MD presents an overview of the Company's activities to the 2014 RIU Explorers Conference

1. Managing Director’s Presentation
20 February 2014

2. 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
good faith. Certain information in this document has been derived from third parties and though Mithril has no reason to believe that it is not accurate, reliable or
complete, it has not been independently audited or verified by Mithril.
Any forward-looking statements included in this document involve subjective judgement and analysis and are subject to uncertainties, risks and contingencies, many of
which are outside the control of, and may be unknown to, Mithril. In particular, they speak only as of the date of this document, they assume the success of Mithril’s
strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from
the forward-looking statements and the assumptions on which the forward-looking statements are based. Recipients of this document (Recipients) are cautioned to
not place undue reliance on such forward-looking statements.
Mithril makes no representation or warranty as to the accuracy, reliability or completeness of information in this document and does not take responsibility for
updating any information or correcting any error or omission which may become apparent after this document has been issued.
To the extent permitted by law, Mithril and its officers, employees, related bodies corporate and agents (Agents) disclaim all liability, direct, indirect or consequential
(and whether or not arising out of the negligence, default or lack of care of Mithril and/or any of its Agents) for any loss or damage suffered by a Recipient or other
persons arising out of, or in connection with, any use or reliance on this presentation or information.
All amounts in A$ unless stated otherwise.
Competent Persons Statement
The information in this report that relates to the Nanadie Well Mineral Resource is based on information compiled by Mr David O’Farrell who is a full‐time employee of
Intermin Resources Limited and a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr O’Farrell has more than five years’ experience which is
relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined
in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”.
Mr O’Farrell consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
The information in this report that relates to Exploration Targets and Exploration Results is based on information compiled by Mr David Hutton, who is a Competent
Person, and a Fellow of The Australasian Institute of Mining and Metallurgy. Mr Hutton is Managing Director and a full-time employee of Mithril Resources Ltd.
Mr Hutton has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to
qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.
Mr Hutton consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Page 2

3. Mithril Resources (ASX: MTH)
 Actively exploring
 Copper, gold, nickel
 Strong in-house capabilities
 Divesting high-risk greenfields projects
 WA Goldfields focus
Page 3

4. Corporate Snapshot
Directors
Overview
Graham Ascough -
Non Executive Chairman
ASX Code
MTH
David Hutton -
Managing Director
Shares on issue
252.5 million
Donald Stephens -
Options (unlisted)
19.3 million
Non Executive Director
and Company Secretary
Market Cap
$2.5M (at 1.1 cents)
Derek Carter -
Non Executive Director
Cash (31 Dec 2013)
$1.7M
Richard Bonython -
Non Executive Director
Investments
$0.8M (9.28 million MGV
shares)
Management
Enterprise Value
$0
Top 40 hold 44%
Minotaur Resources - 8.5%
ConsMin - 3.2%
Lion Selection Fund - 3.1%
Trading at cash + investment backing
Jim McKinnon Matthews - Geology Manager
Shareholders
Directors and
Management – 2%
Institutions – 15%
Retail – 83%
Page 4

5. Latest developments
WA Goldfields
 Meekatharra copper projects
 West Kambalda nickel anomalies
Greenfields divestment
 MMG recommits to sole-funding East Arunta nickel search (in two JV’s)
 $1.5M spent to date with additional $2.5M + PFS required for MMG to earn 80%
interest (nickel rights only) in Huckitta JV.
 MMG spending further $5M over 6 years to earn 90% in adjacent Harts Range JV
 Discussions underway with potential new East Arunta copper exploration partners
Page 5

6. Meekatharra copper
 Acquired late December 2013
 Excellent address
 Big mineralised systems
 700km² landholding:


Copper Hills JV (Doray) – MTH earning
up to 80% by spending $1M over 4 years

Page 6
Nanadie Well JV (Intermin) – MTH
earning up to 75% by spending $4M over
6 years
100% - owned applications

7. Meekatharra copper
 Outcropping copper
 Multiple targets
 Limited deep drilling
 Significant upside
 Data review underway
Page 7

8. Nanadie Well (Mithril earning 75%)
 Drill ready targets:
 Nanadie Well Copper Deposit (36Mt
@ 0.4%Cu - 151Kt metal)
 Untested geophysical (IP) anomaly
 Historic gold workings (+1oz)
Nanadie Well Copper
Deposit
10 kilometres
Page 8

9. Nanadie Well Copper Deposit – big upside
 Big copper system with high grade potential
 Mafic – hosted copper sulphides
 Nickel, PGE’s and LREE’s
 900m length x 85m (ave) true width
 From surface to 200m depth
 Remains open in all directions
 Never been diamond drilled
 Confirmation of high-grade zones is priority
Surface
 Open pit opportunity?
Bedrock
Page 9

10. Nanadie Well Copper Deposit – cross sections
100 metres
100 metres
Page 10

11. Nanadie Well Copper Deposit – high grade?
 Mafic rocks and structure
 High grade drill intervals:
 Yellow (+0.5% copper)
 Red (+1% copper)
 Pink (+2.5% copper)
 New targets
500 metres
Resource outline (0.1% Cu
lower cut-off grade)
Page 11

12. Nanadie Well Copper Deposit – IP targets
Nanadie Well Copper Deposit
Untested IP anomaly
200 metre spaced pseudo sections showing chargeability response
Page 12

13. West Kambalda
 20 km west of Kambalda
 100km² landholding:

Spargos Reward – 100% MTH

Spargoville JV (KalNorth Gold) – MTH earning
80% by spending $2M over 4 years
 High-grade gold belt
 Widgiemooltha nickel deposits
 Multiple targets:

Spargos Reward – recent MTH drill results:
 8m @ 10.30g/t gold incl. 3m @ 25.73g/t
 14m @ 6.75g/t gold incl. 6m @ 12.67g/t

Page 13
Logan’s Find – new nickel anomalies

14. Logan’s Find – new gold and nickel anomalies
 Nickel auger anomalies (+1,000ppm Ni)
+ 50ppb Au anomaly
 4km long gold zone
 Open along strike
 11g/t gold in rock chips
 Limited drilling:
+ 1,000ppm Ni anomaly
 6m @ 1.65g/t gold from 30 metres
 Sand cover masks southern strike extent
1 kilometre
Area of sand cover
Page 14

15. Logan’s Find – northern nickel anomalies
 +1,000ppm nickel auger anomaly
 600m x 250m in area
 5,504ppm Ni (max nickel value) – with
coincident copper and PGE’s
 High MgO ultramafic
400 metres
 No prior nickel exploration
 Next steps – geological mapping / EM / drill
+ 1,000ppm Ni anomaly
Page 15

16. Indicative Activities
 Follow-up West Kambalda nickel – March 2014 Quarter
 East Arunta copper exploration partner – June 2014 Quarter
 Drill Meekatharra copper targets – June 2014 Quarter
 MMG to drill East Arunta nickel targets – June 2014 Quarter
Final timing to be confirmed and subject to Board approval
Page 16

17. Resource Inventory
Nanadie Well Copper Deposit (MTH earning 75%)
2004 JORC Code
Classification
Tonnes
(Mt)
Copper %
Gold ppm
Contained Copper (tonnes)
Contained gold (ounces)
Inferred
36.07
0.42
0.064
151,506
74,233
 Refer to Intermin Resources’ ASX Announcement “Initial Resource Estimate for the Nanadie Well Cu-Au Project” dated 19
September 2013.
 The information pertaining to the Nanadie Well Copper Deposit Inferred Resource was prepared and first disclosed by Intermin
Resources under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the
information has not materially changed since it was last reported.
Page 17

18. For further information:
David Hutton – Managing Director
Email - admin@mithrilresources.com.au
Webpage - www.mithrilresources.com.au
Phone - 08 8378 8200