New Risk • May 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (101% increase in shares outstanding). Revenue is less than US$1m (AU$1.1m revenue, or US$764k). Market cap is less than US$10m (AU$3.10m market cap, or US$2.24m). Tillkännagivande • Apr 28
Mt Malcolm Mines NL has filed a Follow-on Equity Offering in the amount of AUD 2.065681 million. Mt Malcolm Mines NL has filed a Follow-on Equity Offering in the amount of AUD 2.065681 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 206,568,066
Price\Range: AUD 0.01
Transaction Features: Rights Offering Reported Earnings • Mar 19
First half 2026 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in 1H 2025) First half 2026 results: AU$0.002 loss per share (further deteriorated from AU$0.001 loss in 1H 2025). Net loss: AU$800.0k (loss widened 312% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. New Risk • Mar 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.8m free cash flow). Shareholders have been substantially diluted in the past year (128% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$722k). Market cap is less than US$10m (AU$6.20m market cap, or US$4.38m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Dec 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). High level of non-cash earnings (21% accrual ratio). Shareholders have been substantially diluted in the past year (129% increase in shares outstanding). Market cap is less than US$10m (AU$6.19m market cap, or US$4.14m). Minor Risk Revenue is less than US$5m (AU$1.5m revenue, or US$1.0m). Tillkännagivande • Nov 26
Mt Malcolm Mines NL has completed a Follow-on Equity Offering in the amount of AUD 0.75 million. Mt Malcolm Mines NL has completed a Follow-on Equity Offering in the amount of AUD 0.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Nov 25
Mt Malcolm Mines NL has completed a Follow-on Equity Offering in the amount of AUD 3.080101 million. Mt Malcolm Mines NL has completed a Follow-on Equity Offering in the amount of AUD 3.080101 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,666,667
Price\Range: AUD 0.015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 88,673,400
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Oct 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (21% accrual ratio). Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (AU$1.5m revenue, or US$994k). Market cap is less than US$10m (AU$4.97m market cap, or US$3.28m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Tillkännagivande • Oct 27
Mt Malcolm Mines NL has filed a Follow-on Equity Offering in the amount of AUD 2.330101 million. Mt Malcolm Mines NL has filed a Follow-on Equity Offering in the amount of AUD 2.330101 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 155,340,055
Price\Range: AUD 0.015
Transaction Features: Rights Offering Tillkännagivande • Oct 23
Mt Malcolm Mines NL, Annual General Meeting, Nov 20, 2025 Mt Malcolm Mines NL, Annual General Meeting, Nov 20, 2025. Location: at nexia perth, located at level 4, 88 william street, perth,western australia Australia New Risk • May 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m (AU$463k revenue, or US$298k). Market cap is less than US$10m (AU$7.47m market cap, or US$4.81m). Tillkännagivande • Apr 24
Mt Malcolm Mines NL has completed a Follow-on Equity Offering in the amount of AUD 0.7 million. Mt Malcolm Mines NL has completed a Follow-on Equity Offering in the amount of AUD 0.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,434,783
Price\Range: AUD 0.023
Discount Per Security: AUD 0.00138
Transaction Features: Subsequent Direct Listing New Risk • Mar 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.4m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m (AU$499k revenue, or US$315k). Market cap is less than US$10m (AU$4.95m market cap, or US$3.13m). Minor Risk Shareholders have been diluted in the past year (29% increase in shares outstanding). New Risk • Feb 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (92% increase in shares outstanding). Revenue is less than US$1m (AU$14k revenue, or US$8.9k). Market cap is less than US$10m (AU$3.82m market cap, or US$2.40m). Tillkännagivande • Oct 22
Mt Malcolm Mines NL, Annual General Meeting, Nov 21, 2024 Mt Malcolm Mines NL, Annual General Meeting, Nov 21, 2024. Location: at nexia perth, located at level 4, 88 william street, western australia, perth Australia Tillkännagivande • Jul 11
Mt Malcolm Mines NL has completed a Follow-on Equity Offering in the amount of AUD 0.76 million. Mt Malcolm Mines NL has completed a Follow-on Equity Offering in the amount of AUD 0.76 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,250,000
Price\Range: AUD 0.02
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,750,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012 New Risk • May 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$3.15m market cap, or US$2.10m). Tillkännagivande • May 01
Mt Malcolm Mines NL has filed a Follow-on Equity Offering in the amount of AUD 1 million. Mt Malcolm Mines NL has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.02 New Risk • Mar 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.37m market cap, or US$2.89m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). New Risk • Mar 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 72% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$3.49m market cap, or US$2.27m). Tillkännagivande • Dec 01
Mt Malcolm Mines NL has filed a Follow-on Equity Offering in the amount of AUD 1.1 million. Mt Malcolm Mines NL has filed a Follow-on Equity Offering in the amount of AUD 1.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,000,000
Price\Range: AUD 0.025
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,000,000
Price\Range: AUD 0.025
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 26
Mt Malcolm Mines NL, Annual General Meeting, Nov 28, 2023 Mt Malcolm Mines NL, Annual General Meeting, Nov 28, 2023, at 14:00 W. Australia Standard Time. Location: RSM Partners Australia, Level 32 Exchange Tower 2 The Esplanade, Perth, Western Australia Perth Australia Agenda: To consider and approve the financial report of the Company together with the reports of the directors and the auditor for the financial year ended 30 June 2023; to consider and approve the Adoption of the Remuneration Report; and to consider other matters. New Risk • Aug 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.0m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.46m market cap, or US$1.61m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • Jul 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.0m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.87m market cap, or US$1.92m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Board Change • Jun 30
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Independent & Technical Non-Executive Director Daniel Tuffin is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 09
Mt Malcolm Mines NL Provides Exploration Update on Latest Round of Assay Results Mt Malcolm Mines NL provided an exploration update on the latest round of assay results received from diamond drill holes 22CALDD0005, 0009, 0010 and 0012, including significant insights from the next round of geological modeling. These results, in conjunction with those within the have confirmed interpretation of multiple north-dipping lodes within a southwesterly-plunging porphyry corridor between the T2 and T3 geophysical targets. This new discovery zone and geometry of mineralisation at T3 represent the Constance Lodes that contrast from the historically-defined mineralization at shallower levels coinciding with T2. Holes 22CALDD0011 and 22CALDD0012 were key to defining repetition in the Constance Lodes as they were drilled sub-parallel to the porphyry mineralised envelope that provided maximum opportunity for lode intersection and also providing an insight into understanding the change in lode geometry between T2 and T3. In consideration of these latest holes, the updated geological model now demonstrates a close spatial relationship between a near-orthogonal change in bedding orientation, the porphyry corridor and a diagnostic sequence comprising polymictic conglomerates, tuffs and other volcaniclastic units. As introduced in a previous announcement, this juxtaposition of geological features most likely represents a deep-seated tectonic suture zone that has focused deposition of volcanic detritus and both magmatic and hydrothermal fluids over a long and protracted period of activation. In terms of the differences in lode geometry between the two zones, mineralisationover T2 is hosted by shear zones focused along contacts between volcaniclastic and magnetic siltstone/sandstone units that dip shallowly to the south. This lode orientation differs from historically defined shallowly west-dipping lodes and as a result opens-up new targeting opportunities near surface; particularly towards the poorly-tested north of the prospect where mineralisation is expected to daylight, albeit under shallow sand cover. Conversely, the deeper Constance Lodes are hosted within shear zones that dip moderately to the north within steeply dipping sediments. In drilling the latest diamond program it was discovered the shear zone dips steeper than previously modeled and in conjunction with the new interpretation of a plunging porphyry-magnetite zone rather than a planar NE-trending corridor resulted in a couple of holes particularly 22CALDD0010 falling outside of the mineralisation envelope. Within the Constance Lodes, mineralisation is concentrated along porphyry-magnetic sediment contacts rather than influenced by volcaniclastic distribution as in the shallower, historic mineralisation. Future targeting of a polymictic conglomerate intercepting the porphyry/tectonic corridor at depth as noted within 22CALDD0005, indicates the potential for not only additional mineralisation sites on lithological contacts but a substantially-larger prize within its brecciated interior as diagnostic of the multi-million ounce Wallaby deposit. This second phase of diamond drilling at the Calypso Constance Lodes was completed in mid-December 2022 for a total project advance to date of eleven (11) HQ diamond holes for 3,636 metres of HQ core. This second phase of diamond drilling at the Calypso Constance Lodes was completed in mid-December 2022 for a total project advance to date of eleven (11) HQ diamond holes for 3,636 metres of HQ core. The larger of four (4) identified apophysate stocks (T1-T4) that extend upward from an extremely large gravity and coincident strongly magnetic anomaly at depth has been selected as the target zones, the exploration focus is on T3, the larger of the four. The high gravity response forms the shape of a palm of an upward facing hand with the apophysate stocks (finger target zones) extending vertically upward. The "fingers" are positioned above the deeper large and extremely high-density gravity response. Tillkännagivande • Jan 17
Mt Malcolm Mines NL Provides an Exploration Update Mt Malcolm Mines NL provided an exploration update following recently received assay results from selected lower portions of Diamond Drill holes 22CALDD0011 and wedge hole 22CALDD0011W1 at the flagship Calypso (P37/8792) Prospect. To date eleven (11) HQ diamond drill holes for an advance of 3,636m have been drilled at Calypso. Ten (10) holes targeted the (T3) litho-structural target area, the mineralized discovery zone at T3 is the largest of four identified apophysate stocks (T1-T4) that extend towards the surface originating from an extremely large gravity and coincident strongly magnetic anomaly at depth. Geological interpretation suggests that the extension of the defined porphyry altered corridor, at T3, is continuous and intersects T2 further along strike. The magnetite altered porphyry zone remains the principal target corridor. The significant anomalous results from the drill program complement the geological model and confirm geophysical target generation. The identified multi-level panels of mineralisation are shear hosted within a distinctive porphyry altered corridor that extends from T3 to T2. Continuity within several shear zones has been identified on multiple levels. The lithologies at Calypso include a strongly deformed sedimentary sequence of magnetic siltstones, interbedded sandstone, conglomerates, shale and BIF that have been intruded by cross cutting quartz stockworks ± calcite and sulphide bearing felsic porphyries. Sulphide assemblages can be massive to semi-massive, they include pyrrhotite, pyrite and arsenopyrite with interspersed hydrothermal alteration zones. Magnetite has been replaced by intersecting schistosity and veining, resulting in sulfidation and intense sericite-silica alteration. The latest round of diamond drilling has successfully defined mineralisation continuity according to objectives and justified the change in drilling orientation to intersect the hosting shear zone perpendicular to its orientation, resulting in very close to true width mineralised intercepts. The potential size of the system at depth was demonstrated in the extension of 22CALDD0005 to over 600 metres that validated the predicted broadening of the prospective porphyry corridor. As a bonus, the deep hole intersected an altered volcaniclastic unit within the magmatic-hydrothermal corridor that had undergone tectonic brecciation and veining. In comparison with regional analogues the altered volcaniclastic unit is considered an optimal mineralisation host. The current round of geological modeling will utilise the consistent spacing between stacked mineralised lodes - evidenced in 22CALDD0011 - to predict further repetitions of mineralisation-controlling shear zones. This new knowledge will assist the definition of a shallow resource within the porphyry corridor linking T3 and T2, previously shown to host encouraging gold intercepts, but hampered through an inability to predict and define lode continuity. Drill intersections received to date are regarded as extremely encouraging, particularly the increase in grade of >10m-wide intercepts and the consistent spacing between mineralised shear zones within a stacked lode system; shown in 22CALDD0011 to be repeated every 115m, i.e. 4.03m @ 2.23 g/t Au (111.91-115.94m) and 4.90m @ 3.63 g/t Au (225.40-231.12m) and 5.30m @ 3.22 g/t Au (343.00-348.30m). The latest assay and drill results have confirmed two styles of gold mineralisation at Calypso: Sulphide replacement of magnetic sediments associated with multi-phase intrusive; mineralised felsic porphyries, and Mineralised quartz-carbonate-sulphide veining. Diamond core processing continues and outstanding assay results are expected this quarter. Further announcements will be released as assays are received. There is evidence of widening porphyry intervals at depth and polymictic brecciated and veined conglomerates display similar carbonate-sulphate assemblages to the Gold Fields Ltd. (7.4Moz Resource) Wallaby deposit host alteration. Wallaby displays porphyry dykes as a fundamental control and sub-horizontal structurally controlled gold lodes that are largely within the magnetite rich pipe associated with shallow dipping shear zones within a magmatic-hydrothermal alteration halo (Salier 2004). At Calypso increasing porphyry concentrations highlight mineralisation potential and secondary magnetite alteration as a selvage to carbonate veins. Altered magnetite phenocrysts within felsic porphyries indicate a magmatic-hydrothermal origin supported by a spatial association between the highest magnetite susceptibility and the felsic porphyry distribution. At Wallaby gold mineralisation is highest within the conglomerate where it is adjacent to the margin of the actinolite-magnetite alteration halo, or proximal to the intrusive syenite porphyry complex. Mineralisation is found within the intrusive complex however it is generally of a substantially lower tenor compared to the conglomerate (Tully 2017). At Wallaby two main phases of gold mineralisation have been recognised (Tully 2017). A low grade stage associated with an early oxidised Fe mineral phase of heamatite-albite-dolomite-sericite-pyrite alteration, and A subsequent high grade stage associated with a reduced hydrothermal fluid that produced an alteration assemblage of dolomite-albite-sericite-quartz-pyrite±fuchsite with visible gold. Tillkännagivande • Dec 30
Mt Malcolm Mines Nl Provides Exploration Update Following Completion of the Latest Phase of Diamond Drilling At the Calypso Prospect Mt Malcolm Mines NL provided an exploration update following completion of the latest phase of diamond drilling at the Calypso Prospect (P37/8792) for an advance of 1,899.6 metres of core. Recovered diamond HQ core is currently being geologically logged and sampled. Updates and assay results will be announced to the market as they come to hand. Following on from the initial successful diamond drill program at Calypso and a high- level evaluation by the exploration team including the geological 3D modeling of the geophysical and gold assay data which incorporated all historical prospect data, a follow up diamond program was designed to test the broad gold mineralisation returned in 22CALDD003 and 22CALDD 004. The program included extending existing hole 22CALDD005 by 233.2m targeting the depth potential of the system, and the NE plunging mineralised corridors and four (4) additional deep diamond holes 22CALDD009 to 22CALDD 012 to test the plunge extent of the main mineralised horizon along strike and to the NE, beneath discovery holes 22CALDD003 and 22CALDD 004. The drilling orientation was changed to -60° towards the south targeting multiple mineralised horizons within the magnetite alteration corridor. The distribution of the felsic porphyries is confined to the NE trending magnetic zone which has now been geologically validated as a NE-trending zone with several generations of felsic porphyries comprising primary magnetite within intrusions and secondary, vein-hosted magnetite within adjacent sediments. All five (5) holes in this latest diamond drill program are increasingly suggesting a SW plunge of porphyries within this zone. Company geologists have identified a spatial link between anomalous porphyry occurrences and gold mineralisation returned from 22CALDD003 and 22CALDD004. During this round of diamond drilling the magnetite altered porphyry zone was the primary target corridor. The two principal objectives of the drill program were met with good success. Initial deep drilling extending 22CALDD005 confirmed widening of the porphyry system with the broadest intervals intersected in over forty years of exploration at Calypso. In conjunction with this was extensive hydrothermal brecciation and veining within adjacent polymictic conglomerate that represents considerable potential as a host for gold mineralisation. This potential was partly confirmed in similarly textured, mineralised felsic volcaniclastics within 22CALDD011W1; demonstrating an underappreciated upside to deposits dynamics. Tillkännagivande • Dec 22
Mt Malcolm Mines NL Provides an Exploration Update Following Completion of the Latest Phase of Diamond Drilling At the Flagship Calypso Prospect Mt Malcolm Mines NL provided an exploration update following completion of the latest phase of diamond drilling at the flagship Calypso Prospect (P37/8792) for an advance of 1,899.6 metres of core. Recovered diamond HQ core is currently being geologically logged and sampled.Updates and assay results will be announced to the market as they come to hand. Following on from the initial successful diamond drill program at Calypso and a high- level evaluation by the exploration team including the geological 3D modeling of the geophysical and gold assay data which incorporated all historical prospect data, a follow up diamond program was designed to test the broad gold mineralisation returned in 22CALDD003 and 22CALDD 004. The program included extending existing hole 22CALDD005 by 233.2m targeting the depth potential of the system, and the NE plunging mineralised corridors and four (4) additional deep diamond holes 22CALDD009 to 22CALDD 012 to test the plunge extent of the main mineralised horizon along strike and to the NE, beneath discovery holes 22CALDD003 and 22CALDD 004. The drilling orientation was changed to -60° towards the south targeting multiple mineralised horizons within the magnetite alteration corridor (Figure 3). The distribution of the felsic porphyries is confined to the NE trending magnetic zone which has now been geologically validated as a NE-trending zone with several generations of felsic porphyries comprising primary magnetite within intrusions and secondary, vein-hosted magnetite within adjacent sediments. All five (5) holes in this latest diamond drill program are increasingly suggesting a SW plunge of porphyries within this zone. Company geologists have identified a spatial link between anomalous porphyry occurrences and gold mineralisation returned from 22CALDD003 and 22CALDD004. During this round of diamond drilling the magnetite altered porphyry zone was the primary target corridor. The two principal objectives of the drill program were met with good success. Initial deep drilling extending 22CALDD005 confirmed widening of the porphyry system with the broadest intervals intersected in over forty years of exploration at Calypso. In conjunction with this was extensive hydrothermal brecciation and veining within adjacent polymictic conglomerate that represents considerable potential as a host for gold mineralisation. This potential was partly confirmed in similarly textured, mineralised felsic volcaniclastics within 22CALDD011W1; demonstrating an underappreciated upside to deposits dynamics. Secondly, continuity of mineralisation discovered within 22CALDD003 and 22CALDD004 was confirmed in the final four holes 22CALDD009 to 22CALDD012 that extended the down-plunge and up-plunge extent of mineralisation by 50 metres in either direction. The re-orientation of these holes from previously east-dipping to south-dipping was successful in achieving near-orthogonal intersection of the mineralisation-bounding shear zone and delivering very close to a true mineralised width of approximately 45 metres. The significance and extent of additional mineralised intercepts outside of the known and confirmed shoot are subject to follow-up geological modelling. The recently completed Calypso diamond drill program, that commenced 29th October, includes the completion of the following tabulated drill holes. Hole 22CALDD011W1 is a wedge diamond hole collared at the bottom of 22CALDD011 following the down hole loss of a portion of the drill string and Hole 22CALDD005 is the re-entered hole. Other holes are drilled from surface. Tillkännagivande • Nov 23
Mt Malcolm Mines NL Announces Completion of RC Drilling at Dumabarton Mt Malcolm Mines NL announced the RC drilling program (22DBRC0006 to 22DBRC0019) for an advance of 1,612m, that commenced in October 2022, is now complete. Peak significant intersections includethe following results: 22DBRC0008 4m @ 2.52 g/t Au (25-29m) including 1m @ 9.11 g/t Au (26-27m); 22DBRC0010 5m @ 1.18 g/t Au (0-5m) including 1m @ 2.39 g/t Au (3-4m); 22DBRC0011 6m @ 0.62 g/t Au (34-40m) including 1m @ 1.59 g/t Au (37-38m); and 2m @ 0.48 g/t Au (44-46m) and 1m @ 0.22 g/t Au (57-58m); 22DBRC0013 2m @ 1.08 g/t Au (47-49m); 22DBRC0016 6m @ 0.75 g/t Au (28-34m) including 1m @ 1.63 g/t Au (28-29m); and 4m @ 0.74 g/t Au (38-42m); including 1m @ 1.74 g/t Au (41-42m); and 22DBRC0019 8m @ 2.21g/t Au (28-36m) including 1m @ 10.60 g/t Au (31-32m). The Dumbarton workings consist of two historic workings approximately 320m apart. The area contains no rock outcrop. Production records from the gold boom of last century returned 210.58 oz from 388t (16.88 g/t Au). At Dumbarton Mt Malcolm Mines NL has identified significant gold mineralisation at depth (77-97m) as evident in 22DBRC0005. This mineralisation is associated with quartz veining and carbonate alteration in sheared and foliated basalt ± minor sulphides on or near intrusive dolerite contacts. Along the Dumbarton lode up to three parallel zones of shearing and quartz veining hosted by basalts returned numerous intersections in drilling campaigns conducted by Torian Resources RC drilling (2017). The exploration target model and the Dumbarton lode target area are comparable with the geology, structural orientation and mineralisation styles observed in old mines to the north at the nearby but excised Richmond Gem and North Star workings, 1-2km away. The underground mines were two of the districts richest and best high-grade gold producers yielding a total gold production of 39,611 ounces, the vast majority of which was processed prior to 1915 (Kelly 1954). The mineralised Dumbarton vein hosted lode system has not been systematically drill tested over its known strike length nor at depth. Potential Dumbarton lode extensions beyond the identified 400m long mineralised halo remain a semi-tested target zone. Due to the historical and recent positive gold results it's the companies intent to confirm and extend known gold intersections with RC drilling. Mineralisation continuity along with understanding the geometry and extent of the lode zone is the drill program's objective. The Dumbarton area has historically returned positive drill results and is regarded as prospective for gold along strike and at depth. Drilling confirms the geological model and shear/quartz hosted gold mineralisation. The historic peak RC drill intersection returned to Nova Resources (1986) near the main shaft was: 4m @ 7.44 g/t Au (35-39m) including 1m @ 18.30 g/t Au (36-37m). The DRC hole series drilled by Torian (2017 - 2018) and Polaris Pacific (1988) following up Nova's original discovery hole, have focused on RC drilling along the Dumbarton lode,the earlier RC holes are angled and shallow, averaging 44m. Bed rock intersections and deeper holes are limited to the later Torian and M2M RC drilling. The depth potential remains untested. Additionally, Dumbarton information is detailed in section 6.3 of the Independent Geologists Report in the "Mt Malcolm Mines NL ACN 646 466 435 Prospectus" dated 2nd August 2021. Other historical drill data has been previously released by the company or the relevant exploration company at the appropriate time during their exploration phase. The Company is not aware of any new information or data that materially affects the information presented in the Prospectus nor this or any previous Dumbarton documents. Tillkännagivande • Nov 12
Mt Malcolm Mines NL Recommences Diamond Drilling At Calypso Mt Malcolm Mines NL provided an exploration update following recommencement of diamond drilling at its Calypso Prospect (P37/8792). Following on from the successful inaugural diamond drill program at Calypso and a comprehensive geological review and 3D modeling, a follow up program has been designed to test the broad gold mineralisation returned from 22CALDD003 and 22CALDD004. The five-hole drill program is designed to test mineralised magnetite- altered porphyry zones that demonstrate increasing widths at depth. There is a confirmed spatial link between anomalous porphyry occurrences and mineralisation returned from 22CALDD003 and 22CALDD004. A HQ diamond drill program for a total of 1,730m is planned. Drilling commenced 29th October and will continue through the quarter. The first hole, re-entry and extension of 22CALDD005 for 233.2m is complete. The second hole 22CALDD011 has commenced coring and three more deep diamond holes are planned for a total advance of 1,500m. The large volume of relatively high magnetic susceptibility and spatially coincident dense gravity anomaly targeted in the first round of drilling has now been geologically validated as a NE-trending zone of felsic porphyries comprising primary magnetite within intrusions and secondary, vein-hosted magnetite within adjacent sediments. The magmatic-hydrothermal alteration zone represents the primary targeting corridor. Tillkännagivande • Oct 21
Mt Malcolm Mines NL, Annual General Meeting, Nov 21, 2022 Mt Malcolm Mines NL, Annual General Meeting, Nov 21, 2022, at 10:00 W. Australia Standard Time. Location: RSM Partners Australia Level 32 Exchange Tower, 2 The Esplanade Perth Western Australia Australia Agenda: To consider adoption of the Remuneration Report; to consider re-election of Mr. Daniel Tuffin as a Director; to consider approval to Grant Performance Rights to Mr. Trevor Dixon; and to consider approval of Placement Facility. Tillkännagivande • Oct 15
Mt Malcolm Mines NL Announces Dumbarton Drilling Recommences Mt Malcolm Mines NL announced the RC drilling program that commenced in April 2022 will continue. Only a portion of the planned program at the eastern end of the Target Zone was completed during phase 1. Gold anomalism was intersected in the first five holes however the peak 22DBRC0005 result is "at a different structural orientation and a related but different mineralisation style to the historical 070° trending Dumbarton quartz vein basalt hosted lode system". The RC hole intersection occupies a different spatial position, located approximately 150m SE of the northern projected Dumbarton line of lode. Previously reported M2M results included: 22DBRC004: 6m @ 2.86 g/t Au (36-42m) Including 2m @ 6.50 g/t Au (36-38m). 22DBRC005: 20m @ 1.34 g/t Au (77-97m) Including 7m @ 2.22 g/t Au (77-84m) with 1m @ 3.58 g/t Au (78-79m). The Dumbarton workings are small, producing 210.58 oz from 388t (16.88g/t Au) at the turn of last century (1899-1903). At Dumbarton significant gold mineralisation identified by M2M occurs at depth (77-97m) as evident in 22DBRC0005. This mineralisation is associated with quartz veining and carbonate alteration in sheared and foliated basalt ± minor sulphides on or near intrusive dolerite contacts. The mineralisation is separate to and not associated with the historical line of lode style. Along the Dumbarton lode up to three parallel zones of shearing and quartz veining hosted by basalts returned narrow intersections in recent Torian Resources RC drilling (2017). The remaining 15 RC hole phase 2 program for an advance of at least 1,500m is scheduled to commence immediately. Drilling is targeting three areas. The drill hole patten is spaced on 40m centers around the Dumbarton main shaft zone following the lode trend, the area surrounding 22DBRC005 and on a (50m x 50m) grid at the southern zone, evaluating the southern extension potential, beyond the shallow historical RC drilling conducted by Nova-Polaris Pacific (1988) who intersected near surface gold mineralisation: DRC14: 4m @ 4.74 g/t Au (5-9m) Including 2m @ 8.67 g/t Au (5-7m) & 1m @ 1.1 g/t Au (13-14m). DRC015: 1m @ 1.61 g/t Au (17-18m) & 2m @ 0.53 g/t Au (25-27m) Mt Malcolm Mines NL plan to follow up these intercepts and RC drill test the potential southern strike extensions of the line of lode beyond and around the historical DRC14 and DRC015 results in an area that remains untested and not drilled. The mineralised Dumbarton vein hosted lode system has not been systematically drill tested over its known strike length nor at depth. Potential northern and southern Dumbarton lode extensions beyond the 400m long mineralised halo remain an untested target zone. Tillkännagivande • Oct 13
Mt Malcolm Mines NL Provides Emu Egg Prospect Area Update Mt Malcolm Mines NL to provide a comprehensive review of historical exploration at the Emu Egg Prospect Area. The Prospect includes 22 PL’s covering a contiguous area of 3,543 ha. Structurally controlled gold mineralisation is associated with significant quartz-carbonate±sericite alteration within sulphide bearing quartz veins that are emplaced along or close to sheared contact zones between tuffaceous volcanic units, Archean metasediments, mafic rocks and/or thin ultramafic horizons. Numerous (+2 g/t Au) drill intercepts are documented in the database together with several old workings and numerous dry blowing occurrences. The Prospect is primarily viewed as being prospective for gold and base metals, its regarded as mature but underexplored. Drill target areas at Emu Egg and the nearby Emu Egg Main Zone Prospects are currently being finalised. Historical databases (DB) including grid transformations and sampling/logging methodologies require some validation prior to targeting and drill testing, however the vast majority of the not-yet-completed but compiled DB is useable. No serious errors have emerged and identified anomalous gold trends are accurate. Geological interpretations have been refined and database consolidation is ongoing. Several drill target areas that display anomalous gold-in-soil and positive historical drill results have been identified. Database construction and sourcing original geological data is progressing well. Consolidation of historical geological information and historical data is advancing satisfactorily and almost complete. Emu Egg and Emu Egg Main Zone have been assessed and are drill test ready. Anomalous gold-in-soil values returned from geochemical soil sampling, has identified several large coherent (+20 ppb Au) anomalies and several areas that have not yet been drill tested or only subject to shallow RAB drilling. Numerous anomalous historical drill intersections remain open along strike and at depth. Follow up investigation of identified historical gold mineralisation is lacking and, in many cases, never conducted. Several areas, such as the Emu Egg Prospect Area, present as walk-up drill targets where limited historical RC drill results returned: 6m @ 3.74 g/t Au (16-22m) incl. 2m @ 9.99 g/t Au in bm_RC22 and 18m @ 1.28 g/t Au (26-44m) incl. 2m @ 3.30 g/t Au and 2m @ 2.63 g/t Au in bm_RC30. Original RAB and RC drilling of surficial small workings at the Emu Egg Prospect Area (1988) initially returned encouraging results, however quality control appears to have been poor and drilling was orientated down dip with no record of formal chip logging (A23857). Positive intersections over the same area (1991) by others (A33555) are presented - bm_RAB, bm_RC, BRRC, EERC and BMRB series at Emu Egg and EE and BRRB series at Emu Egg Main Zone. The strike extensions to Emu Egg and Emu Egg Main Zone have not been adequately drill tested. The holding is within 2km of the regional sub-parallel Keith Kilkenny Tectonic Zone (KKTZ). This generatively deformed mega-structure provides a favourable stratigraphic and structural setting for gold mineralisation where higher assay values appear spatially related to higher positive more prominent magnetic signatures and pronounced deformation zones within lithological contacts related sheared basalt, gabbro and mafic schist sequences. A regional RAB drilling program, BRRB series, in and around Emu Egg was conducted in (2000-2001). The initial exploration was followed up with drilling at Emu Egg Main Zone (2004) (A57093). The RAB program returned peak composite drill intersections of: 4m @ 1.89 g/t Au (30-34m) in EE12 and 6m @ 0.90 g/t Au (18-24m) in EE59. Gold mineralisation and structural extensions at Emu Egg and Emu Egg Main Zone remain open and are prospective along both the NW and SE strike directions and down dip. Historical drilling is regarded as shallow and incomplete. Follow up drilling confirming the mineralised halos and the magnetic high extensions is scheduled to commence in the near future. Potential mineralisation has been delineated via +20ppb Au gold-insoil results, positive but limited RAB drilling and sub parallel high magnetic signatures. The extension zones require testing with deeper RC and air core drilling to close down the possibility of down plunge repetition of the boudin like lodes and to delineate any mineralised strike extensions. The anomalous gold values are spatially related to aero magnetically prominent high readings associated with elongate sills of sheared gabbro/dolerite. The Emu Egg Prospect Area presents as a priority 2 gold target and Emu Egg Main Zone as a priority 1 target area. The northern and southern strike projections of both mineralised halos complement the magnetic high at Emu Egg Main Zone and the magnetic high-low boundary at Emu Egg. Strike extentions of both present as target zones. Elsewhere numerous historical drill intersections and anomalous zones within the Emu Egg Prospect Area have not been followed up. Some wide spaced drill testing of the northern tenement group soil anomalies has been conducted with poor results; however apart from the five RCPW holes drilling is shallow. Previous exploration has identified weakly anomalous zones of +20ppb Au gold-insoil results (A47815) in the northern tenement group with follow up widely spaced but shallow RAB and 5 RC holes (A50520). The RC drilling is regarded largely ineffective. The two scissor RC holes ending in gold mineralisation have not been followed up (A50783) however a sediment/porphyry has been identified. Significant but low tenor RC drill intersections evaluating the central +30ppb Au soil zone terminated in mineralisation. Sericite pyrite mineralisation and silica alteration with quartz veining was detected in the bottom of both holes. Results included: RCPW001 3m @ 2.12 g/t Au (134-137m) EOH and RCPW005 1m @ 0.96 g/t Au (33-34m) and 1m @ 1.43 g/t Au (119-120m) EOH. In the southern group of tenements, although soil sampled, only small isolated anomalous spot samples were returned. The historical surface sampling methodology over the Pig Well Graben sequence within the Emu Egg Prospect Area is regarded as inefficient. A veneer of recent alluvial and colluvial sediments masks the true bedrock response. The southern 7 tenements have been drill tested on only 11 drill lines (40 holes). In the central areas, 3 central tenements have no soil geochemistry, nor any drilling conducted. The southern portion of the prospect is under explored. Tillkännagivande • Jul 29
Mt Malcolm Mines NL Provides Calypso Exploration Update Mt Malcolm Mines NL provided an exploration update following recently received assay results from approximately half of the currently planned diamond drill program underway at Calypso (P37/8792). The drilling program is designed to follow up the previously defined gravity/magnetic anomalies and test depth extensions of defined mineralisation. Highlights: Calypso (P37/8792) Diamond Drilling has returned the following significant gold intersections over several wide mineralised envelopes: 22CALDD004 - 26m @1.97 g/t Au (261.55-287.55m) - Including 9.96m @ 2.97 g/t Au (263.90-273.57m) which included 1.12m @ 5.39 g/t Au (269.77-270.89m) and 1.06m @ 7.33 g/t Au (271.94-273.00m). The wide intersection also included 8.96m @ 2.06 g/t Au (278.59-287.55m) which included 0.74m @ 4.92 g/t (284.66-285.72m) and 1.52m @ 3.86 g/t Au (284.66-286.18m). This was followed by a 5.89m depleted zone and then by a second 3.51m @ 3.96 g/t Au (293.44-296.95m) including 0.8m @ 4.88 g/t Au (293.44-294.24m) zone of mineralisation. 22CALDD003 - 10.27m @ 1.53 g/t Au (246.38-254.98m) - Including 3.42m @ 2.66 g/t Au (248.51-252.03m). The Diamond drilling (HQ3) program is on-going and diamond core is still being processed however complete assay results for 22CALDD001-002 and selected sections of 22CALDD003-004 have been received. The lithologies at Calypso include a strongly deformed sedimentary sequence of magnetic siltstones, interbedded sandstone, shale and BIF that has been intruded by cross cutting quartz stockworks±calcite and sulphide bearing felsic porphyry. Sulphide assemblages can be massive to semi-massive, they include pyrrhotite, pyrite and arsenopyrite with interspersed hydrothermal alteration zones. Magnetite has been replaced by intersecting schistosity and veining, resulting in sulfidation and intense sericite-silica alteration. Following geological observations and the range of sulphide phases and mineralisation styles in 22CALDD004 the previous hole 22CALDD003, which has only been assayed over 22.38m (246.38-268.76m), was re-entered and extended an additional 100m. The remaining 95m of continuously and intermittently mineralised core below the reported mineralized interval is currently being cut and sampled. Core observations in 22CALDD003 confirm similar mineralisation styles and intensity to 22CALDD004 over at least 50m. Within 22CALDD004 a zone of intense structural deformation, at a depth ofapproximately 250 to 300m, displays intense patches of silica ± carbonate alteration and local brecciation. Multiple zones of disseminated to semi-massive aggregates of pyrite and lesser pyrrhotite are interspersed with cross cutting quartz veins andstockworks, including zones where altered and veined intrusive porphyry has assimilatedand dismembered the sedimentary sequence. Proposed holes 22CALDD006 and 22CALDD007, intended to test the heart of thegravity anomaly at depth have been placed on hold with 22CALDD008, collaredapproximately 50m south of 22CALDD003 and 22CALDD004 currently being drilled totest the up plunge sheared limb extensions of mineralisation detected and observed in22CALDD003 and 22CALDD004. 22CALDD008 is currently being drilled to a target depth of 230m. The remainingdiamond holes are now being geologically logged, processed and sampled. Numerousassays remain outstanding, and results will be reported as and when they come to hand.The diamond program will continue through-out the September quarter. Tillkännagivande • May 18
Mt Malcolm Mines NL Announces First Five of A Fifteen-Hole RC Drill Program Is Now Complete and Assay Results Received Mt Malcolm Mines NL announced that the first five of a fifteen-hole RC drill program is now complete and assay results received. The 512m advance represents the first phase of a 1,500m RC drill program. The drill program is designed to evaluate mineralised lode extensions and to validate historical drill intersections over the 500m strike of the Dumbarton line of lode. Initial holes were drilled east of the lode testing potential further strike extensions and to follow up anomalous RAB drilling conducted by North Ltd. (1995) which returned a peak result and the best intersection in the RAB program of: (A49966). 12m @ 1.05g/t Au (48-60m) in MSR305. West of the drilled area and at the eastern extent of the Dumbarton lode, within the remaining proposed 10 hole drill pattern, the same North RAB program returned: (M2M:ASX Drilling commences at Dumbarton 12/4/22). 4m @ 7.0 g/t Au (44-48m) and 12m @ 0.47 g/t Au (56-68m) in MSR282. The exploration target model and target area are analogous with the geology, structure and mineralisation styles at two nearby historical producers, Richmond Gem (8,987.5 oz @ 30.4g/t Au) and North Star (20,087 oz @ 21.7 g/t Au) located 1km and 2km further north and north-northwest respectively (Kelly 1954). The old underground mine lodes strike easterly to south easterly and dip steeply to the south or southwest. Mineralisation is basalt hosted within narrow quartz veining or stockworks surrounded by carbonated and minor sulphide wall rock alteration. (A79187). The system and structure are similar to Dumbarton. Tillkännagivande • Apr 27
Mt Malcolm Mines NL Provides an Exploration Update Following the Ground-Based Geophysics Gravity Field Survey and Final Receipt of Results for the Recently Completed RC Drilling At the Calypso Prospect (P37/8792) Mt Malcolm Mines NL provided an exploration update following the recently completed ground-based geophysics gravity field survey and final receipt of results for the recently completed RC drilling at the Company's Calypso Prospect (P37/8792). The gravity survey covered an area of 2.5km x 1.75km which resulted in defining several new high-density gravity targets for drill targeting. Since listing on the ASX on 10th September 2021, the Company has been systematically exploring the Mt Malcolm Project area, initially focusing on the Calypso Prospect. A ground-based high-resolution gravity survey over the Calypso Prospect was undertaken in October 2021. The Calypso gravity survey consisted of 2,255 observations on a 50m x 50m gravity station spacing covering an area of 2.5km x 1.75km, with some areas of interest infilled to 25m x 25m station spacing. The magnetic and gravity data was processed and interpreted, which included merging the interpretation with available wider spaced regional gravity data obtained from Geoscience Australia's Geophysical Archive Data Delivery System (GADDS). Data was sourced from within a 10km radial zone surrounding the tenement. The regional dataset is a composite of several surveys dating from 1971 to 2000 with an average station spacing of 1,500 metres. RC drilling commenced in December 2021, and samples submitted for analysis in early January of 2022. Of the ten RC holes drilled, only five reached their planned depth, with the other five holes terminating prematurely due to drilling difficulties. Due to prolonged assay turn-around, the last of the results have only just been received and validated. Results are consistent with nearby mineralisation intersected in previous drilling, even though half of the holes were prematurely terminated. Interpretation and results from the ground-based gravity survey completed in December 2021 have been evaluated and a program of deep diamond drilling to 500m has been planned to commence this month (April 2022). Key findings of the High-Resolution Gravity Survey are: The Simple Bouguer gravity, when using a terrain correction density of 2.67g/cm3, has only minor correlation with the terrain; The Bouguer gravity has a substantial range of almost 5mGal across the survey area; The Bouguer gravity data has had a first-order polynomial trend removed (1TR), as this trend is associated with deep-seated sources; The 1TR gravity data has been inverted to a density distribution covering the survey area and extending to 1,000m below the surface; Inverted density distribution corresponds well to the mapped surface geology and indicates the presence of a higher density body at depth with four smaller stocks extending upward towards the surface; Four prospective targets have been identified, targeting local positive density anomalies associated with the smaller stocks, with maximum densities situated 105m-180m below surface. Four litho-structural target areas have been interpreted from the gravity images. The four targets are associated with the smaller apophysate stocks that extend towards the surface. Additionally below the target stocks there is an extremely large, high gravity response forming the shape of a palm of a hand facing upwards with fingers extended vertically upwards towards the surface. Following a review of the historical drilling database and results from recent drilling, in some areas the gravity anomalies appear to have been insufficiently drilled or missed altogether. In some instances, fences of drilling pass nearby and either side of the anomalies. Reprocessing of historic close spaced aeromagnetic data multi-scale edge detection ("worming") has defined both deep-seated and shallow litho-boundaries associated with either faulting or changes in lithology. The deep-seated litho-boundaries suggest the presence of an interesting looking circular igneous intrusive plug. The magnetic anomalies from the historic data are extreme and appear to be associated with banded iron formation. The previously mentioned four gravity anomalies are also associated with strong magnetic anomalism. 10 Reverse Circulation (RC) drillholes were completed at the Calypso Prospect (P37/8792) for an advance of 1,280 metres. Drilling difficulties were encountered resulting in only 5 of the holes reaching their planned depth. The other 5 holes were terminated prematurely due to several reasons including adjacent drillhole collars blowing out and the rig being under capacity to handle the excess groundwater ingress. Due to laboratory turn-around delays, the Company has only recently received the final results for this drilling program. Results were consistent with surrounding mineralisation and although the drilling did not produce high grade intercepts it confirmed the continuity of the mineralisation in all directions. The Company is about to commence a diamond drilling program to investigate the high- density gravity targets identified by the recent ground gravity survey. A diamond core drilling program has been planned to simultaneously test the best existing gold mineralised intervals defined to date and the high gravity anomaly located in the centre of the Calypso Prospect. Initially, the program will target several historical drill hole intersections on section 6790000mN, by testing areas `down dip' and `in-between' significant mineralized intersections, and along the main trend. One drill hole is planned to target a shallow extension of the main gravity anomaly between Calypso North and Calypso Main that remains poorly tested. Another deep drill hole (ca 500m) is planned to intersect the heart of the gravity anomaly at depth. This deep drill hole will intersect the complete stratigraphy that is known to host the gold mineralisation in this area. Information from this drill hole will greatly assist in determining the geological architecture of the Calypso Prospect and has potential to intersect significant mineralisation in multiple mineralised structures. Tillkännagivande • Apr 13
Mt Malcolm Mines NL Announces RC Drilling Program Commences At the Dumbarton Prospect at the 100% Owned `Malcolm Project' Near Leonora Within the Mt Malcolm District of the Mt Margaret Mineral Field in Western Australia Mt Malcolm Mines NL announced that an RC drilling program has commenced at the Dumbarton Prospect at the 100% owned `Malcolm Project' near Leonora within the Mt Malcolm District of the Mt Margaret Mineral Field in Western Australia. The 1,500m Reverse Circulation (RC) drill program is designed to test for extensions to and the validity of historic drill intercepts in and around the old Dumbarton workings, and test up to 500m along strike, which has been inadequately drilled in the past. This program will enhance the company's understanding of the nature, styles and characteristics of gold mineralisation presently identified within the Dumbarton Prospect, as well as extending the known mineralisation along strike. The results from this program should provide the company confidence to commit to a more comprehensive drilling campaign to enable estimation of a mineral resource. A drilling Program of Work (PoW Reg ID 99901) has been approved by the Department of Mines, Industry Regulation and Safety (DMIRS) for the Dumbarton tenement P37/8825. The RC drill program (1,500m) was formulated by the technical team following an extensive review of the current database, as well as field inspections to validate historical drillhole locations and orientation by survey and geological mapping. Proposed drillhole collar locations have been surveyed in and a drilling contractor has been secured, with the program commencing this week. Fifteen (15) holes are planned of which five (5) will be drilled now, with the remainder of the holes, the western series, to be completed upon approval from the Pastoralist (Melita Station). At Dumbarton the mineralised veins strike 070° however they have not been systematically tested over the full strike length nor at depth. Historically the mine operated from 1899-1902, with 303.55 oz of gold being produced from 281 tonnes at 22.53 g/t . Prospecting License P37/8825, which includes the Dumbarton Mine and the current drill target area, is typified by transported surficial cover and therefore has not been the subject of surface geochemical sampling. Wide spread RAB bedrock geochemical sampling was conducted systematically in the area by North Ltd2 (1995) with varying results with a best intercept from drill hole MSR282 returning a peak value of 4m at 7.00g/t Au from 44m depth. Tillkännagivande • Jan 12
Mt Malcolm Mines NL Provides an Exploration Update Following Receipt of the Remaining Assays and Completion of an Inaugural RC Drilling Program At Golden Crown Mt Malcolm Mines NL provided an exploration update following receipt of the remaining assays and completion of an inaugural RC drilling program at Golden Crown (M37/475). Significant gold intercepts from the nine (9) RC holes for an advance of 860m are quoted. Assay results for the RC drill program include: 21GCRC001 1m @ 0.54 g/t Au (19-20m) and 2m @ 0.59 g/t Au (32-34m); 21GCRC001 3m @ 11.97 g/t Au (37-40m) including 1m @ 33.61 g/t Au (37-38m); 21GCRC003 2m @ 0.92 g/t Au (19-21m) and 7m @ 0.34 g/t Au (25-31m) and 1m @ 0.66 g/t Au (62-63m); 21GCRC004 1m @ 1.22 g/t Au (12-13m) and 1m @ 0.94 g/t Au (14-15m); 21GCRC005 1m @ 3.07 g/t Au (17-18m); 21GCRC006 1m @ 0.34 g/t Au (41-42m) and 1m @ 0.25 g/t Au (44-45m); 21GCRC007 8m @ 0.51 g/t Au (20-28m) including 2m @ 0.92 g/t Au (23-25m) and 1m @ 0.45 g/t Au (30-31m) and 1m @ 7.06 g/t Au (34-35m); 21GCRC008 1m @ 0.54 g/t Au (16-17m) and 2m @ 0.54 g/t Au (21-22m) within 5m @ 0.44 g/t Au (19-24m); 21GCRC008 4m @ 2.99 g/t Au (28-32m) including 1m @ 5.78 g/t Au (29-30m) within 10m @ 1.56 g/t Au (28-37m); 21GCRC009 1m @ 1.16 g/t Au (16-17m) and 2m @ 2.61 g/t Au (21-23m) within 4m @ 1.46 g/t Au (20-24m). Drillhole 21GCRC002 intersected an old stope over a downhole width of 2m, from (32-34m). The Golden Crown workings are regarded as a significant historical gold producer, which includes more than 1,720 ounces produced at the turn of last century include: Intersected lithologies comprise quartz veining, narrow chert horizons and minor sediments within a folded intensely sheared silicified sericitic felsic volcanic sequence. Minor pyritic-pyrrhotite sulphides were incountered numerous times over several meters with two isolated metre intervals returning peak values of 15-20% massive sulphides (21GCRC006 and 21GCRC008). Historically Chevron Exploration Corporation explored the Golden Crown area in the early 1980's following up a regional geophysical survey (WAMEX A9294 and A10208). The geophysical survey over the Golden Crown area was positive returning an anomalous IP halo. Follow up shallow drilling at the time (DH41-45) failed to explain the IP anomaly however the angled drill holes were shallow and ranged in depth from 63m-96m. The last hole on the section (Chevron drill hole DH45) intersected a sulphide rich horizon. Assays results from drillhole DH45 returned a maximum of 160ppm Cu and 234ppm Zn (54-56m) in felsic tuffs with minor pyritic mineralisation. The remainder of the hole averaged 6% pyritic sulphides (56-63m). The IP anomaly has not been drill tested at depth, nor has the anomalous IP response been adequately explained. Mt Malcolm plan to follow up intersected sulphidic zones from the recent nine (9) RC holes with multi-element geochemical analysis. Additionally future drilling will include standard base metal analysis in sulphidic zones to complement down hole gold analysis. The Company is planning a deeper follow up RC drilling targeting the strike and depth extensions of the veining system and anomalous gold intersections generated from the initial Golden Crown drill program together with an evaluation of the base metal potential. Tillkännagivande • Nov 29
Mt Malcolm Mines NL Announces High Resolution Gravity Targets Identified At Calypso Mt Malcolm Mines NL provided an exploration update following completion of RC drilling and a ground-based geophysics gravity field survey at the Company's Calypso Prospect. The survey covered an area of 2.5km x 1.75km. Haines Surveys Pty Ltd. were contracted to complete a ground-based high density gravity survey over the Calypso Prospect. The Calypso gravity survey consisted of 2,255 observations on a 50m x 50m gravity station spacing covering an area of 2.5km x 1.75km, with some areas of interest infilled to 25m x 25m station spacing. Consultant geophysicist Asbjorn Christensen of Nordic Geoscience was engaged to interpret the gravity data, including merging with regional gravity data, downloaded from Geoscience Australia's Geophysical Archive Data Delivery System (GADDS), within a 10km buffer surrounding the tenement. The regional data consists of several surveys from 1971 to 2000 with an average station spacing of 1,500 metres. The summary findings of the consultant geophysist's interpretations are summarised below: The Simple Bouguer gravity, when using a terrain correction density of 2.67g/cm3, has only minor correlation with the terrain. The Bouguer gravity has a substantial range of almost 5 mGal across the survey area. The Bouguer gravity data has had a first-order polynomial trend removed (1TR), as this trend is associated with deep-seated sources. The 1TR gravity data has been inverted to a density distribution covering the survey area and extending to 1,000m below the surface. Inverted density distribution corresponds well to the mapped surface geology and indicates the presence of a higher density body at depth with four smaller stocks extending towards the surface. Four prospective targets have been identified, targeting local positive density anomalies associated with the smaller stocks, with maximum densities situated 105m-180m below surface. Tillkännagivande • Sep 08
Mt Malcolm Mines NL has completed an IPO in the amount of AUD 8 million. Mt Malcolm Mines NL has completed an IPO in the amount of AUD 8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.01 