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Malachite passes round the hat

FOLLOWING a high-profile marketing campaign on Australia's east coast, Malachite Resources has decided to issue a further 2.42 million shares at 20 cents to raise $484,000, bringing the total of capital raised over the last 2-3 weeks to over $1.02 million.

Michael Quinn
Malachite passes round the hat

Malachite says the funds will be used to follow up work in January that identified broad zones of low grade gold mineralisation at its Tooloom gold project in northern NSW. The company said the initial...

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