Mithril Resources' objective is the creation of shareholder wealth through the discovery and development of mineral deposits.
The Company is exploring for economic copper mineralisation within the highly prospective and relatively under-explored Eastern Arunta Province, Northern Territory (East Arunta Project Area) and for gold mineralisation within the richly endowed Eastern Goldfields of Western Australia (West Kambalda Project Area).
The Company also has a small project holding throughout the Pilbara region of Western Australia (Pilbara Project Area). While prospective for nickel - copper mineralisation, the Company is seeking to divest the project in order to focus on its priority East Arunta and West Kambalda Projects.
Our exploration strategy is threefold:
• Early identification and acquisition of prospective areas offering significant exploration upside ("First Mover Advantage").
• Advance projects as quickly as possible through the systematic application of modern geological, geochemical and geophysical techniques.
• Divest lower priority value - bearing projects to ensure that the Company's funds remain focused on priority opportunities.
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