Sampling of the Mt Malcolm stockpile indicates the commercial potential of Golden Crown.

March 10, 2025 11:00 AM AEDT | By Team Kalkine Media

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Sampling of the Mt Malcolm stockpile indicates the commercial potential of Golden Crown. — Image source: Shutterstock

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Highlights:

Mt Malcolm Mines assesses a significant quantity of high-grade gold material at Golden Crown.

Advanced surveying and sampling reinforce metallurgical findings.

Ongoing efforts focus on refining resource estimates and enhancing production plans.

Mt Malcolm Mines, listed under (ASX:M2M), continues its exploration and assessment activities at the Golden Crown prospect, identifying a substantial quantity of high-grade gold-bearing material. Initial evaluations have indicated an impressive average grade, underscoring the significance of this project within the gold mining sector.

Stockpile Examination and Sampling Insights

A bulk sampling initiative has been conducted to assess metallurgical and mining parameters, with fine-grained grab samples collected from multiple stockpiles. Results demonstrate high-grade mineralization, confirming the viability of existing resources. This initiative enhances the understanding of resource quality and contributes to near-term operational planning.

Technological Advancements in Geological Analysis

High-resolution LiDAR surveys have played a crucial role in estimating the volume of identified stockpiles. These surveys, completed as part of geotechnical groundwork, have improved the accuracy of assessments. While initial sampling offers valuable insight, additional exploration and drilling activities are planned to further refine grade continuity and resource definition.

Processing and Resource Development Strategies

The bulk sampling program has yielded significant quantities of gold doré, reinforcing cash flow strategies while supplying crucial geotechnical data for mine planning. This process supports the enhancement of resource modeling and geological understanding, contributing to the optimization of pit slope configurations and overall mining efficiency. Future drilling operations are set to define additional high-grade zones for a more comprehensive resource estimate.

Operational Outlook and Processing Evaluations

Recent sampling efforts have focused on mineralized tailings, with evaluations underway to determine efficient processing methods. Heap leach processing is among the techniques being analyzed for its potential to maximize economic returns. With a focus on phased development, Mt Malcolm Mines is advancing toward streamlined production, leveraging existing resources for early revenue generation while preparing for long-term growth.

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