Mining concessions cover an entire mining district
Exposure to both Gold and Silver
Strong track records of exploration and project development success in Mexico
Mithril Resources Ltd (MTH:ASX) is an Australian listed resources company whose objective is the creation of shareholder wealth through the discovery of mineral deposits.
Mithril has acquired private Australian exploration company Sun Minerals Pty Ltd which has an exclusive Option to earn up to 100% of the high-grade Copalquin Gold Silver Project in Durango, Mexico.
The Copalquin mining district covers an entire mining district of 70km2 containing several dozen historic gold and silver mines and workings, ten of which had notable production. The district is within the Sierra Madre Gold Silver Trend which extends north-south along the western side of Mexico and hosts many world class gold and silver deposits.
Multiple mineralisation events, young intrusives thought to be system-driving heat sources, widespread alteration together with extensive surface vein exposures and dozens of historic mine workings, identify the Copalquin mining district as a major epithermal centre for Gold and Silver.