Mt Malcolm Mines Targets Resource Growth at Golden Crown with New Drilling Campaign
Mt Malcolm Mines NL (ASX: M2M) is preparing to commence a new reverse circulation drilling program at the Golden Crown Prospect, aimed at expanding and improving confidence in its maiden gold resource. The campaign will include approximately 25 drillholes covering 2,000–2,500 metres, targeting both shallow resource definition and step-out exploration to evaluate extensions of mineralisation along strike and at depth. The program follows an updated geological interpretation that identified several high-priority targets, including a previously untested 300-metre corridor with encouraging geological characteristics. Golden Crown currently hosts a JORC-compliant Mineral Resource of 95.7 thousand tonnes at 1.50 g/t gold for 4,600 ounces, with mineralisation remaining open in multiple directions. Supported by favourable metallurgical recoveries, strong historical drill intersections and completed environmental approvals, the upcoming campaign is expected to enhance geological understanding and assess the project's potential for future resource expansion and long-term development.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Mt Malcolm Mines Targets Resource Growth at Golden Crown with New Drilling Campaign
Mt Malcolm Mines NL (ASX: M2M) is preparing to commence a new reverse circulation drilling program at the Golden Crown Prospect, aimed at expanding and improving confidence in its maiden gold resource. The campaign will include approximately 25 drillholes covering 2,000–2,500 metres, targeting both shallow resource definition and step-out exploration to evaluate extensions of mineralisation along strike and at depth. The program follows an updated geological interpretation that identified several high-priority targets, including a previously untested 300-metre corridor with encouraging geological characteristics. Golden Crown currently hosts a JORC-compliant Mineral Resource of 95.7 thousand tonnes at 1.50 g/t gold for 4,600 ounces, with mineralisation remaining open in multiple directions. Supported by favourable metallurgical recoveries, strong historical drill intersections and completed environmental approvals, the upcoming campaign is expected to enhance geological understanding and assess the project's potential for future resource expansion and long-term development.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au