Mt Malcolm Mines (ASX:M2M) is gearing up for a fresh push at the Calypso Gold Project in Western Australia, with reverse circulation (RC) and diamond drilling set to test one of the company’s key Leonora gold targets.
Managing Director Trevor Dixon breaks down what comes next:
- Calypso: Mineralisation is defined to around 350m below surface and remains open down-plunge
- Drilling: A new RC and diamond campaign is preparing to get underway
- Funding: iDrilling will take 50% of eligible drilling costs in M2M shares
- Processing: Mt Malcolm is also working through future milling options
- Leonora: The company remains focused on a tier-one Western Australian gold district
Calypso has Trevor talking ‘monster in the making’. Now the drill bit gets to test the theory.
About the guest and company
Trevor Dixon is the managing director of Mt Malcolm Mines and has more than 30 years of experience across mining and exploration in Western Australia. Mt Malcolm Mines is an ASX-listed gold explorer with a large tenement position around the Malcolm mining district near Leonora, Western Australia. Its portfolio includes Calypso, Golden Crown, Dumbarton, Sunday Picnic, Emu Egg and Mt Stewart.
🎥 Watch the full interview to see why Calypso is moving up the priority list.
