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Mithril Resources Ltd ( (AU:MTH) ) has shared an announcement.
Mithril Silver and Gold is accelerating work at its Copalquin gold-silver project in Mexico, mobilizing a third drill rig and planning an expanded 25,000-metre exploration program for 2026 across multiple high-grade targets. The company reports strong progress at Targets 1, 3 and 5, with encouraging drill and channel sampling results, and plans further drilling ahead of a 2026 resource update, while also advancing regional work with LiDAR and planned airborne magnetic surveys over Copalquin and the newly acquired La Dura concession, positioning the company for continued growth despite ongoing assay laboratory delays.
More about Mithril Resources Ltd
Mithril Silver and Gold Limited is an exploration-stage mining company focused on gold and silver, with its flagship asset being the 100%-owned Copalquin District project in Durango State, Mexico. The company is building a district-scale position in high-grade epithermal gold-silver systems and has recently expanded its land package to include the nearby La Dura concession, underpinning a regional exploration strategy in one of Mexico’s established precious metals belts.
Average Trading Volume: 669,541
Technical Sentiment Signal: Sell
Current Market Cap: A$83.96M
Learn more about MTH stock on TipRanks’ Stock Analysis page.