monstr project 30m ev,big hitter reg,go figure, page-2

sorry format issue on previous post

After 100m placement

MTH will have 220m heads + 25m Os, fully diluted 245m

MC=50m, cash 4m (Sep Qtr)+12m placement+ option 3m=rough $20m

EV 30m

big hitters including:

Lion Selection Group. Check out their investment performance on HAV, SIH, YTC, TTR & what African Lion has done on KAS & GRY.

+ Acorn Capital on register. What else do we need to say on Acorn? Check out AZH, RXM & who else, EXT.

top 20 will hold 50%+


big name management:

Mr. Derek Carter, MSc, FAusIMM (CP), serves as Non-Executive Director of Mithril Resources Ltd. He has over 35 years experience in exploration and mining geology and management. He held senior positions in the Shell Group of Companies and Burmine Ltd before founding Minotaur in 1993 and is currently Managing Director of Minotaur Exploration Ltd (ASX listed). He is the Chairman of Petratherm Ltd (ASX listed) and a director of Toro Energy Ltd (ASX listed). In South Australia he is a Member of the Resources Industry Development Board and the Minerals and Petroleum Experts Group, while nationally he is Chairman of the Minerals Exploration Advisory Group. Formerly, he was President and Vice President of the South Australian Chamber of Mines and Energy, and was a board member of the Australian Gold Council. He was awarded AMEC?s Prospector of the Year Award (jointly) in 2003 and is a Centenary Medalist.

Bonython, Richard Mr. Richard Bonython, B Ag Sc serves as Non-Executive Director of Mithril Resources Ltd. He was a director of Minotaur Gold Ltd for six years, Minotaur Resources Ltd for 5 years and retired as chairman of Hindmarsh Resources Ltd following the takeover of that company in early 2006. He retired as chairman of Diamin Resources NL in 1999 having been a director of that company for 15 years. He was executive director of Pioneer Property Group Ltd for over 15 years and has experience of over 41 years in the building, rural and mineral industries. He is also a director of Petratherm Ltd and Minotaur Exploration Ltd both ASX listed.

These Minotaur Resources boys discovered Prominent Hill which got sold to Oxiana, ended up with OZ Minerals.

John Roberts is chariman of recent high flying RUM


4 potential monster projects:

Huckitta

Much focus of the project has previously been on Basil, where the company has intersected over 2km of Cu+Co mineralization & still 80% mineralization trend remain untested

previous results:

41m @0.6% Cu + 400ppm Co
56m @0.52% Cu + 600ppm Co
59m @0.6% Cu + 700ppm Co
146m @0.24% Cu + 300ppm Co
131m @0.3% Cu + 400ppm Co

Altho low grades, but with the wide intersections + Co credits, this looks to be a massive tonnage operation with mineralization over 10km strike

However, recent find of new prospect Tibbs must have made a few jaws drop.

Dec 6
"A new gold-tungsten-copper discovery has been identified over a strike length of 3km with grab samples returning up to 4.6g/t gold and 0.5% tungsten. The horizon remains open in all directions."



East Pilbara. Have a look at the IO monsters nearby.

http://www.mithrilresources.com.au/east-pilbara.php

two Cattle Well tenaments were apparently highly competed


Sandstone Application staage but highly prosperous. Extension to Forrestania Greenstone Belt which hosts WSA's Flying Fox & spotted Quoll


last but not least, the creation of Musgrave Minerals. Barrick & IGR's involvement will make it interesting. This will be talk of towns closer to its IPO.


ok enough ramblings from me

this should give you a brief overview

additions/corrections welcome