PriceSensitive

Mithril snaps up key technical advisers to support Mexican silver-gold push

ASX News, Materials
ASX:MTH      MCAP $61.66M
10 January 2025 14:37 (AEDT)
Historical centre of Durango in Mexico

Source: Adobe Stock

Mithril Silver and Gold (ASX:MTH) is looking to boost the advancement of its flagship Copalquin silver-gold district property in Mexico by bringing on board a group of experienced technical consultants, Daniel Kunz & Associates LLC.

The company is hoping to leverage Daniel Kunz’s international mining experience – including previous roles as CEO of Ivanhoe Mines (TSE:IVN) and founding CEO of Prime Mining Corp (TSX: PRYM) – especially since the latter has its own precious metals’ play in the same geological region as Copalquin.

Located in the Sierra Madre Trend in Mexico’s Durango State, Copalquin will be subject to a greatly expanded work program which includes 35,000 metres of drilling set for completion by the end of this year.

Managing director John Skeet said the engagement of DKA – based in Idaho – would help to strengthen Mithril’s technical knowledge as it progresses this flagship.

“Dan and his team have significant and relevant success and experience in our region of Mexico, invaluable to our expansive exploration program at Copalquin,” he said.

“Drilling has already commenced for 2025 at the maiden resource Target 1 area ahead of our planned resource upgrade as we await assays for drill samples dispatched in December 2024.

“Preparations are on track for our 2025 exploration program, which includes the commencement of drilling at two further resource target areas and development and testing of the large district geologic model.”

Mithril has been trading flat at 44 cents.

Join the discussion: See what HotCopper users are saying about Mithril Silver and Gold and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Related News