Mithril Resources Ltd (MTH:ASX) is pleased to provide the following announcement on drilling at the Basil Copper Prospect:
Additional higher grade intercepts in drilling at the Basil Copper Prospect
New copper prospect identified 30km south of Basil
? 12.4m @ 1.14%Cu from 257.1m and 8m@1.20%Cu from 291.3m in LB078DD drilled at the Peaks Zone confirms potential for higher copper grades on the extensive Basil Prospect;
? Drilling continues to test for zones of higher grade copper mineralisation with follow-up holes to be drilled at Peaks in September; and
? Discovery of outcropping copper mineralisation associated with extensive hematite, silica and carbonate altered granites 30km south of Basil. Mapping and geophysical surveys will be completed on this prospect in September to advance the target to a drill stage.
Please Click here to View the ASX Announcement
For more information visit www.mithrilresources.com.au or contact:
Mithril Resources Ltd Michels Warren
Graham Ascough Richard Sproull
admin@mithrilresources.com.au 0418 585 517
Anne Jenkins
Office Administrator
Mithril Resources Ltd
60 King William Road
Goodwood SA 5034
Phone: (61 8) 8378 8200
Fax: (61 8 8271 0037)
Email: admin@mithrilresources.com.au
Website: www.mithrilresources.com.au
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Mithril Res is a nickel and copper exploration company based in Australia.
Mithril Res holds various exploration projects in Australia.
Its main exploration properties are MUSGRAVE, DOMINION JV, CASEY PROJECT, SILVER SWAN NORTH, HAMMER HILL, HUCKITTA, PARDOO (HIGHWAY AND SUPPLY WELL), HOME OF BULLION, PROSPECT D and KALLI in Australia.