Mithril Resources Ltd ( (AU:MTH) ) has issued an update.
Mithril Silver and Gold Limited has announced significant drilling results from its ongoing exploration program at the Copalquin District in Mexico, revealing high-grade gold and silver veins at the La Soledad site. The company plans to expand its drilling operations with the addition of a second drill, aiming to complete 35,000 meters of core drilling in 2025, which could potentially enhance its resource footprint and strengthen its position within the prolific Sierra Madre Gold-Silver Trend.
More about Mithril Resources Ltd
Mithril Silver and Gold Limited operates in the mining industry, focusing on the exploration and development of high-grade silver and gold resources. The company is primarily engaged in the Copalquin District project in Durango State, Mexico, a region known for its rich mineral deposits and historic mining activities.
YTD Price Performance: -22.50%
Average Trading Volume: 392,842
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$45.16M
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