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Audalia strengthens Medcalf case with 11.77Mt reserve and new project economics

4:58pm on Tuesday 29th of September, 2026 AEST • Mining
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Audalia strengthens Medcalf case with 11.77Mt reserve and new project economics

4:58pm on Tuesday 29th of September, 2026 AEST
Key Points
  • 11.77Mt probable maiden ore reserve at 11.01% TiO2
  • Updated study reports NPV outcomes of $141m and $227m
  • $1.31m annual loss and $720,861 cash balance
  • Auditor flags material uncertainty over going concern
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