Mithril Silver and Gold Says Drilling at Mexico Gold-Silver Project Returns High-Grade Results, Shares Rise 5%

MT Newswires Live

03-17

Mithril Silver and Gold (ASX:MTH) said that resource upgrade drlling at its Copalquin silver and gold district project in Mexico returned high-grade results, according to a Monday Australian bourse filing.

Significant intercepts included 3.35 meters at 26.5 grams per tonne grade of gold and 1,046 g/t grade of silver, from 215.15 meters in depth as well as five meters at 5.08 g/t grade of gold, 22.1 g/t grade of silver, from a depth of 108.06 meters.

The firm is continuing to drill more holes and it plans to advance the multiple target generation work in the district.

Its shares rose 5% in recent trading on Monday.

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