- Mt Malcolm Mines (M2M) begins a reverse circulation (RC) drilling program at the Dumbarton prospect within the Malcolm project in Western Australia
- Around 1500 metres of RC drilling will be completed to test for extensions to and the validity of historical intercepts in and around the previous Dumbarton workings
- Drilling will also test up to 500 metres along strike which has been inadequately drilled in the past
- Once received, the results should provide Mt Malcolm with more confidence to commit to a more thorough drilling program to enable the estimation of a mineral resource
- Mt Malcolm ends the day 10.1 per cent in the green with shares trading at 9.8 cents
Mt Malcolm Mines (M2M) has begun a reverse circulation (RC) drilling program at the Dumbarton prospect within the Malcolm project in Western Australia.
Around 1500 metres of RC drilling will be completed to test for extensions to and the validity of historical intercepts in and around the previous Dumbarton workings.
Drilling will also test up to 500 metres along strike which has been inadequately drilled in the past.
The drill program follows an extensive review of the current database as well as field inspections to validate historical hole locations.
A total of 15 RC holes have been planned of which five will be drilled now and the remainder to be drilled following approval from the Pastoralist.
A drilling Program and Work has been approved by the Department of Mines, Industry Regulation and Safety.
Once received, the results should provide Mt Malcolm with more confidence to commit to a more thorough drilling program to enable the estimation of a mineral resource.
Mt Malcolm has ended the day 10.1 per cent in the green with shares trading at 9.8 cents.