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Mithril Resources Ltd ( (AU:MTH) ) has issued an announcement.
Mithril Silver and Gold Limited has announced the acceleration of its exploration activities at the Copalquin property in Mexico, with a fully funded 45,000-meter drilling program set to unfold over the next 12-14 months. The company is advancing its exploration across multiple targets, including the historic Apomal mine at Target 5 and the high-grade zones at Target 1, which have shown promising results. The ongoing efforts aim to expand the resource base and enhance the geologic understanding of the district, positioning Mithril as a significant player in the gold-silver mining sector.
More about Mithril Resources Ltd
Mithril Silver and Gold Limited is a mining company engaged in the exploration and development of gold and silver resources. The company operates primarily in the Copalquin district in Durango State, Mexico, focusing on district-scale exploration and resource expansion within the prolific Sierra Madre Gold-Silver Trend.
Average Trading Volume: 468,649
Technical Sentiment Signal: Buy
Current Market Cap: A$103.3M
See more insights into MTH stock on TipRanks’ Stock Analysis page.