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Malachite wants Phoenix partner

MALACHITE Resources has dangled a 500,000 ounce gold equivalent carrot over the Phoenix prospect within its Tooloom gold project in northern New South Wales in the hopes of attracting a joint venture partner.

Michael Vaughan

The company says the latest round of drilling indicates a 500,000oz gold equivalent resource in the Phoenix breccia pipe is a “realistic objective”, though “much more drilling will be required…to bring...

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