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The latest update is out from Medallion Metals Ltd ( (AU:MM8) ).
Medallion Metals Limited has confirmed the presence of broad, high-grade zones of polymetallic mineralisation at the Trilogy deposit, part of the Jerdacuttup Project. The assay results indicate significant potential for the Trilogy deposit to enhance Medallion’s Sulphide Production Strategy, particularly through its integration with the Forrestania flotation plant, pending a transaction with IGO Ltd. The drilling program aims to assess Trilogy as a complementary feed source, potentially boosting the company’s production profile and returns.
More about Medallion Metals Ltd
Medallion Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction of base and precious metals, with a strategic focus on projects like the Jerdacuttup Project, which includes the Trilogy deposit known for its polymetallic mineralisation.
YTD Price Performance: 58.33%
Average Trading Volume: 701,018
Technical Sentiment Signal: Sell
Current Market Cap: A$90.34M
Learn more about MM8 stock on TipRanks’ Stock Analysis page.