Mithril Silver and Gold Limited has announced progress on its Copalquin District project in Mexico, where exploration continues to expand the resource footprint and demonstrate multi-million-ounce gold and silver potential. The company holds an exclusive option to acquire 100% interest in the Copalquin mining concessions by paying US$10 million on or before August 7, 2028. Recent studies support the development of the El Refugio-La Soledad resource using conventional underground mining and processing methods, with high recovery rates of 91% for silver and 96% for gold. The maiden JORC resource for the project stands at 529,000 ounces at 6.81g/t gold equivalent, with plans to update the resource as exploration progresses.