Latest Medallion Metals (ASX:MM8) News

Medallion Metals has advanced negotiations to acquire the Cosmic Boy Process Plant at Forrestania, while delivering robust drilling results at Ravensthorpe and securing a $6.5 million placement to fund its sulphide development strategy.

Medallion Metals has secured a positive EPBC Referral decision for its Ravensthorpe Gold Project, marking a crucial milestone in its sulphide development strategy. The company aims to submit additional environmental data by March 2025, targeting final approval by Q3 2025 while progressing drilling and financing.

Medallion Metals Limited has secured $6.5 million through a placement to support its strategic acquisition of Forrestania Nickel Operation assets and advance the Ravensthorpe Gold Project, positioning the company for a final investment decision by late 2025.

Medallion Metals Limited advances acquisition talks with IGO Limited for the Cosmic Boy Process Plant while reporting strong drilling results and a promising scoping study for its Ravensthorpe Gold Project.

Medallion Metals Limited has intersected multiple zones of semi-massive to massive sulphides at its Harbour View deposit, reinforcing confidence in the continuity of mineralisation at the Ravensthorpe Gold Project. Ongoing metallurgical testwork and drilling progress the company toward a Final Investment Decision in late 2025.

Medallion Metals Limited has intersected substantial semi-massive to massive sulphides in its latest diamond drilling at the Trilogy Deposit, setting the stage for potential commercialisation via existing Forrestania infrastructure.