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MALACHITE RESOURCES LIMITED - Corporate Spotlight

Malachite Resources Limited is a resources company, which is focused on gold, silver,... Malachite Resources Limited is a resources company, which is focused on gold, silver, copper and tin in eastern Australia. The Company is engaged in the development and exploration of mineral deposits. The Company operates through two segments: Lorena and Other Tenements. The Lorena segment is engaged in the development of the Company's main project, the Lorena Gold Project (Lorena) near Cloncurry in northwest Queensland. The Other Tenements segment is engaged in carrying out exploration and seeking further development of other tenements. Lorena is a gold deposit located approximately 15 kilometers east of Cloncurry in northwest Queensland. Lorena contains over 60,000 ounces of gold in resource at an average grade of approximately nine gram/ton (g/t) gold (Au). The Cornad project is located approximately 25 kilometers south of Inverell in northern New South Wales. The Cornad project is a silver-rich multi-metal mineral deposit, containing silver, tin, copper, lead and zinc.More

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