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How Will Audalia’s $540K Placement Fuel Medcalf’s Maiden Ore Reserve?

11:32am on Wednesday 28th of January, 2026 AEDT Mining
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How Will Audalia’s $540K Placement Fuel Medcalf’s Maiden Ore Reserve?

11:32am on Wednesday 28th of January, 2026 AEDT
Key Points
  • Medcalf Project PFS update underway with current costings
  • Completed $540,000 placement to fund project development
  • Cash balance of $623,000 at quarter end after $438,000 exploration spend
  • Loan facilities totaling $6 million available with 2026 repayment dates
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