May 21, 2022

Mt Malcolm Mines (ASX:M2M) begins RC drilling at Dumbarton – The Market Herald

Subscribe

Be the first with news that moves the market

  • Mt Malcolm Mines (M2M) begins reverse circulation (RC) drilling program on the Dumbarton prospect as part of the Malcolm project in Western Australia
  • Approximately 1,500 meters of RC drilling will be completed to test the extents and validity of historic intercepts in and around previous Dumbarton workings
  • Drilling will also test up to 500 meters along strike which has not been properly drilled in the past
  • Once received, the results should give Mt Malcolm more confidence to embark on a more extensive drilling program to enable the estimation of a mineral resource.
  • Mt Malcolm ends the day 10.1% in the green with shares trading at 9.8 cents

Mt Malcolm Mines (M2M) has commenced a reverse circulation (RC) drilling program on the Dumbarton prospect within the Malcolm project in Western Australia.

Approximately 1500 meters of RC drilling will be completed to test the extensions and validity of historical intersections in and around previous Dumbarton workings.

Drilling will also test up to 500 meters along strike which has not been properly 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 rest will be drilled after pastor’s approval.

A drilling and works program has been approved by the Department of Mines, Industry Regulation and Safety.

Once received, the results should provide Mt Malcolm with more confidence to engage in a more extensive drilling program to enable estimation of a mineral resource.

Mt Malcolm ended the day 10.1% in the green with shares trading at 9.8 cents.