Mithril Silver and Gold Says Resource Drilling at Mexico Silver-Gold Project Target Returns High-Grade, Shallow Intercepts, Shares Fall 4%

MT Newswires Live

01/20

Mithril Silver and Gold (ASX:MTH) said high-grade, shallow intercepts were returned from resource drilling at Target 1 at the Copalquin District gold-silver project in Mexico, according to a Tuesday Australian bourse filing.

It encountered intersections of 1.55 meters at 2.11 grams per tonne grade of gold and 5.5 g/t grade of silver from 24.65 meters, as well as 3.05 meters at 1.68 g/t grade of gold and 107 g/t grade of silver from 52.0 meters.

The firm's shares fell 4% in recent trading on Tuesday.

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