Medallion Metals Ltd (AU:MM8) has released an update.
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Medallion Metals Ltd has initiated its strategy to become a gold-copper producer by applying for mining tenements in the Forrestania region. The applications cover about 32 thousand hectares, including areas near the historic Bounty Gold Mine. Medallion is also negotiating with IGO Ltd to acquire assets including the Cosmic Boy Processing Plant, aiming to boost its production capabilities.
For further insights into AU:MM8 stock, check out TipRanks’ Stock Analysis page.