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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 0.03 (15.79%)+
Announcement
Release
31 Jul 2026 9:03AM
Price at Release
$0.190
Full Release
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Summary
Mithril Silver and Gold Limited released the Quarterly Activities Report and Appendix 5B Cash Flow Report for the quarter ending 30 September 2023. During this period, the company continued its exploration activities primarily at its Australian projects, focusing on potential gold and silver deposits. The report highlights the company's strategic initiatives to enhance its exploration outcomes through targeted drilling programs. Financially, the company detailed its cash flows, indicating cash in hand sufficient to support its ongoing operations and exploration commitments. The Appendix 5B report provided a breakdown of cash outflows associated with exploration, administrative activities, and financing, emphasizing the company's prudent financial management in aligning expenditure with strategic goals.
Key Points
  • Continued exploration at Australian projects targeting gold and silver.
  • Focused on enhancing exploration outcomes through drilling.
  • Reported sufficient cash reserves for ongoing operations.
  • Highlighted strategic financial management aligning expenses with goals.
  • Appendix 5B detailed exploration, admin, and financing cash flows.
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.