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How Medallion’s Forrestania Deal and Drilling Surge Could Transform Its 2025 Outlook
8:50am on Thursday 31st of July, 2025 AEST
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Mining
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How Medallion’s Forrestania Deal and Drilling Surge Could Transform Its 2025 Outlook
8:50am on Thursday 31st of July, 2025 AEST
Key Points
Medallion to acquire full Forrestania tenements and infrastructure, granting IGO a 1.5% gold royalty
Strong gold-copper assay results from Ravensthorpe drilling expand resource confidence
Indicative financing and offtake offers up to A$50 million received
Environmental approvals advancing with land acquisition for offsets
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