Mithril Silver and Gold Advances Copalquin Gold-Silver Project in Mexico

Reuters
2025.12.01 12:32
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Mithril Silver and Gold Limited advances its Copalquin District project in Mexico, expanding its gold and silver resource footprint. The company aims to acquire 100% interest in the mining concessions by 2028. Recent studies support the development of the El Refugio-La Soledad resource with high recovery rates. The maiden JORC resource is 529,000 ounces at 6.81g/t gold equivalent, with plans for updates as exploration continues.

Mithril Silver and Gold Limited has announced progress on its Copalquin District project in Mexico, where exploration continues to expand the resource footprint and demonstrate multi-million-ounce gold and silver potential. The company holds an exclusive option to acquire 100% interest in the Copalquin mining concessions by paying US$10 million on or before August 7, 2028. Recent studies support the development of the El Refugio-La Soledad resource using conventional underground mining and processing methods, with high recovery rates of 91% for silver and 96% for gold. The maiden JORC resource for the project stands at 529,000 ounces at 6.81g/t gold equivalent, with plans to update the resource as exploration progresses. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mithril Silver and Gold Limited published the original content used to generate this news brief via TheNewswire (Ref. ID: 1k98FMeE4) on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)