Medallion Metals Ltd ( (AU:MM8) ) has shared an announcement.
Medallion Metals Limited has announced exceptional results from its in-fill drilling program at the Kundip Mining Centre, part of the Ravensthorpe Gold Project. The results, which include high-grade gold and copper assays, bolster confidence in the deposit’s potential and support the company’s near-term gold production strategy. The ongoing drilling efforts aim to update the Mineral Resource Estimate and inform the final investment decision for the Ravensthorpe-Forrestania sulphide development strategy, expected by the end of 2025.
More about Medallion Metals Ltd
Medallion Metals Limited is an Australian mining company focused on the exploration and development of gold and copper resources. The company’s flagship project is the Ravensthorpe Gold Project, located in Western Australia, which hosts a significant Mineral Resource Estimate. Medallion is actively engaged in expanding its resource base through extensive drilling programs.
YTD Price Performance: 91.67%
Average Trading Volume: 779,115
Technical Sentiment Signal: Sell
Current Market Cap: A$109.4M
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