Mt Malcolm Mines NL ( (AU:M2M) ) has shared an update.
Mt Malcolm Mines NL has reported significant gold recoveries from its Golden Crown bulk sampling program, with 337 ounces of gold doré recovered to date and sales generating A$1.34 million. The high-grade nature of the mineralization is confirmed through gravity processing results, indicating the potential for near-term production. The company is planning further drilling to expand its high-grade mineralization potential, positioning Golden Crown for long-term value creation.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL is a company operating in the mining industry, focusing on gold extraction and production. The company is engaged in high-grade gold recovery through its Golden Crown bulk sampling program, aiming to establish itself as a significant player in the gold mining sector.
YTD Price Performance: -7.69%
Average Trading Volume: 670,957
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.44M
For a thorough assessment of M2M stock, go to TipRanks’ Stock Analysis page.