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Malachite Resources Announces Drilling Underway at Tooloom Gold Project
Monday October 19, 2009, 9:47 am

Original Announcement: Drilling Underway at Tooloom Gold Project

Malachite Resources advised that a program of diamond drilling has commenced at the company's wholly owned Tooloom Gold Project in northern New South Wales. Targets at three prospects are to be drilled, beginning with a mineralised fault structure at the Pine Gully Prospect, which has significant similarities with the main mineralised structure at Gympie in Queensland. The rig will later move to the Back Creek Prospect, where visible gold occurs in an outcropping quartz vein stockwork system, and then to Joes Gully, where it will test a possible source of the many composite gold/vein quartz nuggets that have been found downstream from the target area.

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