MT MALCOLM MINES REVELS IN RECORD GOLD INTERSECTIONS AT GOLDEN CROWN

Shallow High-Grade Zones Highlight Significant Potential

Mount Malcolm Mines NL (ASX:M2M) has shared thrilling results from its recent exploration at the Golden Crown Prospect, marking the highest ever recorded gold intersections at the site, showcasing both the shallow nature and high-grade potential of the mineralization.

Exploration Triumphs:

  • The company has announced an extraordinary 6m @ 24.45 g/t Au hit within a broader 10m @ 15.40 g/t Au high-grade zone, including an incredible 1m @ 60.55 g/t Au slice, in drill hole 24GCRC060.
  • Additional significant gold assays include 4m @ 5.23 g/t Au, 6m @ 4.77 g/t Au, and 3m @ 6.88 g/t Au from various depths, confirming the presence of widespread mineralization.
  • The drill program also reported numerous intercepts with visible gold, accentuating the prospect’s richness.
  • Importantly, the mineralization remains open in all directions, which is a promising sign for the extension drilling currently in the planning phase.

Management’s Enthusiasm:

Trevor Dixon, Managing Director of Mt Malcolm Mines, expressed his enthusiasm:

Golden Crown Prospect Resource Definition drilling results have returned the highest ever assay results within shallow mineralisation providing an ideal environment for cost-effective mining operations. Focused work from our geological team has delivered a breath of new life into this classic old producer from a bygone era. We are committed to achieving critical milestones whilst

advancing Golden Crown towards development.

With the Golden Crown Prospect located just 10km from Leonora and residing on a granted Mining Lease, Mt Malcolm Mines NL’s latest results affirm the site’s high-grade nature and affirm the company’s strategic direction towards developing this promising prospect.

Read the full announcement

Goldman

Read Previous

AURUM UNCOVERS NEW GOLD DEPTHS AT BOUNDIALI

Read Next

CAVALIER RESOURCES OUTLINES MAIDEN ORE RESERVE AT CRAWFORD