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Mithril Resources Ltd ( (AU:MTH) ) has shared an announcement.
Mithril Silver and Gold Limited has announced significant progress in its exploration efforts at the Copalquin property in Mexico. The company has expanded the silver-rich Target 5 to cover an area of over 2 km by 2 km, with promising sampling results showing high silver and gold grades. Additionally, drilling at Target 1 has extended the mineralized structure by 300 meters, and preparations for drilling at Target 3 are underway. These developments highlight Mithril’s commitment to advancing its district-scale geologic model and enhancing its resource potential, positioning the company for growth within the gold-silver mining industry.
More about Mithril Resources Ltd
Mithril Silver and Gold Limited is a mining company focused on the exploration and development of gold and silver resources. The company operates primarily in the Copalquin district of Durango State, Mexico, which is part of the prolific Sierra Madre Gold-Silver Trend. Mithril is engaged in expanding its mineral resource base through extensive drilling and exploration activities across multiple target areas within its mining concessions.
Average Trading Volume: 595,753
Technical Sentiment Signal: Buy
Current Market Cap: A$113.9M
For detailed information about MTH stock, go to TipRanks’ Stock Analysis page.