Mithril drills 4.01 g/t Au, 225 g/t Ag over 7.25 m at Copalquin

Melbourne, Australia and Vancouver, Canada – TheNewswire - June 10, 2026 - Mithril Silver and Gold Limited ("Mithril” or the "Company") (TSXV: MSG) (ASX: MTH) (OTCQB: MTIRF) is pleased to provide details of continued drilling progress at Mithril’s district scale Copalquin property, Durango State, Mexico. Update Highlights Mithril completes final six holes in the in the western expansion area of the El Refugio area, and final two holes in La Soledad southeast expansion area, in advance of the updated Mineral Resource Estimate planned for late June 2026   Three of six drill holes completed at El Refugio intercepted high grade silver and gold, including drill hole RE26-013 which intercepted 7.25 m grading 4.01 g/t Au and 225.1 g/t Ag, or 7.22 g/t AuEq, at distance of approximately 190 m from previously announced drill hole RE26-009 which intercepted 9.65 m grading 7.00 g/t Au and 370.3 g/t Ag, or 12.29 g/t AuEq 0F 1   Drilling in the La Soledad vein continues to intercept elevated gold values in drilling, as extension of the 2021 MRE footprint seen in hole LS26-007   Target 1 resource upgrade drilling highlights include:   2.85 m @ 2.41 g/t gold, and 107.8 g/t silver from 395.05 m (RE26-010) , including   0.95 m @ 2.83 g/t gold, and 188.0 g/t silver from 396.95 m 1.20 m @ 6.64 g/t gold, and 6.4 g/t silver from 304.20 m (RE26-012) , and   1.65 m @ 3.79 g/t gold, and 8.3 g/t silver from 316.75 m, including   0.75 m @ 5.55 g/t gold, and 11.9 g/t silver from 317.65, 7.25 m @ 4.01 g/t gold, and 225.1 g/t silver from 375.70 m (RE26-013) , including   3.30 m @ 7.11 g/t gold, and 368.2 g/t silver from 376.80 m, including 0.50 m @ 15.25 g/t gold, and 533.0 g/t silver from 378.00 m, and including 3.25 m @ 5.23 g/t gold, and 30.5 g/t silver from 92.0 m (LS26-007) , inc