Phelps prospect shows promise for Malachite

Malachite Resources believes it may have discovered a major porphyry gold deposit in northern New South Wales following recent drilling at the Phelps prospect.

Phelps prospect shows promise for Malachite Phelps prospect shows promise for Malachite Phelps prospect shows promise for Malachite Phelps prospect shows promise for Malachite Phelps prospect shows promise for Malachite

Better results from five RC holes drilled at Phelps included 163m grading 0.42gpt gold from 11m depth and 202m at 0.16gpt gold from 2m.

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