Mitre Mining (ASX: MMC) has just acquired the Cerro Bayo silver gold project in Chile, the project has an existing resource of almost 25-million ounces of silver equivalent. More importantly it has huge exploration upside. Mitre plans to start drilling in January, it has numerous walk up drill targets, the objective is to grow the resource substantially over the next 12 months. ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.