Mt Malcolm Mines Achieves High-Grade Gold Recovery From Golden Crown

THE DRILL SERGEANT: Mt Malcolm Mines (ASX: M2M) followed up its appearance at The Roadhouse Steak Sandwich Showdown in Kalgoorlie with an announcement of excellent gold recovery results.

Mt Malcolm Mines achieved the results via gravity separation of tailings samples taken from the company’s Golden Crown deposit outside Kalgoorlie in Western Australia.

The company said the results indicate high achievable recovery while contributing to the total recovery from the gold mineralisation at Golden Crown.

The recent processing study at Golden Crown yielded promising results on the back of high-grade intercepts earlier drilling that was reported in July.

The Accelerated Cyanide Leach Leachwell (ACL) testwork achieved an average gold recovery of 94.6 per cent gold from tailing samples.

This result is consistent with the earlier testwork results of 94.3 per cent gold average recovery the company released in May.

“The recent testwork on gold recovery from tailings has shown significant value, boosting confidence in the economic viability of processing high-grade material from the ongoing bulk sampling exercise,” Mt Malcolm Mines managing director Trevor Dixon said in the company’s ASX announcement.

“This detailed processing approach aims to maximize gold recovery and thoroughly evaluate the prospect’s potential for small-scale mining operations and commercial gold extraction.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE