"Conrad is the Company?s flagship project and the one most likely to be a ?company-maker? for Malachite. High grade, polymetallic silver-rich base metal mineralisation has been discovered at Conrad and 25,000m of resource definition drilling has been completed along a 2.2km length of the Conrad Lode system. Based on that drilling, a mineral resource containing 9.6 million ounces of silver, or 19.2 million ounces of silver equivalent, has been defined. Within that resource, a higher grade component, comprising 458,000 tonnes at a grade of 424g/t AgEQ (13.6oz/t AgEQ) has been defined (containing 6.2 million ounces of silver equivalent)."