Mithril Expands Silver Rich Target 5, Sampling up to 3,300 g/t Silver, 2.0 g/t Gold over 1.30m
Original announcement by yahoo_press on
- Company
- Mithril Silver and Gold Limited
- Ticker
- MTH
- Exchange
- ASX
- Region
- Durango State, Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Drill results
- Extracted
- 2026-09-20 04:04:36 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Mithril Silver and Gold Limited has reported high-grade exploration results at its Copalquin property in Mexico, with silver sampling reaching up to 3,300 g/t and gold at 2.0 g/t over 1.30m. The results also indicate an expansion of the Target 5 footprint to over 2 km x 2 km.
Reasoning: The announcement reports exceptionally high silver grades (up to 3,300 g/t) and expands the target area, representing significant exploration progress at the Copalquin property.
Positive factors
- Exceptional silver grades reported
- Expansion of target footprint
- High-grade gold-silver intercept
Facts used in scoring: 2
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 3,300 g/t silver is exceptionally high for an epithermal deposit.
Evidence · text
“Sampling up to 3,300 g/t Silver”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Sampling expands the silver-rich Target 5 to over 2 km x 2 km.
Evidence · text
“Sampling expands silver-rich Target 5 to over 2 km x 2 km”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
Fact 1Copalquin · silverGrade: 3300Grade Unit: g/tIntercept: 1.3 mView all detailsHide details
Identity
- Project
- Copalquin
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- MTH
Geometry
- Grade
- 3300
- Grade Unit
- g/t
- Intercept
- 1.3 m
Classification
- Sample Type
- surface
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-10-09T00:00:00.000Z
Reasoning: 3,300 g/t silver is a bonanza-grade sampling result.
Positive factors
- Extremely high silver grade
Evidence · text
“3,300 g/t Silver, 2.0 g/t Gold over 1.30m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 2Copalquin · goldGrade: 2Grade Unit: g/tIntercept: 1.3 mView all detailsHide details
Identity
- Project
- Copalquin
- Commodity
- gold
- Region
- mexico
- Reported Region
- mexico
- Ticker
- MTH
Geometry
- Grade
- 2
- Grade Unit
- g/t
- Intercept
- 1.3 m
Classification
- Sample Type
- surface
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-10-09T00:00:00.000Z
Reasoning: 2.0 g/t gold is a strong grade for an epithermal system.
Positive factors
- Solid gold grade accompanying high silver
Evidence · text
“2.0 g/t Gold over 1.30m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.