Monday, November 14, 2011

Mithril Resources Ltd (ASX:MTH)



NEW COPPER PROSPECT AND DRILL TARGETS IDENTIFIED AT HUCKITTA PROJECT

· New copper prospect, named Bigglesworth, identified on wholly owned Albarta Bore tenement, 20 km along strike from the recently discovered Austin copper prospect.
· Widespread copper mineralisation and hematite-alteration at Bigglesworth is consistent with iron oxide copper gold (IOCG) mineralising system.
· Gravity survey has identified large dense bodies adjacent to new copper mineralisation, consistent with IOCG signature.
· Geophysical surveys have delineated multiple drill targets at Austin associated with outcropping copper mineralisation and hematite-alteration.

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