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Mt Malcolm Mines Advances Drilling to Upgrade Calypso Gold Target
10:24am on Monday 25th of May, 2026 AEST
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Mining
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Mt Malcolm Mines Advances Drilling to Upgrade Calypso Gold Target
10:24am on Monday 25th of May, 2026 AEST
Key Points
Calypso Exploration Target of 2.9–3.9 Mt at 1.6–2.2 g/t Au for 153,000–279,000 oz
New T3 Constance Lode shows high-grade gold mineralisation beyond existing target
Drilling program includes RC and diamond drilling, metallurgical and geotechnical studies
Capital raise underway to fund resource definition and modelling activities
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