Mt Malcolm Mines reports progress at Golden Crown

Mt Malcolm Mines NL (ASX:M2M) has made significant progress in its bulk sampling program at the Golden Crown Prospect. The company has reached an excavation depth of 392.5 mRL, marking the start of extracting higher-grade mineralised material. Visible gold-rich rock samples have been collected, supporting the high-grade zones identified in previous drilling, with a notable intercept of 19.5 g/t Au in drillhole GMRC01.

Overview and future outlook for Golden Crown

Mt Malcolm Mines NL has announced substantial advancements in its bulk sampling program at the Golden Crown Prospect, achieving a depth of 392.5 mRL. The discovery of visible gold in rock samples validates previous high-grade drilling results, underscoring the prospect's economic potential. The company plans to continue focusing on high-grade zones, refining geological models, and collecting data to guide future exploration and resource estimations. The Golden Crown Prospect, part of the Malcolm Project, shows significant promise, highlighted by historical high-grade drilling results. Mt Malcolm Mines remains committed to advancing its exploration and development efforts while addressing the inherent risks and uncertainties in forward-looking statements.

Executive commentary on Golden Crown's potential

The visible gold confirms the high-grade drilling intercept of 19.5 g/t Au in drillhole GMRC01. We anticipate further high-grade mineral extraction as the excavation progresses. These findings enhance the economic potential of the Golden Crown Prospect.