Mithril Resources (ASX:MTH) said a third drill rig was mobilized to the Copalquin District gold-silver project in Mexico, and target 3 drilling will start in the first week of January 2026, according to a Monday Australian bourse filing.
It also completed LiDAR surveying at the recently acquired La Dura concession area. It is scheduled to fly a district-scale aerial magnetic survey over both the Copalquin and La Dura concession areas in January 2026.
Its shares jumped 14% in recent trading on Monday.