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Mithril Silver and Gold Limited (ASX:MTH)

ALERT: Price-sensitive ASX Announcement for MTH
Current share price for MTH : $0.230 -0.045 (-16.36%)+
Announcement
Release
10 Jun 2026 9:12AM
Price at Release
$0.275
Full Release
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Summary
Mithril Silver and Gold Limited has announced significant drilling results from its Copalquin property in Durango State, Mexico. The key highlights include the completion of final drill holes in the El Refugio and La Soledad areas, enhancing the upcoming Mineral Resource Estimate. Notably, drill hole RE26-013 intercepted an impressive 7.25 meters grading 4.01 g/t gold and 225.1 g/t silver at Target 1. The company continues to see high-grade silver and gold mineralization, confirming the potential for substantial resource growth. Mithril is focused on upgrading the confidence of the geological and grade distribution, with plans to update the Target 1 mineral resource estimate to convert more resources from the Inferred classification. This announcement underscores Mithril's ongoing efforts to expand its exploration activities and resource footprint within the Copalquin District.
Key Points
  • Mithril completes final drill holes in El Refugio and La Soledad areas.
  • Drill hole RE26-013 intercepts 7.25 meters grading 4.01 g/t gold and 225.1 g/t silver.
  • High-grade silver and gold mineralization confirmed.
  • Focus on upgrading confidence in geological and grade distribution.
  • Plans to update Target 1 mineral resource estimate.
  • Ongoing efforts to expand exploration activities in the Copalquin District.
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.