Mt Malcolm Mines NL (M2M) is a gold focused exploration company listed on the Australian Securities Exchange (ASX) during September 2021. M2M have assembled a comprehensive prospective tenement package (274km2) surrounding the Malcolm Mining Centre in the Central Eastern Goldfields, 10-25km east of Leonora. The holding is strategically positioned with excellent logistical access and surrounded by several world class gold producers and operating treatment facilities.
The quality landholding has never before been amalgamated by one company into one large Project Area. Opportunities exist to build on the substantial exploration data and geological knowledge assembled to date.
The Project area is within the Kurnalpi Terrane of the Mt Margaret Mineral Field in the Malcolm District of Western Australia. The surrounding Leonora and Laverton Districts have a long and rich gold mining history and are regarded as a well-endowed tier one mineral province.
The Malcolm district produced 47,200 oz Au (62,485t @ 23.5 g/t Au) (Kelly 1954 Cancelled GML’s that have produced gold) around the turn of last century from countless old workings at grades >20g/t Au.M2M believe the Malcolm Greenstone Belt is highly prospective for gold mineralisation.
Past and recent production, countless workings with untested strike extensions, positive drill assay results, similar structure and rock types of a suitable age together with nugget finds and somewhat superficial past exploration activities indicate and confirm positive gold vectors.