Exploration activities continued during the period across the Company's 100% owned tenure in the Goldfields of Western Australia. The Company completed 5,800m of regional Reverse Circulation (RC) drilling at prospects including Binduli, Windanya, Black Flag and Baden Powell with encouraging results.
Mithril Resources Limited
The Company and its exploration partners are actively exploring throughout the Kalgoorlie, West Kimberley and Murchison Districts of Western Australia for economic nickel, copper, zinc, and vanadium deposits.
In the Kalgoorlie District, Mithril is exploring for nickel on the Kurnalpi, Lignum Dam and North Scotia Projects which lie along strike from, or adjacent to previously mined high-grade nickel at the Silver Swan and Scotia Nickel Deposits.
In the West Kimberley, Mithril is exploring for zinc on the Billy Hills Project which lies adjacent to the previously mined Pillara Zinc Deposit.
In the Murchison, Mithril is exploring for copper, nickel and zinc mineralisation on the Nanadie Well Project and for copper, silver, zinc and lead on the Bangemall Base Metal Project. Mithril's exploration partner – Monax Mining Ltd is also exploring for vanadium on the Limestone Well tenements.
Horizon Minerals Limited (ASX:HRZ) wishes to advise that it has received a notice of withdrawal from Minex (West) Pty Ltd, a 100% owned subsidiary of Mithril Resources Limited (ASX:MTH) (Mithril) covering the Nanadie Well Joint Venture with the project now returned to Horizon on a 100% basis.
Mithril Resources Ltd (ASX:MTH) is pleased to advise that field work on its priority 100% - owned Billy Hills Zinc Project (located adjacent to the former Pillara Zinc Mine, 25kms east of Fitzroy Crossing WA) will commence this week.
Mithril Resources Limited (ASX:MTH) advises that further to the results of the Extraordinary General Meeting held yesterday that its Board of Directors now comprises Mr David Hutton (Managing Director), Mr Adrien Wing (Non-Executive Director) and Mr Stephen Layton (Non-Executive Director).
Mithril Resources Limited (ASX:MTH) provides the Company's March 2019 Quarterly Activity Report.
Mithril Resources Limited (ASX:MTH) provides the Company's latest presentation.
The Directors present their report, together with the financial statements, on the consolidated entity consisting of Mithril Resources Limited (ASX:MTH) and the entities it controlled at the end of, or during, the half-year ended 31 December 2018.
Mithril Resources Ltd (ASX:MTH) is pleased to advise that all tenements at the 100% - owned Billy Hills Zinc Project have now been granted and the Company will commence field activities (primarily geophysics and drilling) once the Northern Wet Season concludes in late March 2019.
Mithril Resources Limited (ASX:MTH) provides the Company's Quarterly Report for the period ending 31 December, 2018.
Mithril Resources Ltd (ASX:MTH) has completed a capital raising comprising a Placement and a subsequent fully underwritten non-renounceable pro-rata rights issue to raise a total of $1,110,231 (before costs).