Mithril Resources (ASX:MTH) found gold and silver mineralization at its Copalquin project in Mexico, according to a Monday filing with the Australian bourse.
The company's drilling program yielded about 5 meters at 20.5 grams per tonne (g/t) grade of gold and 1,833 g/t silver from 107 meters, including 0.6 meters at 110 g/t gold and 7,530 g/t silver from 110 meters, the filing stated.
The current drilling is set to be completed by the end of the fiscal first quarter, and the second drill is scheduled to start in April, the filing added.
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