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An announcement from Mt Malcolm Mines NL ( (AU:M2M) ) is now available.
Mt Malcolm Mines NL announced the successful completion of bulk sampling excavation at the Golden Crown Prospect, highlighting significant gold recovery through wet gravity processing. This milestone, achieved without any loss time injuries, underscores the prospect’s economic potential. The ongoing processing of stockpiles has already yielded 218 ounces of gold doré, generating substantial revenue and reinforcing confidence in the project’s viability. The company plans to advance resource estimations, assess monetisation strategies for stockpiled material, and optimise future mining operations.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL operates in the mining industry, with a focus on gold extraction and processing. The company is involved in the exploration and development of gold prospects, with an emphasis on high-grade mineralisation and efficient recovery methods.
YTD Price Performance: -43.33%
Average Trading Volume: 471,956
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.85M
Learn more about M2M stock on TipRanks’ Stock Analysis page.
