$12.5M placement, exploration shifts to high-gear
Filed with ASX · · 4 pages · English
Summary by 6ix AI
The funds will be used to significantly increase drilling efforts at the Copalquin project, aiming for a substantial expansion of the current resource. Mithril also confirmed the commencement of access road upgrades to facilitate expanded exploration activities.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Watch Mithril Silver and Gold's latest callMithril Silver & Gold: Copalquin Project Update · Replay · Jun 30Read the transcript of Mithril Silver & Gold: Copalquin Project UpdateMithril Silver and Gold Limited on 6ix
Story so far
Earlier from Mithril Silver and Gold
- Up to 736 g/t silver, 8.99 g/t gold in channel samples
- Assays up to 997 g/t silver, 28 g/t gold
- MTH Drills 144 g/t Gold, 1,162 g/t Silver over 7.0 metres
- Over 100% Increase in District Historic Mines and Workings
- MTH Drills 17.95 Metres at 5.16 g/t Gold and 78.0 g/t Silver
Later from Mithril Silver and Gold
- Progress and district exploration expansion, Copalquin
- Engagement of Highly Experienced Technical Consultants
- Target 1 expansion assays up to 438 g/t silver 7.88 g/t gold
- Mithril Drills 20.5 g/t Gold, 1,833 g/t Silver Over 4.95m
- High-Grade Drill Results at Copalquin, Target 1 Area
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