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Mt Malcolm Mines Secures 500k TPA Mill, Raises $3.05M, Advances Gold Drilling
1:02pm on Wednesday 28th of January, 2026 AEDT
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Mining
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Mt Malcolm Mines Secures 500k TPA Mill, Raises $3.05M, Advances Gold Drilling
1:02pm on Wednesday 28th of January, 2026 AEDT
Key Points
Acquisition of 500k TPA carbon-in-leach gold processing plant in Leonora district
Oversubscribed $3.05 million renounceable rights issue strengthens growth funding
Infill RC drilling at Picnic South confirms continuous gold mineralisation over 700m
Potential near-term cashflow from toll milling and pathway to self-processing
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MT MALCOLM MINES (ASX:M2M)
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