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Audalia Resources Advances Medcalf with Maiden Ore Reserve and Dual Development Paths
7:02pm on Tuesday 28th of April, 2026 AEST
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Audalia Resources Advances Medcalf with Maiden Ore Reserve and Dual Development Paths
7:02pm on Tuesday 28th of April, 2026 AEST
Key Points
Maiden Ore Reserve of 11.77Mt at 11.0% TiO2 confirmed
Updated PFS presents low CAPEX/high OPEX and high CAPEX/low OPEX options
Strong project economics with NPVs of $141M and $227M respectively
Cash balance dropped to $203,000 amid exploration and consultancy costs
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Audalia Resources (ASX:ACP)
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