Mithril Silver and Gold Limited

Mithril Resources Ltd (ASX:MTH) is pleased to advise that multiple targets have been prioritised for follow-up on its new 100% - owned Bangemall Base Metal Project.

Mithril Resources Ltd (ASX:MTH) is pleased to advise that two tenements (EL's 04/2497 and 2503) at its 100% - owned Billy Hills Zinc Project (located adjacent to the former Pillara Zinc Mine, 25 kms southeast of Fitzroy Crossing in the West Kimberley region of Western Australia) have been granted and four initial targets have been prioritised for field follow-up.

Mithril Resources Ltd (ASX:MTH) is pleased to advise that the recently completed work program at its 100% owned Kurnalpi Nickel Project (located 70 kms north east of Kalgoorlie, WA) has identified strongly elevated copper-cobalt within a new target position and strengthened the Company's understanding of the project's nickel sulphide prospectivity.

Mithril Resources Ltd (ASX:MTH) is pleased to advise that it has executed a Farm-in and Joint Venture Agreement with Monax Mining Ltd (ASX:MOX) whereby Monax is entitled to earn up to an 80% interest in Mithril's Limestone Well tenements (EL's 20/846 and 51/1069) by completing exploration expenditure of $2.5M over 5 years.

Mithril Resources Ltd (ASX:MTH) advises that a Reverse Circulation drilling program to test a strong off hole EM conductor at its 100% owned Kurnalpi Nickel Project (located 70 kms north east of Kalgoorlie, WA) has commenced.

Mithril Resources (ASX:MTH) and its exploration partners are exploring for a range of high-value commodities throughout the Meekatharra, West Kimberley and Kalgoorlie Districts of Western Australia, and the Coompana Province of South Australia.

Mithril Resources Ltd (ASX:MTH) advises that a Reverse Circulation drilling program to test a strong off hole EM conductor at its 100% owned Kurnalpi Nickel Project (located 70 kms north east of Kalgoorlie, WA) is scheduled to commence during the first week of August 2018.

Mithril Resources Ltd (ASX:MTH) is pleased to advise that it has received firm commitments to raise $428,732 through a share placement pursuant to Section 708 of the Corporations Act at the same issue price to the recently completed Share Purchase Plan, being $0.0107 (1.07 cents) per share.

Mithril Resources Ltd (ASX:MTH) is pleased to announce its Share Purchase Plan closed oversubscribed on 18 June 2018 raising $394,793 (after scale back).

Mithril Resources Ltd (ASX:MTH) advises that it has received formal notification from Chesser Resources Ltd (ASX:CHZ) that it intends to withdraw from an existing Farm-In Agreement (effective date - 11 July 2018) on selected tenements at Mithril's Kurnalpi Nickel Project (located 70 kms north east of Kalgoorlie, WA).