ni-Cu Prospect – Gravity Target
Baldrick Ni-Cu Prospect – Gravity Target Gravity anomaly down plunge For personal use only of mineralisation - Target Baldrick Intrusion Significant Ni-Cu sulphides on basal contact
Slide 19: Huckitta Project Objectives for 2011
Huckitta Project Objectives for 2011 Expand Basil and Discover ‘Higher’ Copper Grades For personal use only Drill Test; Basil Gravity Target Down Dip Extension of Basil Drill test DHEM anomalies at Polly Drill test DHEM anomalies at Manuel Camp East Magnetic-Gravity feature Discover New Ni
Slide 20: East Pilbara Tenement Locations
East Pilbara Tenement Locations For personal use only 50km Four granted tenements and two applications totalling over 700sqkm Port Hedland Pardoo (Atlas) PARDOO PROJECT Prospective for nickel, copper, iron ore, manganese & gold Goldsworthy (BHP) Shay Gap Poondana (Jupiter) Very limited previous work
Slide 21: East Pilbara Project - Cattle Well Tenements
East Pilbara Project - Cattle Well Tenements Surface Rockchip Results For personal use only GORGE PROSPECT •Chalcopyrite at surface •Up to 27%Cu, 0.4%Ni ,37g/t Ag •Multiple mineralised horizons E45 / 3457 COONGAN PROSPECT >20%Pb, 127g/t Ag NEW PROSPECT up to 0.7%Cu, 0.1%Ni, 42ppb Pt+Pd Granite Prosp
Slide 22: Sandstone Project – Western Australia
Sandstone Project – Western Australia For personal use only Four applications for a total of 684sqkm Covers portions of the Sandstone Greenstone Sandstone Belt which is prospective for gold and nickel sulphides. To Leinster 90km Interpreted northern extension to the Forrestania Greenstone Belt hosti
Slide 23: Sandstone Project Area
Sandstone Project Area Western Area’s Ni discovery on regional geology For personal use only Western Area’s JV Mithril ELAs Mafic Granite Ultramafic Leinster Felsic Sediments Fault SandstoneSandstone Western Area’s Township Nickel Sulphide Western Areas NL MITHRIL Prospects New nickel sulphide disco
Slide 24: Musgrave Minerals
Minerals MM r perso ) @ F
Slide 25: Musgrave Minerals Limited
Musgrave Minerals Limited For personal use only An initiative by Mithril, Independence and Goldsearch Barrick (PD) Australia Limited, Integra Mining & Argonaut Resources have also agreed to vend their Musgrave interests to Musgrave Minerals and will be cornerstone investors The six companies h
Slide 26: Musgrave Minerals Limited
Musgrave Minerals Limited For personal use only Lyta Ni Target EL3942 (feeder dyke) area Moorilyanna Cu Prospect A Musgrave focused explorer consolidating ~50,000km2 of exploration interests Mithril to hold ~10% interest
Slide 27: Moorilyana Cu Prospect
Moorilyana Cu Prospect Musgrave Minerals (100%) For personal use only Copper prospect first identified in 1968, no further work since 1971 Historic soil geochemistry outlines anomalous area >3km in length Recent rock chips assayed up to 4.95% Cu, 0.38 g/t Au, 9.6 g/t Ag New Cu-Au-Ag mineralisation i
Slide 28: Kanypi VTEM Results
Kanypi VTEM Results on Magnetic Image 100 km2 VTEM Test Flight For personal use only 7 Drill Targets Identified Lyta Ni Target
Slide 29: Investment Opportunity
Mithril Resources Limited Investment Opportunity STRONG PROJECT PORTFOLIO For personal use only Huckitta, NT –Extensive Drill Program Commencing in March2011 An emerging new mineral province where Mithril has made a new copper-cobalt discovery and developed a number of drill-ready copper, nickel a
Slide 30: 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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