Mt Malcolm Strikes Gold at Golden Crown, Nets AU$1.34 Million in Revenue

2 min read | March 03, 2025 11:10 AM AEDT | By Team Kalkine Media

Mt Malcolm Strikes Gold at Golden Crown, Nets AU$1.34 Million in Revenue — Image source: shutterstock

Batch Success Drives Results

The program delivered impressive batch-specific results, showcasing the deposit’s high-grade potential:

Batch B7D: 49.9 ounces of gold doré from 76 WMT.
Batches B7E & B7F: Combined 69.5 ounces of gold doré from 91 WMT.

These results underscore the strength of the mineralization at Golden Crown, part of the larger Malcolm project, located northeast of Leonora, a region renowned for its gold deposits.

Validation of Prospect Potential

Managing Director Trevor Dixon expressed confidence in Golden Crown’s future, stating the bulk sampling results confirm the quality of the resource while also providing an early cash flow boost.

“This outcome validates the prospectivity of the Golden Crown deposit and strengthens our belief in the wider Malcolm project’s potential. The early revenue from gold sales is a fantastic result as we continue to explore and expand our operations,” Dixon said.

Mt Malcolm’s shares have been trading at 2.4 cents.

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