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Mithril (OTCQB: MTIRF) reports exploration progress at the Copalquin district, Durango, Mexico, with Target 5 now mapped to over 2 km x 2 km and surface/underground samples up to 3,300 g/t Ag and 2.00 g/t Au over 1.40 m. The first nine drill holes at Target 5 are complete (assays pending) as part of an initial 5,000 m program. At Target 1, resource expansion drilling extended the mineralised structure ~300 m west to a >1,200 m strike (assays pending). Mithril is funded to complete 45,000 m of drilling over the next 12–14 months and plans to add a third drill rig in early 2026. A district-wide aerial magnetic survey and a petrographic fluid inclusion study are underway to refine the geological model.
Mithril Silver and Gold (OTCQB: MTIRF) has announced its listing on the OTCQB Venture Market in the United States, while maintaining its listings on the Australian Stock Exchange (ASX: MTH) and TSX Venture Exchange (TSXV: MSG).
The OTCQB listing is part of the company's market engagement strategy, aimed at enhancing visibility and accessibility to U.S. investors. CEO John Skeet highlighted this development as a significant milestone in advancing their Copalquin Gold-Silver District project.
The OTCQB platform requires companies to meet specific reporting standards, undergo annual verification, and maintain management certification requirements, providing investors with a trusted trading environment.