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Mt Malcolm Mines NL ( (AU:M2M) ) has shared an announcement.
Mt Malcolm Mines NL has initiated a comprehensive data review and JORC (2012) Mineral Resource Estimation for its Malcolm Gold Project, following successful drilling and bulk sampling activities. This initiative, involving over 4,600 meters of recent drilling and significant bulk sampling outcomes, aims to establish a robust geological framework and potential resource base. The project’s strategic location near major gold deposits enhances its potential, marking a pivotal step in its development. The engagement of Dr. Spero Carras for technical evaluation underscores the company’s commitment to advancing its resource evaluation and strengthening its position in the gold mining industry.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL is a mining company focused on gold exploration and development. The company operates in the mineral-rich region of Leonora, Western Australia, with a primary focus on the Malcolm Gold Project. Their operations include exploration activities such as drilling and bulk sampling to establish a resource base compliant with the JORC (2012) standards.
Average Trading Volume: 663,971
Technical Sentiment Signal: Sell
Current Market Cap: A$7.46M
See more data about M2M stock on TipRanks’ Stock Analysis page.