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Mithril Resources Ltd ( (AU:MTH) ) has provided an announcement.
Mithril Silver and Gold Limited announced a significant high-grade drilling discovery at the Target 2 area of its Copalquin property in Mexico, with promising results indicating substantial gold and silver deposits. The company is advancing multiple exploration targets across the district, including El Apomal and El Refugio, with ongoing drilling, mapping, and sampling activities aimed at unlocking the district’s potential. This discovery and the district’s extensive mineralization underscore Mithril’s strategic positioning to expand its resource base and enhance its standing in the mining sector.
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 exploration activities in the Copalquin district, Durango State, Mexico, which is part of the prolific Sierra Madre Gold-Silver Trend. Mithril’s primary market focus is on discovering and expanding high-grade gold and silver deposits within this region.
Average Trading Volume: 305,618
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$49.56M
See more insights into MTH stock on TipRanks’ Stock Analysis page.