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Mithril Silver and Gold Limited (ASX:MTH)

ALERT: Price-sensitive ASX Announcement for MTH
Current share price for MTH : $0.220 -0.39 (-63.93%)+
Announcement
Release
20 Jan 2026 9:58AM
Price at Release
$0.610
Full Release
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Summary
Mithril Silver and Gold Limited has reported high-grade gold and silver drill results at Target 1 in the Copalquin mining district, Mexico. The results include significant assays such as 1.35 meters at 21.9 g/t gold and 357 g/t silver, with notable segments recording 0.50 meters at 57.7 g/t gold and 924 g/t silver. These results support the geological model for the area and highlight its potential as a major epithermal centre for gold and silver. The Copalquin district is recommended as a significant opportunity due to its location within the Sierra Madre Gold Silver Trend, known for hosting numerous gold and silver districts.
Key Points
  • High-grade gold and silver results at Target 1 in Copalquin district.
  • Significant assay of 1.35m at 21.9 g/t gold and 357 g/t silver.
  • Notable segment includes 0.50m at 57.7 g/t gold and 924 g/t silver.
  • Results support the geological model and potential of the district.
  • Copalquin is located in the Sierra Madre Gold Silver Trend.
  • The district is identified as a major epithermal centre for gold and silver.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.