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Mithril Resources Ltd ( (AU:MTH) ) has shared an update.
Mithril Silver and Gold Limited has announced promising high-grade channel sampling results from its Copalquin property in Mexico, particularly at a new drill target, Target 5. These results highlight the potential for significant gold-silver deposits, with notable grades of copper, lead, and zinc also present. The company plans to begin drilling at Target 5 in the upcoming quarter, alongside ongoing efforts to update resources at other targets, reinforcing its district-scale exploration strategy.
More about Mithril Resources Ltd
Mithril Silver and Gold Limited operates in the mining industry, focusing on the exploration and development of gold and silver resources. The company is actively engaged in the Copalquin District in Durango State, Mexico, where it aims to uncover high-grade gold-silver deposits across its expansive 70 km² concession area.
Average Trading Volume: 329,147
Technical Sentiment Signal: Sell
Current Market Cap: A$61.95M
See more insights into MTH stock on TipRanks’ Stock Analysis page.