Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Nordic Funds & Mines, Stockholm 2026
17 slides from Mithril Silver And Gold's conference presentation, Oct 6, 2026
Slide 1: A silver district with high-grade gold
rsonal use only A silver district with high-grade gold DURANGO, MEXICO Target 1 economics Target 4 growth Copalquin district scale TSXV: MSG ASX: MTH OTCQB: MTIRF NORDIC FUNDS & MINES, STOCKHOLM 15-16 OCTOBER 2026
Slide 2: Important information
Important information This presentation is for informational purposes only and does not constitute an offer to sell, or solicitation to purchase, any securities. Such offer can be made only through proper subscription ASX Releases with more details regarding information in this presentation document
Slide 3: The Investment Case – Copalquin, Durango Mexico
THE INVESTMENT CASE – COPALQUIN, DURANGO MEXICO High-Grade Resource Delivered in 2026 – PEA progressing New Adjacent Resource Area Growing – 2 drills working rsonal use only Economic assessment INDICATED AT TARGET 1 Target 1 PEA underway, targeting early 2027 343 koz gold + 8.48 Moz silver Near-term
Slide 4: Corporate Structure
CORPORATE STRUCTURE Institutional backing and insider alignment ASX: MTH TSXV: MSG OTCQB: MTIRF rsonal use only Capital structure 37% Institutional Shares on issue 187.4m 15% Board / Management / Insiders Options and warrants ~54m* Top 20 shareholders 70% 14% High net worth Market cap, 1 Oct 2026 ~A
Slide 5: Environment, Social & Governance
E N V I R O N M E N T, S O C I A L & G O V E R N A N C E Eight years of local operating relationships rsonal use only 40 Local residents directly employed Up to 3 Community schools supported July 2030 NOM-120 environmental permit extended through No ejidos Simplifies land access and tenure. Local re
Slide 6: Management
MANAGEMENT Experience in Mexico’s silver-gold success stories rsonal use only John Skeet James Barr CEO & Managing Director VP Exploration 35+ years building mines 20+ years in exploration 20 years working in Mexico and mine development PALMAREJO, OCAMPO, CERRO DEL GALLO SILVERCREST / LAS CHISPAS Jo
Slide 7: Board and Advisors
BOARD AND ADVISORS Capital markets, governance and technical depth BOARD ADVISORS rsonal use only Simon Catt Capital markets 20+ years in investment banking, founder of John Skeet Craig Sharpe GMP Securities Europe. Co founder Arlington Group Asset Management UK Managing Director and CEO Non-Executi
Slide 8: Copalquin sits in a proven silver-gold region
SIERRA MADRE, DURANGO, MEXICO Copalquin sits in a proven silver-gold region rsonal use only Established Sierra Madre Trend Palmarejo, San Julián and Guanaceví, La Cienega, Tahuehueto illustrate the region’s operating depth Recent open pit approvals in Mexico San Antonio, Sonora (July ‘26) Cerro de O
Slide 9: High-Grade Gold in a Silver District
HIGH-GRADE GOLD IN A SILVER DISTRICT Target 1 provides the resource base for the PEA The June 2026 upgrade increased the Indicated resource by 196% rsonal use only Target 1 Mineral Resource Estimate (underground mining shape constrained and diluted)* 75% Class Indicated Tonnes (kt) 3,391 Gold (g/t)
Slide 10: Target Simple Metallurgy
TARGET 1 SIMPLE METALLURGY High recoveries support a conventional process route rsonal use only Process Recoveries Gold Silver Recovery to flotation concentrate 93.5% 87.8% Overall recovery including leaching after flotation 96% 91% FLOTATION RESPONSE DEVELOPMENT OPPORTUNITY High recovery into conce
Slide 11: Copalquin–Zaragoza Structure: Target 4 opens adjacent resource upside
COPALQUIN–ZARAGOZA STRUCTURE Target 4 opens adjacent resource upside rsonal use only 550 m 1.5 km 200 m Confirmed mineralized strike and potential structural corridor vertical extent tested growing Adjacent to Target 1 Drilling is testing the interpreted structural corridor linking Target 1 with the
Slide 12: Copalquin–Zaragoza Structure
COPALQUIN–ZARAGOZA STRUCTURE Target 4 one of several key district structural targets New geologic model rsonal use only application: 1.5 km potential structure, with 550+ m confirmed strike and two drills currently working See ASX Announcement 27 Aug 2026 - WIDE, HIGH-GRADE HITS CONFIRM 550M STRIKE
Slide 13: Mithril's Accumulated Exploration Advantage
MITHRIL’S ACCUMULATED EXPLORATION ADVANTAGE Focused work is turning district knowledge into targets for resource expansion rsonal use only ~90,000 m of drilling across the 70 km² district Unexplored Northern Area Mapping and sampling Surface geology and historic workings help El Platano rank targets
Slide 14: Pipeline Project: La Dura
PIPELINE PROJECT La Dura adds low initial-cost exploration optionality rsonal use only 20 km² close to Copalquin, with the past producing La Dura mine LiDAR & Mag Surveys 1.5 km trend of historic workings – an obvious drill target First drilling planned for early 2027 18 shafts, 44 adits and 134 pro
Slide 15: The Investment Proposition
THE INVESTMENT PROPOSITION Why Mithril and Copalquin – silver district with high-grade gold rsonal use only 01 02 03 04 Relevant A defined starting The next growth Longer-term experience point opportunity optionality A highly experienced High-grade Target 1 Silver-rich Target 4 Multiple Copalquin ta
Slide 16: Peer Valuation Comparison at October 2026
P E E R VA L U AT I O N C O M PA R I S O N AT 2 O C T O B E R 2 0 2 6 Catalysts ahead for Significant Pricing Upside Mithril to peer median rsonal use only Kootenay Silver C$0.37 Mithril’s Target 1 resource is: • top 4 highest grade Mithril C$1.01 • gold and silver only • a single deposit GR Silver
Slide 17: Contact us
rsonal use only Contact us MANAGING DIRECTOR & CEO INVESTOR & MEDIA (NIKLI COMMUNICATIONS) John Skeet Nicole Hoeller jskeet@mithrilsilvergold.com nicole@mithrilsilvergold.com +61 435 766 809 Liz Monger liz@mithrilsilvergold.com www.mithrilsilvergold.com TRADING SYMBOLS TSXV: MSG ASX: MTH OTCQB: MTIR
Mithril Silver and Gold — Nordic Funds & Mines, Stockholm 2026 on 6ix