Medallion Metals Ltd (AU:MM8) has released an update.
Medallion Metals Ltd is advancing its environmental and mining approvals for the Ravensthorpe Gold Project, with plans to process its high-grade sulphide ore through the Cosmic Boy plant. The company is in positive acquisition talks with IGO Ltd for the necessary infrastructure and aims to reduce the project’s environmental footprint while rapidly moving towards gold and copper production. Primary approvals are expected within six months, which would allow for a swift project commencement, boosting investment and regional benefits in Ravensthorpe.
For further insights into AU:MM8 stock, check out TipRanks’ Stock Analysis page.