ASX:MTH

2 stories mentioning ASX:MTH

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Mithril Resources Intercepts High-Grade Silver, Gold at Mexico Property; Shares Hit Near Two-Year Low

Mithril Resources (ASX:MTH) intercepted high-grade silver and gold in three of six drill holes completed at the El Refugio area, within its Copalquin property in Mexico, according to a Wednesday filing with the Australian bourse.Results include 7.25 meters grading 4.01 grams per tonne grade of gold and 225.1 g/t silver, or 7.22 g/t gold equivalent.Upcoming work will focus on expanding mineralized zones, testing new targets, and integrating district-wide geophysical data, per the filing.Shares fell nearly 2% in midday trade on Wednesday and earlier hit their lowest since September 2024.

ASX:MTH

Asia34d ago

Mithril Resources Identifies Gold, Silver Mineralization at Mexico Project; Shares Up 8%

Mithril Resources (ASX:MTH) reported continued drilling progress at its Copalquin Silver-Gold Project in Mexico, according to a Tuesday Australia bourse filing.The results were up to 9.7 meters at 7 grams per tonne gold and 370 grams per tonne silver from 271.4 meters.Expansion drilling continues ahead of an updated mineral resource estimate planned for late June 2026, with district target generation work, including mapping, sampling, aerial magnetic survey interpretation, and structural study, preceding drill testing as part of a 25,000-meter program for the year, the filing added.The company's shares rose nearly 8% in recent Tuesday trade.

ASX:MTH