Mithril raises A$1.5m to continue Copalquin Exploration
Filed with ASX · · 5 pages · English
Summary by 6ix AI
Mithril Silver and Gold Limited has announced a capital raising to support exploration at its Copalquin District project in Mexico, securing commitments from various investors for funding. The proceeds will be allocated towards drilling and expanding the high-grade resource at the El Refugio target, as well as advancing multiple targets across the district. The company aims to enhance its resource footprint and progress study work to support future mine development in the area. The announcement highlights the potential for significant resource growth in a district known for its historic gold and silver mines.
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
In the deck
Story so far
Earlier from Mithril Silver and Gold
- Depth Potential Confirmed - El Refugio, Copalquin District
- High-grade intercepts at El Refugio, Copalquin
- Continued high-grade drilling at El Refugio, Copalquin
- Expansive Deep Drilling Success at El Refugio, Copalquin
- MTH raises A$3.5m to expand high grade Gold-Silver resources
Later from Mithril Silver and Gold
- Non-binding term sheet for merger with TSXV Newrange Gold
- Investor Presentation
- Mithril enters Scheme of Arrangement with TSXV Newrange Gold
- Court orders Scheme Meetings be convened
- Scheme Booklet registered by ASIC
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