USD $4,111.97
Goldman Golden Crown bulk sampling delivers strong results
Mt Malcolm Mines NL (ASX:M2M) has announced a further update on its bulk sampling program at the Golden Crown Prospect, confirming a total of 122.4 ounces (3,809 g) of gold doré produced to date. The program highlights the high-grade nature of the mineralisation at the prospect.
Key Highlights:
- 73.9 ounces (2,299 g) of gold doré were recovered during the most recent phase (second fortnight of December 2024), generating $278,648 in revenue through sales to The Perth Mint Refinery.
- Gravity-recovered gold from batches B6 and B7 reported grades of 7.1 g/t and 11.4 g/t, respectively.
- Total cumulative revenue from doré sales to The Perth Mint stands at $449,194.
- Processing of the final batch is underway, with additional gold sales expected in the coming weeks.
- Current stockpile material is being assessed for further processing, with grades ranging from 0.5–10 g/t Au.
Managing Director Trevor Dixon said:
The bulk sampling program at Golden Crown continues to deliver outstanding results. It is demonstrating the strong potential for economic gold mining potential at the prospect and continuing to reinforce the Company’s strategy for revenue generation and future full-scale mining projects across the extended Malcolm Project.
