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An announcement from Mithril Resources Ltd ( (AU:MTH) ) is now available.
Mithril Silver and Gold Limited used its Swiss Mining Institute presentation to showcase its high-grade Copalquin gold-silver project in Mexico’s Sierra Madre, highlighting a maiden JORC resource of 529,000 ounces gold equivalent and an 8 km-long mineralised system. The company emphasised its fully funded status following recent private placements and dual listings, positioning itself to ramp up exploration and resource growth across multiple high-potential targets in a district with historic mines and strong drill results.
A series of recent ASX releases underline ongoing momentum, including high-grade drilling at several targets, expanded channel sampling and a LIDAR study revealing a 1.5 km trend with historic workings. By consolidating these technical and financial milestones, Mithril is seeking to strengthen its profile among international mining investors and reinforce its role as an emerging high-grade gold-silver explorer in the Sierra Madre belt.
The most recent analyst rating on (AU:MTH) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Mithril Resources Ltd stock, see the AU:MTH Stock Forecast page.
More about Mithril Resources Ltd
Mithril Silver and Gold Limited, listed on the TSX Venture Exchange, ASX and OTCQB, is a precious metals exploration company focused on the Copalquin gold-silver district in Mexico’s Sierra Madre trend. The company targets high-grade epithermal gold and silver systems, leveraging extensive drilling, sampling and metallurgical work to define and expand mineral resources in a prolific mining region.
Its projects include multiple high-grade targets and historic mines within an 8 km mineralised system, supported by a maiden JORC resource of 529,000 ounces gold equivalent and strong drilling results. Recent capital raisings and a dual listing strategy aim to fund accelerated exploration and enhance access to North American and global investors in the gold-silver space.
Average Trading Volume: 895,533
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$66.52M
See more data about MTH stock on TipRanks’ Stock Analysis page.