Mithril Silver and Gold Limited

Mithril Resources Limited (ASX:MTH) is pleased to provide an exploration update for the Mexi Nickel Prospect and the Nanadie Well Project (located 50 kilometres north-northeast of Kalgoorlie and 80 kilometres southeast of Meekatharra, WA respectively).

Mithril Resources Limited (ASX:MTH) is pleased to provide the Company's latest presentation at South Australia Resources and Energy Investment Conference.

Mithril Resources Limited (ASX:MTH) advises that a maiden 2012 JORC Code compliant Indicated and Inferred Mineral Resource of 1.01Mt @ 3.9g/t gold (126Koz contained gold) has been estimated for the Spargos Reward Gold Deposit by independent mining consultants Al Maynard and Associates Pty Ltd on behalf of Corona Minerals Limited, Mithril's exploration partner at Spargos Reward.

Mithril Resources (ASX:MTH) and its joint venture partners are exploring for gold, nickel and copper throughout the Kalgoorlie and Meekatharra Districts of Western Australia, and nickel-copper-PGE's throughout the Coompana Province of South Australia.

Mithril Resources Ltd (ASX:MTH) is pleased to advise that a drilling program is underway at the 100% owned Mexi nickel sulphide prospect located 50 kilometres north-northeast of Kalgoorlie Western Australia.

Mithril Resources Ltd (ASX:MTH) advises that the Geological Survey of South Australia and Geoscience Australia have commenced a regional diamond drilling program at Coompana which is located in South Australia's far west.

Mithril Resources Limited (ASX:MTH) is pleased to advise that it will shortly resume drilling at the 100% owned Mexi nickel sulphide prospect (located 50 kilometres north-northeast of Kalgoorlie Western Australia).

Mithril Resources Limited (ASX:MTH) is pleased to advise that a review of previously completed drill hole sampling has highlighted the cobalt potential of the Nanadie Well Copper Deposit which is located 80 kilometres southeast of Meekatharra, Western Australia.

Mithril Resources Ltd (ASX:MTH) are pleased to provide an exploration updated and presentation across the Company's base metal exploration projects including, Mexi Nickel Prospect, Stark Copper Prospect, Coompana Project and the Basil Copper Cobalt deposit.

Asian Activities Report for June 3, 2011 includes: Mithril Resources Limited (ASX:MTH) has extended the Basil Copper Prospect at its Huckitta Project to a total mineralised strike length of over 2.6 km; UXA Resources Limited (ASX:UXA) announced very encouraging high grade lead-zinc-silver assay results from the Dome 5 prospect in NSW; General Mining Corporation Limited (ASX:GMM) is to commence drilling at the Uvs Basin project in Mongolia between July and August; Definitive Feasibility Study on Sandfire Resources NL's (ASX:SFR) DeGrussa Copper-Gold Project in Western Australia has confirmed the project's robust nature.