Mithril Resources Ltd (ASX:MTH) is among the leading gainers in morning trade after dialling into a new Zinc Project known as Billy Hills in the West Kimberley region of Western Australia.
The project is located in a known mineralised area, as it adjoins the Pillara Zinc Mine which had a pre-mine resource of 18.05 million tonnes at 7.7% zinc and 2.4% lead.
Mithril will now commence a data compilation, review and target generation exercise at Billy Hills ahead of the tenement’s grant which is expected within the next 12 months.
Company Name · Code · Last · Change · Volume
Magnum Gas & Power Ltd · MPE · $0.002 · 100% · 300,000
Environmental Group Ltd · EGL · $0.040 · 90.48% · 382,700
Cougar Metals NL · CGM · $0.008 · 33.33% · 9,999,126
Ennox Group Ltd · EXO · $0.004 · 33.33% · 1,650,000
Mithril Resources Ltd · MTH · $0.004 · 33.33% · 2,668,110
Centaurus Metals Ltd · CTM · $0.004 · 33.33% · 125,000
De Grey Mining Ltd · DEG · $0.052 · 30% · 3,605,432
Anatara Lifesciences Ltd · ANR · $1.230 · 29.47% · 204,563
Oil Basins Ltd · OBL · $0.005 · 25% · 1,000,000