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Mithril Resources Limited (ASX:MTH) Nickel Cobalt Zinc Copper - Investor Update Presentation
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 Mithril Resources Limited (ASX:MTH) provides the Company's latest Investor Presentation.
Snapshot
1. Drilling new bedrock EM conductors & high-grade nickel cobalt (Kurnalpi)
2. New targets along strike from +10% zinc + lead drill hits (Billy Hills)
3. Assessing new copper zinc targets (Southern Target Area)
4. $5M market cap
High grades at Kurnalpi
- Some of the historic drill intercepts;
o 42m @ 1.25% nickel, 0.07% cobalt from 24 metres including 6m @ 1.78% nickel, 0.20% cobalt,
o 10m @ 0.70% nickel, 0.11% cobalt from 30 metres including 3m @ 0.92% nickel, 0.21% cobalt,
o 19m @ 1.08% nickel, 0.07% cobalt from 33 metres including 6m @ 1.17% nickel, 0.11% cobalt,
o 20m @ 0.69% nickel, 0.07% cobalt from 32 metres including 8m @ 0.96% nickel, 0.09% cobalt,
- Maximum values from any one single drill sample
o 2.04% nickel / 0.33% cobalt / 0.28% copper
- No apparent follow-up since original drilling in the mid 1990's
Attraction of Billy Hills
- Established high-grade zinc mining district
- Minimal recent exploration on Mithril's tenements
- Historic drill intersections represent priorities for immediate follow-up (i.e. Snake Bore)
- Ability to apply new exploration ideas - i.e. flanking positions / Western Block
To view the full presentation, please visit:
http://abnnewswire.net/lnk/B36C0I6Y
Mithril Resources Limited
E: dhutton@mithrilresources.com.au
T: +61-8-8132-8800
WWW: www.mithrilresources.com.au
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