At The Precious Metals Summit Beaver Creek, we catch up with John Skeet, Managing Director and CEO of Mithril Silver and Gold Limited (TSXV: MSG), to discuss the company’s Copalquin gold and silver district in Mexico.
John explains how drilling has established a resource of more than 600,000 gold-equivalent ounces at the first target, with approximately 75% classified as indicated. Two drills are now working on a neighbouring, more silver-rich area as the company completes its funded 25,000-metre program.
We discuss the preliminary economic assessment underway, management’s production and valuation targets, and the work needed to establish a practical underground mining plan. John also addresses local security, community relationships and the exploration opportunities across the 70-square-kilometre district. The production and valuation figures discussed are management targets, with study results still pending.