MT Malcolm Mines NL
Mt Malcolm Mines NL is an Australia-based gold focused exploration company.
The business
Mt Malcolm Mines NL is an Australia-based gold focused exploration company. The Company’s project includes the Mt Malcolm Gold Project. Its project is divided into nine prospect areas, which include Mt George, Emu Egg, Germatong and Rabbit Warren South, Pig Well, Sunday to Picnic Shear Zone, Malcolm Dam including Golden Crown and Malcolm King, Malcolm Mining Centre, Mt Stewart including Paleochannel, and Calypso. The project’s prospect areas have been consolidated from approximately 151 tenements, including 122 prospecting licenses (PL), 21 prospecting license applications (PLA), two mining licenses (ML), three mining lease applications (MLA) and three exploration licenses (EL). The Project area is within the Kurnalpi Terrane of the Mt Margaret Mineral Field in the Malcolm District of Western Australia. The portfolio overlies a 30 kilometers (km) strike segment of the Keith-Kilkenny Tectonic Zone.
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Latest news
Gold surge revives interest in historic stockpiles for rapid returns
With gold prices passing record levels and forecast to continue their climb, local miners are turning their attention to historic stockpiles as an opportunity to provide quick, low-cost returns. In the past week, two miners listed on the Australian Securities Exchange have announced plans to attack gold stockpiles located on their properties. Mt Fisher mine […]
Market wrap: Aussie dollar shines but share market slips
Once again, the Australian share market marked time as the dominating miners and banks once again ignored positive offshore leads and lost value. Admittedly there was trepidation about how the US jobs figures would play out after the market close but still the benchmark ASX 200 index finished the day down 0.1% or 9.5 points […]
Mt Malcolm Mines unveils exceptional gold grades at historic Golden Crown prospect
Mt Malcolm Mines (ASX: M2M) has obtained multiple high-grade assay returns including 111 grams per tonne and 65.66g/t gold from new grade control drilling at its Golden Crown prospect in Western Australia. “The grade control drilling results have significantly boosted our confidence in the upcoming bulk sampling and the overall mineralisation at Golden Crown,” managing […]
Mt Malcolm Mines enhances prospects at Golden Crown with robust gold recovery rates
Mt Malcolm Mines (ASX: M2M) has confirmed gold recovery averaging 63.4% during a processing study conducted on samples from its Golden Crown prospect in Western Australia. The ongoing study is assessing the prospect’s economic potential by processing seven batches of samples from 62 mineralised intercepts reported in a February reverse circulation drilling campaign. The batches […]
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