Mithril Resources Hits Silver, Gold at Mexican Project; Shares Rally 12%

MT Newswires Live

2024/10/18

Mithril Resources (ASX:MTH) hit silver and gold from a resource expansion drill program at Target 1 within the Copalquin district project in Mexico, according to a Friday filing with the Australian bourse.

The program yielded up to 4.6 meters at 5.5 grams per tonne (g/t) grade of gold and 182.4 g/t silver from 99 meters, including 0.6 meters at 28 g/t gold and 997 g/t silver from 100.4 meters, the miner said in the filing.

Shares of Mithril Resources rallied 12% in recent Friday trade.

Price (AUD): $0.50, Change: $+0.06, Percent Change: +12.36%

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