tiprankstipranks
Mt Malcolm Mines Strikes Gold with High Recovery Rates
Company Announcements

Mt Malcolm Mines Strikes Gold with High Recovery Rates

Mt Malcolm Mines NL (AU:M2M) has released an update.

Mt Malcolm Mines NL reports promising preliminary metallurgical testwork at its Golden Crown prospect, with an average gold recovery rate of 94.3% using conventional cyanide extraction methods. Recent drilling has uncovered four shallow stacked gold lodes, with plans for follow-up drilling to further assess the potential. The positive results have bolstered confidence in advancing towards a maiden resource estimate for the Golden Crown.

For further insights into AU:M2M stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!