Mithril Silver and Gold Limited has announced ongoing developments at its Copalquin Gold Silver Project in Durango State, Mexico. The company holds an exclusive option to purchase 100% interest in the Copalquin mining concessions by paying US$10 million at any time before 7 August 2028. Recent studies indicate that conventional underground mining methods are suitable for the El Refugio-La Soledad resource, with metallurgical test work showing high recoveries of 96% for gold and 91% for silver. Mithril is actively exploring the district to expand the resource footprint, aiming to demonstrate its multi-million-ounce gold and silver potential. The company also commits to initial LiDAR and aerial magnetic surveys and a minimum direct exploration spend of US$200,000 in the second year.