Mt Malcolm Mines
Financials:
Primary ticker: ASX:M2M
Stage of development: Exploration
Primary minerals: Precious & Base Metals
Project location: 20kms East of Leonora
Website: mtmalcolm.com.au
Corporate presentation: Click here
Mt Malcolm Mines NL (M2M) is an exploration company listed on the Australian Securities Exchange (ASX). M2M have assembled a comprehensive prospective tenement package (274km2) surrounding the Malcolm Mining Centre in the Central Eastern Goldfields, 10-25km east of Leonora.
The holding is strategically positioned over the Keith Kilkenny liniment being a Craton scale sheer structure of significance with excellent logistical access and surrounded by several world class gold producers and operating treatment facilities.
Cash: AUD $3.6M
Debt: NIL
Major shareholders:
TREVOR DIXON-21.53%
REDLAND PLAINS-6.28%
ORBIT DRILLING-3.81%
PIONEER DEVELOPMENT-2.95%
RIMOYNE-2.89%
Management Ownership- 24.48%
Management Profile
Managing Director Trevor Dixon is an entrepreneur with 30+ years’ experience in the West Australian mining and exploration sector. With management proficiency in contractual outcomes, Mining Act regulatory procedures and standards, Tenement Management and a long history of Native Title negotiations and resolutions, Trevor’s governance and expertise, catalyses action within the company.
Exploration Manager Tony Roache holds a PhD in structural and ore deposit geology and has spent the last 20 years assessing and applying new theories and techniques to brownfields gold exploration. Tony brings a wealth of geological knowledge, experience, and passion to the job; his innovative leadership is the driving force behind the geology team.
What is your rationale for taking part 121 Mining Investment?
Mt Malcolm is looking to broader its shareholder base and speak with interested parties willing to support the company through the early stage of discovery and delineation of our precious metals resource base along with understanding the type of new investments the market participants see as attractive to a business of Mt Malcoms standing.
What recent news would you like to highlight to investors attending?
9 August 22 – Calypso Diamond Drill Exploration Update
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Complete DD at Calypso to define discovery, Complete RC at Dumbarton to define resources, Complete release comprehensive review of Emu Egg prospect
6 Months:
Carry out definition drilling at Calypso, Release MRE for Dumbarton, Commence Phase 2 Drilling at Emu Egg, Release comprehensive review of Sunday Picnic Shear
12 Months:
Define MRE at Calypso, carry out resource definition drilling at Emu Egg, Release comprehensive review of Malcolm Dam prospect
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Government Policies
What do you think makes your company such a compelling investment?
On the cusp of discovery, Ability to build a significant resource base, Local M & A activity is strong
What are the top 3 key investor takeaways?
On the cusp of discovery, Ability to build a significant resource base, Local Mergers & Acquisition activity is strong