Mt Malcolm Mines advances in Western Australia

Mt Malcolm Mines NL (ASX:M2M) is advancing its bulk sampling program at the Golden Crown Prospect in Western Australia. The initiative targets ultra high-grade gold zones, exceeding 10 grams per tonne. This effort is expected to generate revenue from gold sales and provide valuable geological data for future mining studies.

Bulk sampling initiative and future goals

Mt Malcolm Mines NL is actively extracting over 500 tonnes of ultra high-grade gold material at the Golden Crown Prospect, aiming to generate substantial revenue and critical geological data. Located within the Malcolm Project, the site offers strategic infrastructure advantages. The program advances at 12 meters depth, with initial promising results from gravity gold recoveries. This initiative will support higher margin cash flows and contribute to the company's long-term mining strategies and expansion plans.

Executive insights on gold extraction progress

This is a significant milestone for Mt Malcolm Mines, as the high-grade gold extraction not only enhances our revenue but also provides essential geological insights that will inform future mining operations and expansion efforts.