Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — AMEC National Investor Briefing Roadshow, Sydney (September 2007)
25 slides from Mithril Silver And Gold's conference presentation, Sep 17, 2007
Slide 1: A Nickel Sulphide Explorer
For personal use only A Nickel Sulphide Explorer AMEC National Investor Briefing Roadshow Sydney September 15th, 2007 www.mithrilresources.com.au
Slide 2: Mithril Resources - Highlights
Mithril Resources - Highlights For personal use only Greenfield Nickel Explorer Strong Project Portfolio – Large landing holding, >49,000 km2 – Focus on emerging nickel belts – Alliance with BHP Billiton Aggressive Exploration Programme for 2008 Experienced Corporate & Exploration Team 2
Slide 3: Mithril Resources Ltd
Mithril Resources Ltd For personal use only “Growth through the discovery and development of nickel sulphide resources” ASX Listed MTH Outstanding Shares 47.1M Market Cap $12.2M Cash on hand $5.1M Substantial Shareholders – Minotaur Resources Investments Pty Ltd 19% – Consolidated Nickel P
Slide 4: Mithril Resources Ltd
Mithril Resources Ltd For personal use only Graham Ascough John Roberts Chairman Richard Bonython Managing Director Non-exec Director Gary Snow Derek Carter Non-exec Director Non-exec Director Don Stephens Non-exec Director/ Peter Gower Company Secretary Non-exec Director 4
Slide 5: Mithril Resources – Location Map
Mithril Resources – Location Map For personal use only MITHRIL’S EXPLORATION PROJECTS 14 Joint Ventures Darwin 34 Granted EL’s/ML’s 36 EL Applications 49,790 km2 5000 km VTEM Survey In Progress Junction JV Tanami JV Andrew Young Hammer Hill JV Spin-out to Bulloo Downs Indiana JV Meridian Min
Slide 6: Genetic Model for Nickel Sulphide Ores
Genetic Model for Nickel Sulphide Ores For personal use only Norilsk erosional level Subvolcanic staging Nickel Sulphide Deposits ORE chambers are associated with: Upper crustal Shallow sill and dyke sediments complex Mafic/Ultramafic rocks Large magmatic ORE Mid-crustal magma complexes chamber
Slide 7: Huckitta Project Area - NT
Huckitta Project Area - NT For personal use only TANAMI JV Mithril – Tanami JV (Mithril Earning 80%) y An Emerging Ni Belt? Railwa PLENTY HWY HAMMER HILL JV Mithril – Arafura JV (Mithril Earning 70%) STU INDIANA JV ART Mithril - BHP Billiton JV (BHP Billiton Earning 65%) HW Y ALICE SPRINGS 25 kilome
Slide 8: Huckitta – Regional Geology & M/UM Rocks
Huckitta – Regional Geology & M/UM Rocks For personal use only PLENTY HWY Outcropping Ultramafic Bodies 8
Slide 9: Huckitta – Magnetics (1VD)
Huckitta – Magnetics (1VD) For personal use only 9
Slide 10: Huckitta – Magnetics (1VD) & Ni Anomalism
Huckitta – Magnetics (1VD) & Ni Anomalism For personal use only 0.3% Ni, 750ppm Cu (rock chip) 0.54% Ni (rock chip) 1084ppm Cu, 619 ppm Ni (Mag Lag) 0.7% Ni (rock chip) Coincident EM and Magnetic Target 10
Slide 11: Huckitta - Summary
Huckitta - Summary For personal use only 0.3% Ni, 750ppm Cu (rock chip) 0.54% Ni (rock chip) 1084ppm Cu, 619 ppm Ni 0.7% Ni (Mag Lag) (rock chip) Favourable geological setting Limited historic exploration Anomalous Ni-Cu values VTEM survey in progress 11
Slide 12: Mithril Resources – Location Map
Mithril Resources – Location Map For personal use only Darwin Junction JV Tanami JV Andrew Young Hammer Hill JV Bulloo Downs Indiana JV Alice Springs Casey Byro SA Musgrave Brisbane Dominion JV Silver Swan Barton Talia Hill JV North Kalgoorlie Perth Cooper Hill Kalli JV Boomey Koonenberry Ceduna JV
Slide 13: Dominion JV – South Australia
Dominion JV – South Australia For personal use only Challenger Located 740km northwest of Mine Site Adelaide Target: Mafic Numerous mafic-ultramafic Ultramafic Bodies bodies identified Compares favourably to the Thompson Ni Belt, Canada Covers 3332 Km2 Limited nickel exploration Mithril
Slide 14: Dominion JV – Aristarchus Area Magnetics
Dominion JV – Aristarchus Area Magnetics For personal use only Nickel sulphides identified DMDD002 Large mafic body untested 0.45m @ 0.16%Ni & 0.23g/t Pt-Pd Anomalous Ni-Cu-Pt values Downhole/Ground EM in DMDD003 progress DMDD001 Aristarchus 2006 Ground EM Coverage AEM Anomaly Anomalous nick
Slide 15: Mithril’s Land Holding - Musgrave Province, SA
Mithril’s Land Holding - Musgrave Province, SA For personal use only NEBO / BABEL (BHP Billiton) - Large, low grade nickel deposit - Mithril has access to data Access Deed in Place through the Alliance PepinNini’s Mt Harcus Prospect Host to large under-explored mafic complex Anangu Pitjantjatjar
Slide 16: Musgrave Barrick JV’s - ELA’s 104/07, 105/07
Musgrave Barrick JV’s - ELA’s 104/07, 105/07 For personal use only Mann Fa ult Previous Work (Rio Tinto 2000-02) >90% covered by thin sand Airborne EM Id’s 13 Targets 3 Drillholes, anomalous Pb-Zn-Ag Did not test large magnetic anomalies (interpreted to be Giles Complex) 16
Slide 17: Musgrave Barrick JV - ELA’s 104/07, 105/07
Musgrave Barrick JV - ELA’s 104/07, 105/07 For personal use only Mann Fa ult Planned Work Programme Ground Geophysics (EM) Mapping and Sampling 3 Traverses of Aircore Drilling 17
Slide 18: SA Musgrave - Magnetics
SA Musgrave - Magnetics Tenements Under Negotiation with APY For personal use only ELA52/97 (Mithril/PMC) ELA380/97 (Mithril/Integra) ELA54/97 (Mithril/PMC) PepinNini’s Mt Harcus Project Sulphide-bearing mafic rocks intersected in drilling (Aug 07) 0 30km 18
Slide 19: Mithril Resources – Location Map
Mithril Resources – Location Map For personal use only Darwin Junction JV Tanami JV Andrew Young Hammer Hill JV Bulloo Downs Indiana JV Alice Springs Casey Byro SA Musgrave Brisbane Dominion JV Silver Swan Barton Talia Hill JV North Kalgoorlie Perth Cooper Hill Kalli JV Boomey Koonenberry Ceduna JV
Slide 20: Silver Swan North JV (BHPB-MTH-FerrAus JV)
Silver Swan North JV (BHPB-MTH-FerrAus JV) For personal use only Silver Swan 640kt @ 9.5%Ni Black Swan 10.4Mt @ 0.83%Ni 20
Slide 21: Silver Swan North JV
Silver Swan North JV Mithril Drillholes on Magnetics For personal use only Magnetic Bodies Map High MgO Ultramafic Black Swan 10.4Mt @ 0.83%N Silver Swan 640kt @ 9.5%Ni 1 km 21
Slide 22: Silver Swan North JV – 3D Mag Inversion – North Block
Silver Swan North JV 3D Mag Inversion – North Block For personal use only ~3 Km TMI Image @ 200m Vertical Depth 22
Slide 23: Silver Swan North JV – Proposed Drilling (Blue)
Silver Swan North JV – Proposed Drilling (Blue) For personal use only SNDD020 SNDD021 SNDD023 SNDD022 l Depth e @ 470m Vertica TMI Im ag 23
Slide 24: Silver Swan North – Proposed Drilling with DHEM Search Radius of 75m
Silver Swan North – Proposed Drilling with DHEM Search Radius of 75m For personal use only SNDD020 SNDD021 SNDD023 SNDD022 l Depth e @ 470m Vertica TMI Im ag 24
Slide 25: Mithril Resources Ltd - Summary
Mithril Resources Ltd - Summary For personal use only Strong portfolio of quality projects – Nickel focus – Exposure to copper, uranium & mineral sands Aggressive exploration programme over the next 6-12 months Highly leveraged on exploration expenditure Well placed for discovery in strong n
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