Mt Malcolm Mines Continues Gold Recovery From Golden Crown

THE DRILL SERGEANT: Mt Malcolm Mines (ASX: M2M) has continued to make gold recovery advancements from the company’s bulk sampling program at its Golden Crown project in Western Australia.

Mt Malcolm Mines’ latest gravity processing results have provided further confirmation of the high-grade nature of the mineralisation, reinforcing its potential for near-term production.

Recent highlights include:

• 337 ounces (10,503 g) of gold doré recovered from 979 WMT (Wet Metric Tonnes) to date, with further processing ongoing.

• $1,342,062 revenue generated from doré sales to The Perth Mint, with doré purity ranging from 85.6 to 95.19 per cent gold.

• 49.9 ounces (1,554g) of gold doré recovered from 76 WMT of mineralised material in Batch B7D.

• 69.5 ounces (2,165g) of gold doré recovered from 91 WMT of mineralised material in Batches B7E and B7F.

• 19.3g/t and 22.4g/t Gravity-Recovered Gold (GRG) from Batches B7D and B7E-B7F respectively confirm high-grade gold mineralisation.

 

Mt Malcolm Mines managing director Trevor Dixon updates Wally Graham on progress at the RIU Explorers Conference

 

“The strong gravity gold recoveries continue to reinforce Golden Crown’s potential as a viable near-term production asset,” Mt Malcolm Mines managing director Trevor Dixon said in the company’s ASX announcement.

“With over 337 ounces of gold recovered to date and doré sales exceeding $1.34 million, we are building a solid foundation for future growth.

“These efforts position Golden Crown for long-term value creation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE