Mithril Silver and Gold
- Company typePublic
- Founded2020
- HeadquartersMelbourne, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
Mithril Silver and Gold firmographics
Firmographics- Name
- Mithril Silver and Gold
- Legal name
- Mithril Silver and Gold Limited
- Website
- https://mithrilsilvergold.com
- Company type
- Public
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Mithril Silver and Gold industry classification
Industry- Product category
- Mineral Exploration and Development
- NAICS
- Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industry
- Silver Mining (IMAKAEAB)
Keywords
Where Mithril Silver and Gold is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Mithril Silver and Gold business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Pre-Revenue Exploration Stage: Mithril Silver and Gold is a pre-revenue mining exploration company. The company does not currently generate revenue from mining operations. Future revenue will come from the sale of gold and silver produced from the Copalquin District and La Dura properties once development and production commences.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Mithril Silver and Gold product offering
Product offeringCore offering
Mithril Silver and Gold is a publicly listed mining exploration and development company focused on district-scale epithermal gold-silver systems in Mexico's Sierra Madre Gold-Silver Trend. The company is currently pre-revenue and is advancing its flagship 70 km² Copalquin Mining District and the recently acquired La Dura Property through drilling, metallurgical testing, and resource definition work, with future revenue expected from gold and silver production.
Product overview
Mithril Silver and Gold is a mining exploration and development company with two primary asset projects: the flagship Copalquin Mining District (70 km²) and the La Dura Property (2,052 hectares), both located in Durango State, Mexico within the prolific Sierra Madre Gold-Silver Trend. The company's primary product is the Copalquin project, a district-scale epithermal gold-silver system that represents the core focus of the company's exploration and development activities. The La Dura property, acquired in December 2025, serves as an adjacent expansion property near the flagship Copalquin District, offering additional exploration upside within the same geological region.
Differentiator
Problem solved
Functional benefit
Products and services
- Copalquin Mining District Flagship 70 km² district-scale epithermal gold-silver mining project located in Mexico's Sierra Madre Gold-Silver Trend, featuring 298 historic mines and workings across a 10 km by 7 km area, with a maiden JORC Mineral Resource Estimate of 529,000 ounces AuEq at 6.81 g/t. Target buyers are resource sector investors and mid-tier to major mining companies seeking high-grade gold-silver assets.
- La Dura Property 2,052-hectare gold-silver property consisting of 5 contiguous mining concessions in Durango State, Mexico, located 5 km from El Durazno and 20 km from the Copalquin flagship property, featuring the historic La Dura gold-silver mine with a 60 tonne per day processing facility. Targeted at resource sector investors and mining companies seeking additional district-scale exploration upside.
Quantifiable outcome
- 96.5% gold recovery and 91% silver recovery from flotation and cyanide leaching test work
- +2 more outcomes
Companies that use Mithril Silver and Gold
Customer profileSegments2 records
Ideal customer profiles2 records
Mithril Silver and Gold technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Mithril Silver and Gold partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- SGS LaboratoriesminorSGS Laboratories conducted metallurgical test work following the maiden mineral resource estimate. Test work on composite samples from El Refugio crushed drill core achieved high recoveries of 96.5% for gold and 91% for silver using flotation and cyanide leaching.
- AMC ConsultingminorAMC Consultants completed a mining concepts design study for the El Refugio-La Soledad maiden JORC mineral resource estimate in Q1 2022. The study considered open pit potential and various underground mining techniques.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Mithril Silver and Gold competitors and assessment
Company assessmentDirect peers
- Vizsla Silver: Mexico-focused gold-silver explorer advancing the Panuco epithermal district in the Sierra Madre Trend; directly comparable as a junior explorer targeting high-grade epithermal Au-Ag resources in the same geological belt as Mithril's Copalquin project.
- SilverCrest Metals: Predecessor operator of the Las Chispas epithermal Au-Ag mine in Sonora, Mexico, acquired by Coeur Mining in February 2025; directly comparable for high-grade epithermal Au-Ag development in Mexico and is the source of Mithril's VP Exploration James Barr.
- Mag Silver: Silver-gold developer focused on the Juanicipio project in Mexico's Fresnillo mining district; comparable as a Mexico-listed precious metals developer with district-scale epithermal resource ambitions similar to Mithril's Copalquin.
- GR Silver Mining: Junior silver-gold explorer with projects in Mexico's Rosario mining district, Sinaloa; comparable early-stage epithermal explorer in the same Sierra Madre geological belt pursuing resource definition similar to Mithril.
- Heliostar Metals: Junior gold-silver explorer with active drill programs in Mexico's Sierra Madre and Sonoran desert regions; directly comparable as an emerging Mexico-focused epithermal Au-Ag explorer at a similar stage to Mithril.
- Prime Mining: Gold-silver explorer advancing the Los Reyes project in Sinaloa, Mexico's Sierra Madre Trend; comparable district-scale epithermal Au-Ag explorer with active resource expansion drilling analogous to Mithril's Copalquin program.
Broad incumbents
- Aura Minerals: Mid-tier gold-copper producer with operations across the Americas including Mexico; comparable as a precious metals incumbent in Mexico where Mithril board member Meghan Lewis previously served as VP Corporate Development.
- Coeur Mining: Mid-tier US precious metals producer operating Palmarejo (acquired from Mithril CEO Skeet's prior team) and Las Chispas (acquired from SilverCrest) in Mexico; comparable as a senior acquirer of high-grade Mexico epithermal Au-Ag assets and a logical takeout candidate for Mithril.
- Endeavour Silver: Mid-tier silver-gold producer operating multiple mines in Mexico; comparable Mexico-focused precious metals incumbent that regularly evaluates district-scale exploration and development opportunities similar to Mithril.
- First Majestic Silver: Established silver-gold producer with multiple operating mines in Mexico; comparable as a broader Mexico-focused precious metals operator and potential acquirer of district-scale exploration assets like Mithril's Copalquin.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Mithril Silver and Gold social profiles
Digital presenceMithril Silver and Gold financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mithril Silver and Gold leadership team
Management profileNumber of profiles
Profiles10 records
Mithril Silver and Gold funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mithril Silver and Gold M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mithril Silver and Gold
What does Mithril Silver and Gold do?
Mithril Silver and Gold is a publicly listed mining exploration and development company focused on district-scale epithermal gold-silver systems in Mexico's Sierra Madre Gold-Silver Trend. The company is currently pre-revenue and is advancing its flagship 70 km² Copalquin Mining District and the recently acquired La Dura Property through drilling, metallurgical testing, and resource definition work, with future revenue expected from gold and silver production.
Is Mithril Silver and Gold a public or private company?
Mithril Silver and Gold is a public company. It is classified as public and is currently operating.
When was Mithril Silver and Gold founded?
Mithril Silver and Gold was founded in 2020. It employs 1 to 10 people.
Where is Mithril Silver and Gold based?
Mithril Silver and Gold is headquartered in Melbourne, Australia, in the Oceania region.
How does Mithril Silver and Gold make money?
One revenue line is on record: pre-Revenue Exploration Stage.
Who are Mithril Silver and Gold's main competitors?
Direct peers on record are Vizsla Silver, SilverCrest Metals, Mag Silver, GR Silver Mining, Heliostar Metals and Prime Mining. Broad incumbents are Aura Minerals, Coeur Mining, Endeavour Silver and First Majestic Silver.
Does Mithril Silver and Gold have an API?
No public API is recorded for Mithril Silver and Gold.
What industry is Mithril Silver and Gold in?
Mithril Silver and Gold's product category is Mineral Exploration and Development. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKAEAB, Silver Mining. Its NAICS code is 212220 and its SIC code is 1040.