Mithril Resources Ltd (ASX:MTH)
Drilling
Underway at Illogwa Iron Oxide Copper Gold Target Area
·
3,800 metres of air core,
reverse circulation and diamond drilling planned as first ever drill test of
newly recognised Proterozoic copper – gold province
·
Four priority drill
targets comprising outcropping copper – gold mineralisation (rock chips up to
12.6% copper and 1.4g/t gold) to be tested first
·
Diamond drilling co-funded
(up to $100,000) by Northern Territory Government under Geophysics and Drilling
Collaborations Program
·
First results expected by
late August 2012
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