Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — Shareholder Meeting (November 2015)
21 slides from Mithril Silver And Gold's shareholder meeting presentation, Nov 26, 2015
Slide 1: Annual General Meeting Presentation
Mithril Resources (ASX: MTH) For personal use only Drilling next week at Stark Annual General Meeting Presentation David Hutton | Managing Director | 26 November 2015
Slide 2: Company Snapshot
Company Snapshot For personal use only Actively exploring 4 work programs underway / about to commence 3 are externally funded Drill ready targets Drilling next week at Stark Slide 2
Slide 3: 4 work programs
4 work programs For personal use only Project Commodity Operator / Funding Status Activity Copper Mithril RC drilling Stark Nickel Drill Ready (earning up to 75% by spending $4M over 6 years) next week PGE’s Corona Minerals Drilling planned – Spargos (earning up to 85% by spending $0.25M + Scoping G
Slide 4: Stark (copper-nickel-PGE's)
Stark (copper-nickel-PGE’s) For personal use only 80km SE of Meekatharra Mithril discovery 50 kilometres of prospective rocks No previous exploration for Cu-Ni-PGE’s 100%-owned and JV tenements Nanadie Well JV with Intermin Resources (ASX: IRC) Slide 4
Slide 5: What is Stark?
What is Stark? For personal use only Large magmatic copper-nickel-PGE system • Mafic host rocks • 1 km strike length and remains open in all directions • Only 8 holes drilled to date High Grade • Massive and disseminated sulphides • Up to 13.7% copper, 1.62% nickel, 3.94g/t PGE’s Visible to EM geoph
Slide 6: Stark ground EM conductors
Stark ground EM conductors For personal use only Over half of the EM conductor remains to be tested by drilling Slide 6
Slide 7: Stark EM conductors – cross section view
Stark EM conductors – cross section view For personal use only Lie on prospective “basal” contact of mafic intrusion Support the ground EM conductors Geophysical signatures consistent with massive sulphides (2,000 – 3,000S) No “false” conductors (i.e. graphite or black shale) in Stark drilling to da
Slide 8: Stark planned drillholes
Stark planned drillholes For personal use only Planned drill pierce point Slide 8
Slide 9: Spargos Reward (gold)
Spargos Reward (gold) For personal use only Corona Minerals sole-funding / managing 20km west of Kambalda Close to infrastructure High-grade gold belt (i.e. Wattle Dam) Targets include Spargos Reward Gold Deposit Corona planning to drill to establish a JORC Resource as early as possible Drilling pla
Slide 10: Spargos Reward Gold Deposit
Spargos Reward Gold Deposit For personal use only Discovered - early 1930’s ~30Koz historic production (@ 8g/t gold) Multiple lodes Remains open down dip and along strike Slide 10
Slide 11: Spargos Reward Gold Deposit
Spargos Reward Gold Deposit For personal use only 2013 drill results include: • 8m @ 10.30 g/t gold incl. 3m @ 25.73 g/t • 10m @ 4.60 g/t gold incl. 3m @ 13.00 g/t • 10m @ 3.18 g/t gold incl. 2m @ 8.15 g/t • 4m @ 6.63 g/t gold incl. 1m @ 8.15 g/t KWDD007 197.2 – 198m (5.5g/t gold) Slide 11
Slide 12: Duffy Well (gold)
Duffy Well (gold) For personal use only Doray Minerals (ASX: DRM) sole-funding / managing 30km east of Meekatharra Trucking distance to Andy Well gold mine High-grade gold belt (i.e. Turnberry prospect) Two gold targets identified Field follow-up of targets - December 2015 Slide 12
Slide 13: Duffy Well
Duffy Well For personal use only Andy Well Gold Mine (Doray Minerals) Turnberry Prospect (recent Doray drill intercepts - 3m @ 10.1g/t Au and 5m @ 17.4g/t Au) Gnaweeda (Doray Minerals) Mithril Targets (+50ppb Au and +100ppm As bedrock anomalism in shallow drilling) Duffy Well (MTH) Slide 13
Slide 14: Kurnalpi (nickel and gold)
Kurnalpi (nickel and gold) For personal use only Chesser Resources (ASX: CHZ) sole-funding / managing 60km northeast of Kalgoorlie Data compilation and target generation underway Slide 14
Slide 15: News flow
News flow For personal use only Activity December January February Stark RC drilling Spargos Reward drilling Duffy Well field follow-up of targets Kurnalpi data compilation / target generation Slide 15
Slide 16: Company Snapshot
Company Snapshot For personal use only Actively exploring 4 work programs underway / about to commence 3 are externally funded Drill ready targets Drilling next week at Stark Slide 16
Slide 17: Thank you to all Shareholders, Directors and Staff
For personal use only Thank you to all Shareholders, Directors and Staff Slide 17
Slide 18: Appendix 1. Corporate Summary
Appendix 1. Corporate Summary For personal use only Overview Directors and Management Shares on issue 498 million Graham Ascough Non Executive Chairman Options (unlisted) 22.1 million David Hutton Managing Director Market Cap $2.50M Non Executive Director & Donald Stephens Cash (31/09/2015) $0.45M C
Slide 19: Appendix 2. JORC Information
Appendix 2. JORC Information For personal use only Further details (including JORC 2012 Code Reporting Tables, where applicable) for the information included in this Presentation can be found in the following announcements previously lodged with the ASX: • Doray farming in to Mithril's new Meekathar
Slide 20: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement 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
Slide 21: Contact Details
Contact Details For personal use only Website – www.mithrilresources.com.au Email – admin@mithrilresources.com.au Phone – 08 8132 8800 Follow us on MithrilResources@MTHResources Slide 21
Mithril Resources — Shareholder Meeting (November 2015) on 6ix