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09:17
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Originally posted by alpaka:
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The surging silver price is drawing the attention of many to the current initial drilling program by MTH in Mexico.The silver price has more than doubled since March 2020. Most recent drilling was by UC Resources from 2004 to 2007 with some highlights below.17.77m @ 45.16 g/t gold and 118.2 g/t silver (El Cometa Mine)7.9m @ 6.54g/t gold and 140.g/t silver (El Refugio Mine)4.53m @ 28.99g/t gold and 2,350.3g/t silver (La Soledad Mine)(reported under Canadian National Instrument 43-101 guidelines. Non JORC 2012 compliant) 13.25m @ 74.89g/t gold and 706g/t silver (El Cometa Mine)18.20m @ 8.55g/t gold and 144g/t silver (El Cometa Mine)13.45m @ 10.39g/t gold and 232g/t silver (El Cometa Mine)8.00m @ 9.34g/t gold and 190g/t silver (El Cometa Mine)9.35m @ 25.32g/t gold and 247g/t silver (El Cometa Mine)(reported pre Canadian National Instrument 43-101 guidelines. Non JORC 2012 compliant) If the results of this first MTH drilling campaign can confirm similar grades it will propel Mithral shares into a pre-eminent position among listed ASX stocks with exposure to Silver.And the gold grades look pretty handy too !! But this is only the precursor to what is to come.
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In just the few hours since my last post, the Silver price has climbed rapidly to US$29.50, and the Gold /Silver ratio now around 70.
(20min delay)
