MTH 5.71% 16.5¢ mithril resources limited

Surging Silver price puts spotlight on MTH drilling, page-5

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    From the last announcement:-

    MITHRIL COMMENCE DRILLING AT COPALQUIN PROJECT, MEXICO

    Highlights
    • Drilling has commenced at the Copalquin Gold Silver Project
    • The expanded drilling program will consist of approximately 5,000m diamond core
    • Planned drilling program is fully funded and work expected to run until end of CY2020
    • First drilling assays expected late August to early September 2020.

    Mithril Resources Limited [ASX: MTH] (“Mithril” or the “Company”) is pleased to advise that drilling hascommenced at its flagship Copalquin gold silver project in Mexico, following the recent successful capitalraising which was strongly supported by a number of new domestic and international sophisticated andinstitutional investors.

    Drilling is being performed by a high-quality Mexican contractor and managed by Mithril’s experiencedMexico team with Mithril CEO John Skeet and Chief Geologist Hall Stewart in Copalquin with their seniorexploration staff. Drill pads are ready, over 3.5 km of access tracks established, and a new core handlingand storage facility constructed for the expanded diamond core drill program that is fully funded andexpected to run until the end of 2020. The Company expects first drill core assays to be received by theend of August to early September 2020.

    So not long to wait.
 
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16.5¢
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