MTH 7.89% 41.0¢ mithril silver and gold limited

Ann: Exploration Update , page-2

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  1. 964 Posts.
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    "While the review outcomes are yet to be finalised, Mithril
    believes that the most prudent strategy to realise
    shareholder value for the copper targets at East Arunta is to find a partner to underpin the next phase of exploration at East Arunta" --- unfortunately now weighing up if it is worth burning our much needed funds going solo in an area that has come up a little too ordinary. Now if only we can find a JV!!!

    Still hoping for good GOLD results in WA...find out in a fortnight or 2 with all samples now in the lab, plus not long to wait for MMG's drilling results...by mid December we should have results (results in the lab)

    MMG has also completed a high resolution aeromagnetic survey to identify new nickel drill targets...they should pinpoint these target over the next few months.

    So at least something to look forward too...but no doubt very frustrating for those who back MTH big time, the SP has floundered ever bigger darn it. The excitement has dried up...


 
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41.0¢
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0.030(7.89%)
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39.0¢ 42.0¢ 38.5¢ $274.7K 678.8K

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4 31889 41.0¢
 

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42.0¢ 13324 2
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