Mithril Resources Says Third Drill Rig Mobilized to Mexico Gold-Silver Project, Shares Jump 14%

MT Newswires Live

Dec 22, 2025

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.

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