Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Precious Metals Summit Zurich 2024
15 slides from Mithril Silver And Gold's conference presentation, Nov 11, 2024
Slide 1: Precious Metals Summit - Zurich, 11-12 November 2024
For personal use only Precious Metals Summit - Zurich, 11-12 November 2024 Exploring one of the highest grade gold-silver districts in Mexico’s prolific Sierra Madre Gold- Silver Trend Accelerating in 2024-2025 ASX:MTH TSXV:MSG
Slide 2: Disclaimer
Disclaimer The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue
Slide 3: High-Margin Business - Mexican Silver & Gold
• 70km2 district with 298 historic mines and workings DISTRICT • multiple targets, large epithermal system SCALE • over 10km of mine tunnels and 15km of known veins For personal use only HIGH • Maiden Resource Target 1 – Ind. & Inf. 529 koz AuEq (37 moz AgEq)+ GRADE • 6.8 g/t AuEq (~500 g/t AgEq)+ •
Slide 4: Company Snapshot: Corporate Overview and Major Shareholders
CORPORATE OVERVIEW MAJOR SHAREHOLDERS OWNERSHIP ASX:MTH Jupiter Gold & Silver Codes 16.1% TSXV:MSG Fund 1832 Asset 144.2m 8.0% Retail Shares on Issue Management L.P. Board & For personal use only 42% Lowell Resources Advisors Options (listed)* 24.8m 1.8% Fund 16% Options (unlisted)* 20.4m IR (escrow
Slide 5: Board and Management
JOHN SKEET CEO and Managing Director CRAIG SHARPE Non-Executive Chairman • mine builder in FSU, Australia and Mexico • B. Comm in Economics and Finance, MBA and graduate of • 20 years experience in Mexico; Palmarejo, Ocampo, the AICD Cerro del Gallo, Copalquin • +25 years of experience in equity cap
Slide 6: Regional Districts Are Large and Long Lived
REGIONAL DISTRICTS ARE LARGE AND LONG LIVED Mexico is world’s #1 producer of silver, Historic Production Plus Dolores 2.4Moz Au 94Moz Ag* La India Current Resources/Prod. accounting for 25% of production Mulatos 4.5Moz Au* Pinos Altos 3.6Moz Au 100Moz Ag * For personal use only Ocampo 2.9Moz Au 126M
Slide 7: Globally Significant Drill Intercepts
From To Length Gold Silver Gold Eq* Silver Eq* • maiden resource (JORC and NI 43-101) in only 15 Hole ID Interval Interval Interval interval interval (g/t) (g/t) months of drilling+ (m) (m) (m) (g/t) (g/t) CDH-001 111.00 114.00 3.00 34.7 3,129 79.4 5,560 • highest grade maiden resource released for
Slide 8: Target 1 – Aim to 2X Resource in 2025
Target 1 Area 529,000 oz AuEq (373,000 oz Au + 10.9 Moz Ag (4.80 g/t Au + 141 g/t Ag)+ CDH-159 • aim to double current 33.0m @ 31.8 g/t Au, 274 g/t Ag resource Q1 2025 incl. 2.0m @495 g/t Au, 3,765 g/t Ag • develop other targets, at For personal use only least 2-3 additional Target 1 size resource p
Slide 9: The Treasure of the Sierra Madre
LiDAR flown in 2024 revealed >100% additional historic mines and workings than previously known For personal use only The Treasure of the Sierra Madre +See maiden resource slide details
Slide 10: Locality and Infrastructure
• within 20 km of electrical transmission line, National Hwy 24 and El Durazno township • 4hrs drive to Culiacan For personal use only • 8hrs drive to Chihuahua City (Agnico and Coeur Offices) • municipal road upgrade in 2024 (~US$300k) Locality and Infrastructure
Slide 11: Environmental, Social and Governance
ENVIRONMENT • man-portable diamond core drills • drilling contractor - environmental management practices • A future mine - small footprint u/g mining, high-grade, low tonnage, For personal use only waste rock storage u/g, dry-stack tailings SOCIAL • community wants education and employment opportun
Slide 12: Investment Summary
• High-margin Mexican silver and gold project • 298 historic mines and workings within 15 target areas in the 70km2 district For personal use only • experienced management +20 years in region of Mexico; Palmarejo prior to Coeur takeover, Cerro del Gallo prior to Primero takeover, plus highly experie
Slide 13: What is next for Mithril
• Drilling underway – current 9,000m program 50% complete • Fully funded for additional 35,000m in 2025 For personal use only • Q1 2025 Target 1 area - resource update, complete district access road upgrade • Q2 2025 – additional drill capacity for next 2 target areas, each similar sized to Target 1
Slide 14: Maiden Resource, Target 1 Resource Highlights
TARGET 1 - RESOURCE HIGHLIGHTS 2.4Mt CONTAINING ✓ High-grade underground ✓ 17,700 m drilled, ✓ 12,000 m drilled at • 373 koz Gold at 4.80 g/t mining taking advantage US$12.50 per oz AuEq* Target 1 area since of topography all in discovery cost maiden resource • 10.95 moz Silver at 141 g/t For person
Slide 15: Contact
For personal use only John Skeet Managing Director/CEO +61 435 766 809 jskeet@mithrilsilvergold.com Advisors Simon Catt +44 786 656 5544 scatt@agam.co.uk Arlington Tim Sorensen +1 416 509 9638 tsorensen@tscgcapital.com TSCG Capital Craig Stranger +61 409 206 500 cstranger@pacpartners.com.au PAC Part
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