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Mt Malcolm Mines NL ( (AU:M2M) ) has shared an announcement.
Mt Malcolm Mines NL has reported significant success in its bulk sampling program at the Golden Crown Prospect, with the recovery of 122.4 ounces of high-grade gold doré. The recent phase in December 2024 yielded 73.9 ounces, generating $278,648 in revenue from sales to The Perth Mint Refinery. This program demonstrates the strong economic potential of the site and aligns with the company’s strategy for future mining projects. The final batch from the program is being processed, with further sales expected, enhancing the company’s revenue generation capabilities.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL is involved in the mining industry, focusing primarily on gold exploration and production. The company is engaged in bulk sampling programs to evaluate the potential for gold mining, particularly at the Golden Crown Prospect.
YTD Price Performance: -3.33%
Average Trading Volume: 629,811
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.52M
Find detailed analytics on M2M stock on TipRanks’ Stock Analysis page.