Mithril has two projects in the Kalgoorlie District – Kurnalpi and Lignum Dam.
Kurnalpi (MTH – 100%) is located 60 kilometres north east of Kalgoorlie and covers a sequence of Archean ultramafic / mafic rocks that are prospective for nickel sulphide mineralisation.
Drilling undertaken by Mithril at the northern end of the project has confirmed the presence of nickel sulphide mineralisation with a 4-metre zone of gossanous weathered ultramafic and several other narrow intervals of disseminated nickel sulphide mineralisation intersected beneath a flat-lying zone of near-surface nickel-cobalt mineralisation.
The prospective ultramafic also continues south along strike from the nickel sulphides for over 7 kilometres within Mithril’s tenements.
Lignum Dam (MTH – 100%) is located 60 kilometres north-northeast of Kalgoorlie and covers a package of gold and nickel prospective Archaean mafic, ultramafic, and felsic rock types along strike from previously mined high-grade nickel sulphide mineralisation at the Silver Swan and Scotia nickel deposits.
The tenements remain relatively unexplored with the main historic activity being shallow RAB / aircore drilling on wide-spaced regional traverses. This drilling identified several areas of elevated nickel confirming the presence of prospective rock types (i.e. ultramafic) that require follow-up.