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Mt Malcolm Mines NL ( (AU:M2M) ) just unveiled an update.
Mt Malcolm Mines NL has made significant progress in its Reverse Circulation drilling campaign at the Golden Crown and Dumbarton prospects. The drilling at Golden Crown has shown promising geological results, aligning with the company’s expectations and supporting future resource expansion. The upcoming drilling at Dumbarton aims to establish a maiden resource estimate. The program is fully funded and on schedule, indicating a strategic move towards strengthening the company’s resource base and positioning in the gold mining industry.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL is a mining company focused on gold production, primarily operating in the Leonora region of Western Australia. The company aims to become a low-cost, high-margin gold producer, leveraging its 100%-owned Malcolm Project.
Average Trading Volume: 684,452
Technical Sentiment Signal: Sell
Current Market Cap: A$6.42M
Learn more about M2M stock on TipRanks’ Stock Analysis page.