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Mt Malcolm Mines NL ( (AU:M2M) ) has shared an update.
Mt Malcolm Mines NL has initiated a 2,000-metre Reverse Circulation drilling program at its Sunday Picnic Prospect within the Malcolm Project in Western Australia. This program aims to infill shallow gold mineralisation along a 700-metre corridor and test beneath historical workings, contributing to future JORC-compliant resource estimates. The company has also lodged a Mining Lease Application over 15 tenements, consolidating the Sunday Picnic area to fast-track development opportunities and support its strategy to advance into a development-ready position.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL operates in the mining industry, focusing on gold exploration and development. The company is involved in the extraction and processing of gold, with a market focus on the Eastern Goldfields region of Western Australia.
Average Trading Volume: 430,292
Technical Sentiment Signal: Sell
Current Market Cap: A$7.77M
Learn more about M2M stock on TipRanks’ Stock Analysis page.