Mt Malcolm Mines Discovers High-Grade Gold at Golden Crown Prospect

Fri 21 Mar 25, 12:23 AM | Team Kalkine

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Highlights

Mt Malcolm Mines confirms gold grades averaging 3 g/t, with peak values reaching 42.74 g/t at its Golden Crown prospect.

48 grab samples from 2,400 wet metric tonnes (WMT) of stockpiled mineralised material indicate economic gold potential.

The discovery presents a near-term cash flow opportunity, with sampling of the remaining 980 WMT in progress.

Mt Malcolm Mines NL (ASX:M2M) has identified high-grade gold mineralization at its Golden Crown prospect, part of the Mt Malcolm gold project in Western Australia. Located 200 km northeast of Leonora, the site has delivered promising assay results, with gold averaging 3 g/t and peaking at 42.74 g/t from stockpiled material.

Stockpile Sampling Confirms Economic Potential

A total of 48 grab samples were collected from 2,400 WMT of stockpiled material, confirming the presence of economic gold grades.

Additionally, the site still contains 980 WMT of material, which has been sampled for grade determination, with results currently under analysis.

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