Mt Malcolm Mines Confirms Shallow Golden Crown Gold Mineralisation
THE DRILL SERGEANT: Mt Malcolm Mines (ASX: M2M) reported receipt of remaining assays and completion of an inaugural RC drilling program at the company’s Golden Crown prospect near Leonora in Western Australia.
Mt Malcolm Mines encountered noteworthy gold intercepts from the nine RC holes for an advance of 860 metres.
Assay results for the RC drill program include:
21GCRC001
1 metres at 0.54 grams per tonne gold (19-20m) and 2m at 0.59g/t gold (32-34m)
3m at 11.97g/t gold (37-40m) including 1m at 33.61g/t gold (37-38m); and
21GCRC003
2m at 0.92g/t gold (19-21m) and 7m at 0.34g/t gold (25-31m) and 1m at 0.66g/t gold (62-63m).
“The Golden Crown prospect is shaping up well with several high-grade gold intersections received to date,” Mt Malcolm Mines managing director Trevor Dixon said in the company’s ASX announcement.
“Limited drilling has confirmed and identified high-grade shallow gold mineralisation that remains open along strike and completely open at depth.
“The prospect is at an early exploration stage and warrants further follow-up RC drilling.”
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Email: info@mtmalcolm.com.au
Web: www.mtmalcolm.com.au