Mithril snaps up key technical advisers to support Mexican silver-gold push

The Market Herald
01-10

Mithril Silver and Gold (ASX:MTH) is looking to boost the advancement of its flagship Copalquin silver-gold district property in Mexico by bringing on board a group of experienced technical consultants, Daniel Kunz & Associates LLC.

The company is hoping to leverage Daniel Kunz’s international mining experience – including previous roles as CEO of Ivanhoe Mines (TSE:IVN) and founding CEO of Prime Mining Corp (TSX: PRYM) – especially since the latter has its own precious metals’ play in the same geological region as Copalquin.

Located in the Sierra Madre Trend in Mexico’s Durango State, Copalquin will be subject to a greatly expanded work program which includes 35,000 metres of drilling set for completion by the end of this year.

Managing director John Skeet said the engagement of DKA – based in Idaho – would help to strengthen Mithril’s technical knowledge as it progresses this flagship.

“Dan and his team have significant and relevant success and experience in our region of Mexico, invaluable to our expansive exploration program at Copalquin,” he said.

“Drilling has already commenced for 2025 at the maiden resource Target 1 area ahead of our planned resource upgrade as we await assays for drill samples dispatched in December 2024.

“Preparations are on track for our 2025 exploration program, which includes the commencement of drilling at two further resource target areas and development and testing of the large district geologic model.”

Mithril has been trading flat at 44 cents.

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