Mt Malcolm Mines (ASX:M2M) found visible gold from a bulk sampling program conducted at the Golden Crown prospect, part of the Malcolm project in Western Australia, according to a Wednesday filing with the Australian bourse.
The mining firm is continuing excavation activities at targeted high-grade areas at Golden Crown, the filing said.
Shares jumped almost 9% at market close.
Price (AUD): $0.04, Change: $+0.003, Percent Change: +8.82%
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