Overview

Serving mainly as a boss arena for the Volcadon, the volcano is a place where you'll only go if you intend to kill the bird or to get to the mithril node. It has no other resources to speak of, being relatively easy to get to with only a few blocks or cactus needed to climb up to the crater. The little obby you need to go through to get down to the inside is not hard to traverse either, being also able to be skipped if in possession of a glider.

Mithril Location

The node is located inside the volcano, to the left side of the spot you reach after coming down the obby. You'll need something to climb with such as cactus, segments, etc. If the Volcadon isn't inside, it should be easy to mine it in peace and wait for more if needed. Video of both the mithril location and the obby below.