Mitre Mining Corporation Limited (AU:ASL) has released an update.
Mitre Mining Corporation Limited has announced a significant 80% increase in the Mineral Resource Estimate (MRE) at its Cerro Bayo Silver-Gold Project in Chile, now totalling 91Moz silver-equivalent at a high grade of 342g/t. The expansion includes prior operation areas, with immense potential for further growth highlighted by ongoing and future drilling results. This update positions Cerro Bayo as a high-grade silver asset with substantial scale and untapped potential for value creation for shareholders.
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