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Mithril Resources Ltd ( (AU:MTH) ) just unveiled an update.
Mithril Silver and Gold Limited has announced significant progress in its exploration efforts at the Copalquin property in Mexico. The company reported a 30% extension in the strike length of Target 1, with high-grade gold and silver intercepts, indicating strong potential for further resource growth. Additionally, drilling at Target 5 is advancing rapidly with 11 holes completed, and a district-wide aerial magnetic survey is set to commence, supporting the development of a comprehensive district-scale model. These developments underscore Mithril’s commitment to expanding its resource base and enhancing its position in the gold and silver mining sector.
More about Mithril Resources Ltd
Mithril Silver and Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold and silver resources. Their primary market focus is on the Copalquin property in Durango State, Mexico, which is known for its significant gold and silver mineralization.
Average Trading Volume: 676,121
Technical Sentiment Signal: Hold
Current Market Cap: A$122.1M
See more data about MTH stock on TipRanks’ Stock Analysis page.