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Mt Malcolm Mines NL (ASX:M2M)

ALERT: Price-sensitive ASX Announcement for M2M
Current share price for M2M : $0.006 0 (0%)+
Announcement
Release
30 Jul 2026 8:37AM
Price at Release
$0.006
Full Release
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Summary
Mt Malcolm Mines NL, also known as M2M, has released its Quarterly Activities and Cashflow Report for the period ending 30th June 2026. During this quarter, the company focused on advancing exploration and development activities at the Malcolm Gold Project. Key activities included planning for a Reverse Circulation (RC) drilling program at the Golden Crown prospect, which aims to improve resource confidence and extend known mineralised zones. Additionally, M2M worked on the Calypso prospect, preparing for drilling to enhance the exploration target. The company also progressed regional exploration through soil sampling and pXRF analysis. Financially, M2M completed a capital raising to support ongoing exploration and processing plant studies, reporting a net cash inflow from financing activities. The cash flow statement shows detailed expenditures on exploration, staff costs, and administration.
Key Points
  • Preparation for RC drilling at Golden Crown.
  • Planning for Calypso prospect drilling.
  • Completion of regional soil sampling and pXRF analysis.
  • Capital raising to support exploration activities.
  • Focus on processing plant assessment.
  • Use of previous high-grade drilling data for planning.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.