Australia's Mt Malcolm rises as co resumes drilling at WA gold project

Mt Malcolm Mines NL

11/11/2022 04:41

** Shares of Mt Malcolm Mines Nl  M2M.AX  rise as much as
8.1% to A$0.093, their highest level since Aug 29 
    ** The gold miner says it has restarted drilling at its
Calypso prospect in Mt Malcolm gold project in Western Australia
 urn:newsml:reuters.com:*:nASX3fPdPt
    ** Says a programme has been designed by the co to test the
broad gold mineralisation returned from two drill holes in the
prospect 
    ** More than 108,410 shares trade hand, compared with 30-day
average trading volume of 60,110 shares 
    ** Co shares down 33.9% YTD, as of last close 
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))