Mithril Silver And Gold Limited · ASX:MTH
Mithril Silver And Gold — Mithril Resources — Investor Series Nickel Conference (April 2007)
21 slides from Mithril Silver And Gold's conference presentation, Apr 24, 2007
Slide 1: A Nickel Sulphide Explorer
“A Nickel Sulphide Explorer” Investor Series Nickel Conference April 24th, 2007 www.mithrilresources.com.au
Slide 2: Mithril Resources - Highlights
Mithril Resources - Highlights Active Greenfield Nickel Explorer Strong Project Portfolio – 14 Active Exploration Projects – Large landing holding in emerging nickel belts Increased Drilling in 2007 – Drilling planned on 8 projects Valuable Exploration Alliance with BHP Billiton Experience
Slide 3: Mithril Resources Ltd
Mithril Resources Ltd ASX Listed MTH Outstanding Shares 41M Current Market Cap $14.8M Cash (31/03/2007) $4.5M Substantial Shareholders – Minotaur Resources Investments Pty Ltd 21.7% – Consolidated Nickel Pty Ltd 19.99% 3
Slide 4: Mithril Strategy
Mithril Strategy Growth through the discovery/development of nickel–copper sulphide deposits in Australia Key Points • Commodity Focus - Nickel • Alliance Partner - BHP Billiton • Exploration Targets - Greenfield, Large Scale • Managing Risk – Partner projects at an early stage – Farm-out non-co
Slide 5: Mithril Resources Ltd - Management Team
Mithril Resources Ltd - Management Team Graham Ascough John Roberts (Chairman) Richard Bonython (Managing Director) (Director) Gary Snow Derek Carter (Director) (Director) Don Stephens (Director/Secretary) Peter Gower (Director) 5
Slide 6: Mithril – Project Location Map
Mithril – Project Location Map Junction JV Andrew Young Tanami JV Bulloo Downs Hammer Hill JV Indiana JV Casey Byro SA Musgrave Dominion JV Silver Swan North Koonenberry Barton Talia Hill JV Kalli Jv Cooper Hill Ceduna JV Coolac Mithril Funded/Managed BHP Billiton Funded/MTH Managed 3rd Party Funded
Slide 7: 2007 Exploration Programme
2007 Exploration Programme Q1 2007 Q2 2007 Q3 2007 Q4 2007 WA Projects Silver Swan North DHEM in PROGRESS Byro Bulloo Downs NT Projects Casey DRILL PIPELINE PROSPECT Tanami JV Indiana AEM PROGRAM (BHPB Funded) DRILL Ni TARGETS Hammer Hill JV Andrew Young SA Projects Dominion JV DRILL Ni TARGETS (6 h
Slide 8: Mithril – Project Location Map
Mithril – Project Location Map Junction JV Andrew Young Tanami JV Bulloo Downs Hammer Hill JV Indiana JV Casey Byro SA Musgrave Dominion JV Silver Swan North Koonenberry Barton Talia Hill JV Kalli Jv Cooper Hill Ceduna JV Coolac Mithril Funded/Managed BHP Billiton Funded/MTH Managed 3rd Party Funded
Slide 9: Silver Swan North JV (FerrAus Ltd)
Silver Swan North JV (FerrAus Ltd) Silver Swan Operation (Lionore) Mithril/BHP Billiton Earning 51% Mithril Operates, BHP Billiton Funds 9
Slide 10: Mithril – Project Location Map
Mithril – Project Location Map Junction JV Andrew Young Tanami JV Bulloo Downs Hammer Hill JV Indiana JV Casey Byro SA Musgrave Dominion JV Silver Swan North Koonenberry Barton Talia Hill JV Kalli Jv Cooper Hill Ceduna JV Coolac Mithril Funded/Managed BHP Billiton Funded/MTH Managed 3rd Party Funded
Slide 11: Dominion JV – South Australia
Dominion JV – South Australia Located 740km northwest of Challenger Mine Site Adelaide Target: Mafic Numerous mafic-ultramafic Ultramafic bodies identified Bodies Tectonically similar to the Thompson Ni Belt Covers 3332 Km2 Limited nickel exploration Mithril earning a 75% interest throug
Slide 12: SA Musgrave Project
SA Musgrave Project NEBO / BABEL (BHP Billiton) - Large, low grade nickel deposit - Mithril has access to data through the Alliance Host to large under-explored mafic complex 100 km Mithril’s landholding 33,900 km2 (~40%) Significant progress towards access in 2007 12
Slide 13: Barrick JV Tenements – SA Musgrave Project
Barrick JV Tenements – SA Musgrave Project Nickel Sulphides Identified by PIRSA 13
Slide 14: Mithril – Project Location Map
Mithril – Project Location Map Junction JV Andrew Young Tanami JV Bulloo Downs Hammer Hill JV Indiana JV Casey Byro SA Musgrave Dominion JV Silver Swan North Koonenberry Barton Talia Hill JV Kalli Jv Cooper Hill Ceduna JV Coolac Mithril Funded/Managed BHP Billiton Funded/MTH Managed 3rd Party Funded
Slide 15: Indiana JV – Hammer Hill JV – Tanami JV
Indiana JV – Hammer Hill JV – Tanami JV TANAMI JV PROJECT Mithril – Tanami JV (Mithril Earning up to 80%) y Railwa 0.3% Ni, 750ppm Cu in Ultramafic 0.54% Ni Rock Chip PLENTY HWY HAMMER HILL PROJECT Mithril – Arafura JV (Mithril Earning up to 70%) 0.54% Ni Rock Chip STU Crustal Scale Lineament Ultram
Slide 16: Indiana – Hammer Hill JV – Tanami JV
Indiana – Hammer Hill JV – Tanami JV INDIANA PROJECT Mithril - BHP Billiton JV 0.3% Ni, BHP Billiton Earning 65% 750ppm Cu in HAMMER HILL PROJECT Ultramafic Mithril – Arafura JV (Mithril Earning up to 0.54% Ni 70%) Rock Chip 0.57% Ni TANAMI JV PROJECT (mag/lag) Mithril – Tanami JV Mithri
Slide 17: Casey Project
Casey Project Mithril 100% Pipeline Gossan 3.4%Cu, 0.3%Zn Arthur Popes – NTGS Samples 8.0% Cu, 21 ppb Au and 0.38% Cu, High REE’s , 32 ppm U Ringwood Prospect Anomalous Copper (up to 0.25%) over 12km 5km 17
Slide 18: Casey - Pipeline Gossan Prospect
Casey - Pipeline Gossan Prospect Pipeline Gossan Elevated Copper over 80m Strike 0.78%Zn Weak Conductor 2.7%Cu 3.4%Cu 3.0%Cu 1.0%Cu 18
Slide 19: Casey Project – Pipeline Gossan
Casey Project – Pipeline Gossan 19
Slide 20: Casey Project - Arthur Popes Prospect
Casey Project - Arthur Popes Prospect Silicified and locally gossanous veins anomalous in copper and REE’s mapped over 3Km 20
Slide 21: Summary
Summary Strong portfolio of quality projects Aggressive exploration programme over the next 6-12 months Highly leveraged on exploration expenditure Well placed for discovery in strong nickel/copper market 21
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