Mithril Resources Ltd ( (AU:MTH) ) has shared an announcement.
Mithril Silver and Gold Limited has announced significant high-grade channel sampling results and the commencement of a second drill at the Target 2 area in its Copalquin District project in Mexico. These developments highlight the high prospectivity of the district, with ongoing drilling efforts at Target 1 also yielding promising results, potentially extending the resource drilling cut-off. The Copalquin District, with its numerous historic mines and workings, is rapidly emerging as a significant gold-silver district within the Sierra Madre Gold-Silver Trend, promising substantial resource expansion and exploration success.
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, a region known for its rich gold-silver mineralization and historic mining activity.
YTD Price Performance: -26.25%
Average Trading Volume: 352,671
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$43M
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