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Medallion Metals Nears Forrestania Deal Amid Strong Drilling and $6.5M Raise
5:03am on Monday 2nd of June, 2025 AEST
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Mining
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Medallion Metals Nears Forrestania Deal Amid Strong Drilling and $6.5M Raise
5:03am on Monday 2nd of June, 2025 AEST
Key Points
Positive progress on Forrestania acquisition with due diligence nearly complete
Strong drilling intercepts at Ravensthorpe Gold Project, including new sulphide lodes
Significant offtake interest and indicative funding offers up to A$50 million
Environmental approvals advance with favourable EPBC Act referral outcome
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Medallion Metals (ASX:MM8)
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