Archive

Original announcement by thenewswire on

Company
Mithril Silver and Gold Limited
Ticker
MTH
Exchange
Unavailable
Region
Durango State, Mexico
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Agreement transaction, Other
Extracted
2026-10-01 05:39:39 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Mithril Silver and Gold Limited reported strong exploration results for the December 2025 quarter, including high-grade gold and silver intercepts at its Copalquin project in Mexico, extending known mineralization and identifying new silver-dominant targets. The company also completed the acquisition of the La Dura mining concessions, expanding its portfolio in the region. Financially, Mithril maintains a healthy cash balance of A$14.1 million and remains debt-free.

Reasoning: The report highlights strong drill results extending mineralization and identifying new targets, alongside a strategic acquisition and a solid financial position, indicating continued exploration success and growth potential for the company.

Positive factors

  • high_grade_intercepts
  • step_out_extension
  • new_target_identified
  • strategic_acquisition
  • strong_cash_position
  • debt_free

Negative factors

  • resource_update_planned_not_current
  • apparent_width_only_for_drilling

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 13

Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

Drill Results (13)

MTH-RE25-44Copalquin · goldGrade: 2.78Grade Unit: g/tIntercept: 7.2 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-44
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
2.78
Grade Unit
g/t
Intercept
7.2 m
From
260.9 m
To
268.1 m
Intercept Depth
260.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-44:260.9-268.1
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: High-grade gold intercept extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“7.20 m @ 2.78 g/t gold, 148 g/t silver from 260.9 m (MTH-RE25-44)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“7.20 m @ 2.78 g/t gold, 148 g/t silver from 260.9 m”
MTH-RE25-44Copalquin · silverGrade: 148Grade Unit: g/tIntercept: 7.2 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-44
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
148
Grade Unit
g/t
Intercept
7.2 m
From
260.9 m
To
268.1 m
Intercept Depth
260.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-44:260.9-268.1
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: Strong silver intercept alongside gold, extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“7.20 m @ 2.78 g/t gold, 148 g/t silver from 260.9 m (MTH-RE25-44)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“7.20 m @ 2.78 g/t gold, 148 g/t silver from 260.9 m”
MTH-RE25-44Copalquin · goldGrade: 7.41Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-44
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
7.41
Grade Unit
g/t
Intercept
2.05 m
From
266.05 m
To
268.1 m
Intercept Depth
260.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-44:266.05-268.1
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: High-grade gold sub-interval within a broader intercept, extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“2.05 m @ 7.41 g/t gold, 419 g/t silver from 266.05 m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“2.05 m @ 7.41 g/t gold, 419 g/t silver from 266.05 m”
MTH-RE25-44Copalquin · silverGrade: 419Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-44
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
419
Grade Unit
g/t
Intercept
2.05 m
From
266.05 m
To
268.1 m
Intercept Depth
260.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-44:266.05-268.1
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: High-grade silver sub-interval within a broader intercept, extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“2.05 m @ 7.41 g/t gold, 419 g/t silver from 266.05 m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“2.05 m @ 7.41 g/t gold, 419 g/t silver from 266.05 m”
MTH-RE25-44Copalquin · goldGrade: 3.97Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-44
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
3.97
Grade Unit
g/t
Intercept
2.8 m
From
272.35 m
To
275.15 m
Intercept Depth
260.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-44:272.35-275.15
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: High-grade gold sub-interval within a broader intercept, extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“2.80 m @ 3.97 g/t gold, 208 g/t silver from 272.35 m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“2.80 m @ 3.97 g/t gold, 208 g/t silver from 272.35 m”
MTH-RE25-44Copalquin · silverGrade: 208Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-44
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
208
Grade Unit
g/t
Intercept
2.8 m
From
272.35 m
To
275.15 m
Intercept Depth
260.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-44:272.35-275.15
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: Strong silver sub-interval within a broader intercept, extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“2.80 m @ 3.97 g/t gold, 208 g/t silver from 272.35 m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“2.80 m @ 3.97 g/t gold, 208 g/t silver from 272.35 m”
MTH-RE25-45Candelaria Silver-Rich · goldGrade: 7.19Grade Unit: g/tIntercept: 8.03 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-45
Project
Candelaria Silver-Rich
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
7.19
Grade Unit
g/t
Intercept
8.03 m
From
257.72 m
To
265.75 m
Intercept Depth
257.72 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-45:257.72-265.75
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: High-grade gold intercept extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“8.03 m @ 7.19 g/t gold, 260 g/t silver from 257.72 m (MTH-RE25-45)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“8.03 m @ 7.19 g/t gold, 260 g/t silver from 257.72 m”
MTH-RE25-45Candelaria Silver-Rich · silverGrade: 260Grade Unit: g/tIntercept: 8.03 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-45
Project
Candelaria Silver-Rich
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
260
Grade Unit
g/t
Intercept
8.03 m
From
257.72 m
To
265.75 m
Intercept Depth
257.72 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-45:257.72-265.75
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: Strong silver intercept alongside gold, extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“8.03 m @ 7.19 g/t gold, 260 g/t silver from 257.72 m (MTH-RE25-45)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“8.03 m @ 7.19 g/t gold, 260 g/t silver from 257.72 m”
MTH-RE25-45Candelaria Silver-Rich · goldGrade: 9.87Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-45
Project
Candelaria Silver-Rich
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
9.87
Grade Unit
g/t
Intercept
4.4 m
From
260.7 m
To
265.1 m
Intercept Depth
257.72 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-45:260.7-265.1
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: Very high-grade gold sub-interval within a broader intercept, extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“4.40 m @ 9.87 g/t gold, 507 g/t silver from 260.7 m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“4.40 m @ 9.87 g/t gold, 507 g/t silver from 260.7 m”
MTH-RE25-45Candelaria Silver-Rich · silverGrade: 507Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
MTH-RE25-45
Project
Candelaria Silver-Rich
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
507
Grade Unit
g/t
Intercept
4.4 m
From
260.7 m
To
265.1 m
Intercept Depth
257.72 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
MTH-RE25-45:260.7-265.1
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: Very high-grade silver sub-interval within a broader intercept, extending mineralization at Target 1.

Positive factors

  • strong_grade
  • step_out_extension

Negative factors

  • apparent_width_only

Evidence · text

“4.40 m @ 9.87 g/t gold, 507 g/t silver from 260.7 m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Intercepts extend the Target 1 strike over 30%.

Evidence · text

“The above intercepts extend the Target 1 strike over 30%”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“4.40 m @ 9.87 g/t gold, 507 g/t silver from 260.7 m”
AP25-003Copalquin · goldGrade: 2.28Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
2.28
Grade Unit
g/t
Intercept
2.75 m
From
93.6 m
To
96.35 m
Intercept Depth
93.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
AP25-003:93.6-96.35
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
660
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: Strong gold intercept from maiden drilling at a new silver-dominant target.

Positive factors

  • strong_grade
  • maiden_drilling

Negative factors

  • apparent_width_only

Evidence · text

“2.75 m @ 660 g/t AgEq (2.28 g/t gold, 500 g/t silver) from 93.6 m (AP25-003)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Maiden DrillingRejected · neutral · Story-specific tag

No canonical definition is currently available.

Reason: This is the first drilling at the Target 5 Apomal–Candelaria Silver-Rich System.

Evidence · text

“Maiden drilling confirmed a silver-dominant epithermal system”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“2.75 m @ 660 g/t AgEq (2.28 g/t gold, 500 g/t silver) from 93.6 m”
AP25-003Copalquin · silverGrade: 500Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
500
Grade Unit
g/t
Intercept
2.75 m
From
93.6 m
To
96.35 m
Intercept Depth
93.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
AP25-003:93.6-96.35
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: Very high-grade silver intercept from maiden drilling at a new silver-dominant target.

Positive factors

  • strong_grade
  • maiden_drilling

Negative factors

  • apparent_width_only

Evidence · text

“2.75 m @ 660 g/t AgEq (2.28 g/t gold, 500 g/t silver) from 93.6 m (AP25-003)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Maiden DrillingRejected · neutral · Story-specific tag

No canonical definition is currently available.

Reason: This is the first drilling at the Target 5 Apomal–Candelaria Silver-Rich System.

Evidence · text

“Maiden drilling confirmed a silver-dominant epithermal system”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Scientific and technical information reviewed by QP/CP and samples sent to ALS Global.

Evidence · text

“Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101. Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation.

Evidence · text

“2.75 m @ 660 g/t AgEq (2.28 g/t gold, 500 g/t silver) from 93.6 m”
AP25-003Copalquin · goldGrade: 5.8Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
5.8
Grade Unit
g/t
Intercept
1 m
From
94.7 m
To
95.7 m
Intercept Depth
93.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
AP25-003:94.7-95.7
Mining Method
underground

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1714
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-30T00:00:00.000Z

Reasoning: High-grade gold sub-interval from maiden drilling at a new silver-dominant target.

Positive factors

  • strong_grade
  • maiden_drilling

Negative factors

  • apparent_width_only

Evidence · text

“1.00 m @ 1,714 g/t AgEq (5.80 g/t gold, 1,308 g/t silver) from 94.7 m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Maiden DrillingRejected · neutral · Story-specific tag

No canonical definition is currently available.

Reason: This is the first drilling at the Target 5 Apomal–Candelaria Silver-Rich System.

Evidence · text

“Maiden drilling confirmed a silver-dominant epithermal system”

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.