Mt Malcolm Mines NL (AU:M2M) has released an update.
Mt Malcolm Mines NL reports outstanding gold recovery rates of 94.6% from tailings samples at Golden Crown, indicating the potential for profitable small-scale mining operations. The company’s recent testwork supports the economic viability of processing high-grade material, with gold content ranging from 1.0 to 3.5 g/t Au. Plans for follow-up drilling are in motion as the bulk sampling program shows promising signs of visible gold.
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