Mt Malcolm Mines (ASX:M2M) is set to begin a 3,000-metre reverse circulation drilling program at its Golden Crown and Dumbarton gold prospects at its Mt Malcolm project in Western Australia, according to a Thursday filing with the Australian bourse.
The drilling campaign, set to begin imminently, aims to target high-grade gold mineralization at the two sites, the filing said.
The program is expected to run for up to eight weeks, with assay results anticipated in about five weeks following sample submission, the filing added.
Shares of the company rose 4% on market close.