During the half year Horizon Minerals Ltd. made progress on a number of fronts. Key developments were as follows: Mine Development An 18,000m grade control infill drilling program was completed at Boorara during the Period enabling the compilation of an updated geological model for the first 50m of the resource. Mine optimisation, evaluation and [...]
Horizon Minerals Ltd. wishes to advise that it has received a notice of withdrawal from Minex Pty Ltd, a 100% owned subsidiary of Mithril Resources Ltd. covering the Nanadie Well Joint Venture with the project now returned to Horizon on a 100% basis. All relevant mining and geological information, drilling samples and property pertaining to the [...]
Mithril Resources Ltd. is pleased to advise that field work on its priority 100% - owned Billy Hills Zinc Project will commence this week. - Field inspection of exploration targets to define specific targets for drill-testing to commence this week - Targeting large scale zinc + lead + silver deposits along strike from known mineralisation similar [...]
Mithril Resources Ltd. advises that further to the results of the Extraordinary General Meeting held yesterday that its Board of Directors now comprises Mr David Hutton , Mr Adrien Wing and Mr Stephen Layton . Mr Wing will also assume the role of Company Secretary following the resignation of the Company's previous Company Secretary, Mr Donald [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]