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An announcement from Mithril Resources Ltd ( (AU:MTH) ) is now available.
Mithril Silver and Gold reported strong March-quarter exploration progress at its Copalquin and La Dura projects in Mexico, underscoring Copalquin’s potential as a large, vertically extensive epithermal silver-gold district. With mineralisation now defined over a 9 km strike and 1,200 m vertically, the company is refining a district-scale geological model and advancing a structured, multi-tier targeting framework that has already delivered several drill-ready prospects.
Phase IV infill and expansion drilling at Copalquin’s Target 1 remains on track to support a resource update by the end of the first half of 2026, while initial programs at Targets 3 and 5 have confirmed extensive epithermal-style mineralisation and a large, silver-rich corridor, reinforcing significant district-scale upside. Newly completed mapping and aeromagnetic surveys across Copalquin and La Dura are strengthening the geological model, identifying untested structural and alteration corridors that may support future resource growth and enhance Mithril’s positioning within the Mexican silver-gold exploration space.
More about Mithril Resources Ltd
Mithril Silver and Gold Limited is a precious metals exploration company focused on silver and gold projects in Durango State, Mexico. The company is advancing the Copalquin and La Dura properties, targeting large-scale epithermal silver-gold systems through systematic geological modelling, drilling and geophysical surveys.
Average Trading Volume: 622,929
Technical Sentiment Signal: Sell
Current Market Cap: A$62.83M
Find detailed analytics on MTH stock on TipRanks’ Stock Analysis page.