Mithril Silver and Gold Limited has announced promising developments at its Copalquin property in Durango State, Mexico. The company has reported high-grade gold and silver channel sample results from Target 5, a newly identified drill target within the expansive 70 km² district. Recent mapping and sampling efforts have uncovered multiple northwest-trending parallel veins up to 500 meters in length within a 1.6 km wide corridor, located just 1.5 km southwest of the existing Target 1 resource area. The area has yielded significant gold and silver grades, with silver being the economically dominant metal. Notably, samples from lower elevations have shown over 1% copper, lead, and zinc, highlighting the robust vertical extent of the epithermal system. Mithril plans to commence first-ever drilling at Target 5 next quarter, marking a significant step in their district-scale exploration strategy.
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