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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.