en.Wedoany.com Reported - Mithril Silver and Gold Limited has made new progress in its 2026 drilling program at the Copalquin mining district in Durango State. The latest drilling results have confirmed a significant expansion of high-grade gold and silver mineralization zones, and this data will be reflected in the updated mineral resource estimate scheduled for June 2026.

At the El Refugio area, drill hole RE26-009 intercepted high-grade mineralization approximately 300 meters west of the 2021 resource boundary, with an intercept of 9.65 meters grading 7.00 g/t gold and 370 g/t silver, including a bonanza-grade section grading 30.70 g/t gold and 1,780 g/t silver. James Barr, Mithril's Vice President of Exploration, stated that these results not only assess the expansion potential but also enhance technical confidence in the three vein systems: Cometa, El Refugio, and La Soledad. At the La Soledad area, drill hole LS26-005 extended mineralization to the southeast, demonstrating a gold enrichment style distinct from other areas.

Mithril is executing its plan to complete 25,000 meters of drilling in the first half of 2026. The Copalquin mining district covers 70 square kilometers, hosts over 100 historical underground workings, and represents a large precious metals epithermal system containing multiple growth targets. The company has also incorporated the La Dura concession (20 square kilometers) into its asset portfolio, where a 1.5-kilometer-long mineralized corridor has been identified through LiDAR and airborne magnetic survey studies. With robust financial and technical strength, the company is solidifying its thesis of discovering a world-class deposit in the heart of the Sierra Madre Occidental.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com