The Mythril Phaser is the phaser obtained from the crafting of 4 Mythril Chunks and 1 Stick. It is a powerful ranged weapon for its calibre, dealing 41 ranged damage. It does not use ammunition and has 3000 uses. It is a relatively effective weapon for its cost. The phaser is not as strong as the Mythril Bow, and has a similar rate of fire. However, it does not require ammunition, but it is slightly more expensive to manufacture, making it debatable whether or not to obtain this weapon.
The Mythril Phaser has a low rate of fire, so it is generally used as a one-shot damaging weapon. It has high damage, and 3000 uses making it a useful and a powerful weapon. The best use of this weapon is to 'snipe' enemies at a distance.