Mitre Mining (ASX: MMC) continues to shine at the silver-rich Cerro Bayo project in Chile (w/ Tim Laneyrie)

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5M ago 12:35

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Mitre Mining (ASX: MMC) chief executive officer Tim Laneyrie joins Small Caps to discuss the continued success the company is achieving at its exciting Cerro Bayo silver-gold project in southern Chile.

With around $10.3 million in the bank, Mitre is stepping up its exploration activity at Cerro Bay with the aim of lifting the project's current 50 million ounces of silver equivalent mineral resource to 100 million ounces of silver equivalent.

That aim was recently boosted when Mitre obtained rock chip assays of up to 10,466 grams per tonne silver equivalent.

That find confirmed the discovery of another potential swarm of silver-gold veins at Cerro Bayo.

It also highlighted the upside at Cerro Bayo where Mitre is putting together an exceptional pipeline of drill targets.

The company is fast-tracking its testing of those new targets with a second drill rig being transported to site.

Articles:
https://smallcaps.com.au/mitre-mining-price-target-canaccord-cerro-bayo-acquisition/https://smallcaps.com.au/mitre-mining-identifies-new-silver-gold-veins-cerro-bayo-chile/

For more information on Mitre Mining:
https://smallcaps.com.au/stocks/asx-mmc/

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