Mithril Silver and Gold Limited (ASX:MTH) Announces High-Grade Gold and Silver Results at Copalquin Property
Exploration Results
Mithril Silver and Gold Limited (ASX:MTH) has released high-grade channel sample results from Target 5 at its Copalquin property in Durango State, Mexico. The samples returned up to 5.36 grams per tonne (g/t) gold and 706 g/t silver within a 1.6-kilometre vein corridor.
Future Drilling Plans
The company outlined that first-pass drilling at Targets 5 and 3 is scheduled for the next quarter. This follows the ongoing resource update drilling at Target 1 and further geological model refinement across the Copalquin District.
Executive Comments
John Skeet, Managing Director and CEO of Mithril Silver and Gold, stated, “The high-grade channel sampling results at Target 5 are another strong endorsement of the Copalquin District’s potential to host multiple, high-grade gold-silver deposits. We look forward to commencing the first-ever drilling at this area in the upcoming quarter.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.
