First gold doré bar poured at Golden Crown

The inaugural gold doré bar has been poured from the bulk sampling program at Mt Malcolm Mines’ (ASX: M2M) Golden Crown prospect in WA.

A bulk sampling program at Golden Crown has produced Mt Malcolm’s first gold via gravity processing.

Notably, two gold doré bars were poured with a combined weight of 431g.

The bulk sampling program forms an integral part of Mt Malcolm’s strategy to evaluate the potential of Golden Grove.

So far, excavation has reached a depth of around 9m with efforts continuing to excavate and extract deeper mineralised material.

Ongoing sampling is continuing to visually confirm gold mineralisation, with visible gold observed in multiple rock chip samples, particularly within iron oxide alteration zones and quartz veins.

Mt Malcolm managing director Trevor Dixon called the inaugural pour a significant milestone for the company.

“The inaugural gold doré pour bar represents a significant achievement in the gravity processing at Golden Crown and we are thrilled to have reached this key milestone,” he said.

“These promising results strengthen our confidence in the prospect’s economic potential and we are excited to proceed with further work to unlock its full volume.”

High-grade gold mineralisation was also recorded via a rock chip sampling program, with an assay returning 458.39g/t gold.

A further 10 samples returned over 5g/t gold with results further confirming the presence of high-grade gold mineralisation at Golden Crown.

Bulk sampling is continuing at Golden Crown to assess and optimise metallurgy and mining parameters.