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Mt Malcolm Mines NL ( (AU:M2M) ) has provided an update.
Mt Malcolm Mines NL has announced the commencement of a 3,000-meter Reverse Circulation (RC) drilling program at its Golden Crown and Dumbarton prospects. This initiative aims to explore high-grade gold mineralization, with the potential to define a maiden JORC-compliant Mineral Resource Estimate. The drilling program is strategically positioned to benefit from existing gold mining infrastructure, offering low-capital expenditure development opportunities. The campaign is expected to enhance the company’s operational capabilities and strengthen its position in the gold mining industry.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL is a mining company focused on gold exploration and development. The company operates primarily in Western Australia, targeting high-grade gold mineralization at its 100%-owned Golden Crown and Dumbarton prospects near Leonora.
Average Trading Volume: 981,647
Technical Sentiment Signal: Sell
Current Market Cap: A$6.42M
Find detailed analytics on M2M stock on TipRanks’ Stock Analysis page.