Mithril Resources (MTH)

Shares / Stock Code

MTH

Stock Exchange / Sharemarket

Australian Securities Exchange

Mithril Resources (MTH) is an exploration company primarily searching for nickel and copper, with tenements mainly in Australia. Key projects are located in the Musgrave region and Gawler Craton of South Australia and the West Musgrave region of Western Australia, as well as elsewhere in South Australia, Western Australia and the Northern Territory. Exploration companies aim to discover and delineate occurrences of metals and minerals that can be economically mined and extracted.

Mithril Resources was listed on the Australian stockmarket (ASX) in November 2002. MTH has a strategic alliance with BHP Billiton Mineral Pty Limited. This alliance allows for a buyback arrangement if a discovery does not suit BHPB's corporate objectives.

MTH has a valuable strategic alliance with BHP Billiton's wholly owned subsidiary BHP Billiton Minerals. This alliance allows: access to BHP's extensive Australian geophysical database to generate new opportunities, BHP the option to joint venture into Mithril's projects and the opportunity for MTH to be the initial operator of all joint ventures.

Major competitors include exploration and mining companies throughout Australia and overseas which focus on large, sulphide nickel deposits. Customers include the industrial sector, companies in the production of ship propellers, kitchen supplies, chemical industry plumbing, armor plates and burgular-proof vaults.

Mithril Resources (MTH) Products and Services

  • Nickel exploration.

Mithril Resources (MTH) Locations and Subsidiaries

Mithril Resources Head Office
60 King William Road, GOODWOOD,
SA, AUSTRALIA, 5034
Phone: (08) 8378 8200
Fax: (08) 8271 0037

Mithril Resources (MTH) Share Price

Submitted by ASX Listed Company on 13 May, 2010 - 21:35

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