Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — Shareholder Meeting (November 2013)
22 slides from Mithril Silver And Gold's shareholder meeting presentation, Nov 26, 2013
Slide 1: 2013 Annual General Meeting
For personal use only 2013 Annual General Meeting Managing Director’s presentation 26 November 2013
Slide 2: Mithril Resources
Mithril Resources For personal use only Mineral exploration company Run by explorers Copper, gold and nickel focus Excellent technical and management capabilities De-risking greenfields assets through partnerships Pursuing a new strategy Page 2
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Directors Overview Graham Ascough - Non Executive Chairman ASX Code MTH David Hutton - Managing Director Shares on issue 252.5 million Donald Stephens - Non Executive Director and Company Secretary Options (unlisted) 19.3 million Derek Carter - Non Executive
Slide 4: The last months
The last 12 months For personal use only Copper Exploration Reinforced prospectivity of East Arunta Project Area and developed strong target pipeline Gold Exploration Established foothold in WA Goldfields Highlighted commercial potential of Spargos Reward with new high-grade drill intercepts (
Slide 5: Exploration update - gold
Exploration update - gold For personal use only Page 5
Slide 6: Exploration Search Area
Exploration Search Area For personal use only Strategically located High-grade gold belt Targeting another Wattle Dam (262Koz mined) Mithril’s recent drill results highlight Spargos Reward potential 8m @ 10.30g/t gold incl. 3m @ 25.73g/t 14m @ 6.75g/t gold incl. 6m @ 12.67g/t Broad spa
Slide 7: Gold Search Area – geological setting
Gold Search Area – geological setting For personal use only Spargos Reward produced ~30,000ozs @ 8g/t gold Lady Allison Inferred Resource – 87,000ozs Logan’s Find Recent rock chips up to 11g/t Au Wattle Dam produced 262,000ozs @ 10.9g/t gold Page 7
Slide 8: Spargos Reward Gold Mine
Spargos Reward Gold Mine For personal use only Discovered - early 1930’s Mined - 1936 to 1942 and 1989 to 1991 (~30Koz produced @ 8g/t gold) Shear hosted with multiple lodes Remains open in all directions Shallow near mine targets 500 metres Gold zone – drill core KWDD007 Page 8
Slide 9: Spargos Reward Gold Mine – Shallow Targets
Spargos Reward Gold Mine – Shallow Targets For personal use only 250 metres vertical depth Page 9
Slide 10: Northern Targets – Spargos Reward area
Northern Targets – Spargos Reward area For personal use only All known gold deposits defined by auger sampling November 2013 auger sampling Spargos Reward (30,000ozs @ 8g/t gold) completes coverage across all target areas Lady Allison (87,000ozs) Gold in auger geochemistry contours with all dril
Slide 11: Northern Targets – Spargos Reward area
Northern Targets – Spargos Reward area For personal use only Remove ineffective historic drill holes (i.e. RAB holes average ≤ 10m depth) Targets remain untested with little or Spargos Reward (30,000ozs @ 8g/t gold) no prior drilling Lady Allison (87,000ozs) Gold in auger geochemistry contours w
Slide 12: Southern Targets – Logan's Find area
Southern Targets – Logan’s Find area For personal use only New auger results 4km strike length and still open Parallel mineralised shear zones Broad spaced shallow RC drilling 6m @ 1.65g/t gold from 30 metres 2m @ 3.08g/t gold from 32 metres Up to 11g/t gold in recent rock chip samplin
Slide 13: Exploration Update - copper and nickel
Exploration Update - copper and nickel For personal use only Page 13
Slide 14: Exploration Search Areas
Exploration Search Areas For personal use only Nickel Search Area VMS Copper - Zinc Search Area IOCG Copper Search Area Page 14
Slide 15: Copper and Nickel
Copper and Nickel For personal use only Plenty Highway El Gordo IOCG target Austin IOCG diamond drill core Iron Oxide Copper Gold, Volcanic Massive Sulphides, Magmatic Nickel Sulphides Limited modern exploration Recent work programs confirm concepts and reinforce prospectivity Further geophy
Slide 16: The East Arunta
The East Arunta For personal use only District scale footprint (5,000kms² area) within a new mineral province Proven concepts Granted tenure with established pipeline of near surface copper, nickel, gold targets MMG exploring for nickel Copper – cobalt resource (252Kt Cu metal) which remai
Slide 17: Outlook
Outlook For personal use only Pursuing a new brownfields strategy Rationalise non-core Pilbara project – finalising transaction Introduce partner to East Arunta Project Area – discussions commenced with parties Develop gold targets at West Kambalda – ongoing Acquire an advanced project – act
Slide 18: Acknowledgements and thank you
Acknowledgements and thank you For personal use only Page 18
Slide 19: Disclaimer
Disclaimer 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 For personal use only good faith. Certain information in this document has been derived from third parties and though M
Slide 20: Board and Senior Management
Board and Senior Management For personal use only Graham Ascough Geophysicist (25 years experience) including senior roles at Chairman Falconbridge (nickel and copper). Chairman of numerous ASX – listed resource companies David Hutton Geologist (23 years experience) including roles at Mount Isa Mine
Slide 21: Resource Inventory
Resource Inventory For personal use only Basil Copper Deposit (MTH 100%) Copper cut off Contained copper Contained cobalt JORC Category Tonnes (Mt) Copper (%) Cobalt (ppm) grade (%) (tonnes) (tonnes) Inferred 0.3 26.5 0.57 504 151,050 13,356 Inferred 0.1 90.0 0.28 309 252,000 27, 810 Lady Allison Go
Slide 22: For further information
For personal use only For further information: David Hutton – Managing Director admin@mithrilresources.com.au 08 8378 8200
Mithril Resources — Shareholder Meeting (November 2013) on 6ix