Mithril Resources Ltd. provides the Company's March 2019 Quarterly Activity Report. Key Points Billy Hills - Targeting large scale deposits within soil-covered portions of fault zones immediately along strike from existing surface and bedrock mineralisation with the Firetail and Python prospects prioritised for immediate field follow-up - Both prospects characterised by strike - extensive mineralised structures with [...]
Mithril Resources Ltd. provides the Company's latest presentation. - Mithril is focussed on exploring the Billy Hills Zinc Project - Billy Hills is the first step in a broader consolidation strategy - Firetail and Python prioritised for immediate follow-up - Next Steps o Ongoing target generation o Geological mapping and surface sampling will take place in April / May 2019 o Heritage Site Clearances in May 2019 o Diamond [...]
The Directors present their report, together with the financial statements, on the consolidated entity consisting of Mithril Resources Ltd. and the entities it controlled at the end of, or during, the half-year ended 31 December 2018. Principal activities During the financial half-year the principal continuing activities of the Group consisted of: - to carry out exploration of mineral tenements, both on a joint venture [...]
Mithril Resources Ltd. 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 once the Northern Wet Season concludes in late March 2019. This follows the successful execution of a Heritage Protection Agreement with the project's Traditional Owners and separate Access Agreements with local pastoralists in late 2018. At the [...]
Mithril Resources Ltd. provides the Company's Quarterly Report for the period ending 31 December, 2018. Key Points Billy Hills - Targeting large scale zinc + lead + silver deposits within soil-covered portions of fault zones immediately along strike from existing surface and bedrock mineralisation - Multiple targets characterised by elevated rock chip results up to 14.24% zinc + lead, an untested IP geophysical anomaly [...]
Mithril Resources Ltd. 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 . The Company raised $150,257 through the Placement pursuant to Section 708 of the Corporations Act at an issue price of $0.005 per new share . The Rights Issue, conducted at the same issue price, made pursuant to the Prospectus dated 19 [...]
Mithril Resources Ltd. is pleased to advise that it has executed a Heritage Protection and Mineral Exploration Agreement with the Gooniyandi Aboriginal Corporation for the 100% - owned Billy Hills Zinc Project . The agreement will allow Mithril to undertake exploration activities at Billy Hills under a series of heritage protection protocols that have been developed in consultation with the GAC. Commenting on the [...]
Mithril Resources Ltd. advises that following the lodgment of the Company's income tax return for the Financial Year ending 30 June 2018, it will be issuing a total of $226,664 worth of tax credits under the Federal Government's Junior Mineral Exploration Incentive scheme to those shareholders and investors who participated in the Company's Share Placement and Share Purchase Plan during the period 18 May 2018 to 29 June [...]
Mithril Resources Ltd. advises that a Positive Scoping Study has been completed for the Spargos Reward Gold Deposit by Perth-based public unlisted company Corona Minerals Limited , Mithril's exploration partner at Spargos Reward. Spargos Reward is located 30 kilometres west of Kambalda, WA and lies within ML15/1828 which is held in a Joint Venture between Corona and Mithril . An announcement providing details of the [...]
Mithril Resources Ltd. provides the Company's Capital Raising Presentation. Capital Raising Details - Placement and Rights Issue to raise $1.11M - Rights Issue is fully underwritten by Patersons Securities Ltd - Under the Rights Issue, eligible shareholders can subscribe for 5 new shares for every 6 shares held at an issue price of 0.5 cents per new share - Directors will take up their full entitlement under the Rights [...]
Mithril Resources Ltd. is pleased to advise that it is conducting a capital raising comprising a Placement and a subsequent fully underwritten non-renounceable pro-rata rights issue to be offered to eligible shareholders to raise a total of $1,110,231 . - Placement raises $150,257 with subsequent Fully Underwritten Rights Issue to raise a further $959,974 for a total of $1,110,231 - Funds raised will be used to advance [...]
Mithril Resources Ltd. provides the Company's 2018 AGM Presentation. Boots on ground explorer - Our Current focus o Billy Hills o Kurnalpi - Emerging Opportunities o Bangemall o Duffy Well - Exploration partnerships o Limestone Well To view the full presentation, please visit: http://abnnewswire.net/lnk/V67IWQGF About Mithril Resources Limited: Mithril Resources Ltd. is an Australian resources company whose objective is [...]