Articles
Medallion Metals in the fast lane to Ravensthorpe gold, copper production with $27.5m placement
Special Report: A select group of long-term resources investors have demonstrated their confidence in Medallion Metals and its plans for near-term gold and copper production at its Ravensthorpe project by backing a $27.5m placement.
Medallion raises funding to accelerate RGP gold production
With its shares having gained some market traction this year, Medallion Metals is raising A$24 million in fresh equity to best position itself to green-light a gold mine development decision by the end…
Medallion builds cash pile to fast track production
Medallion Metals (ASX:MM8) is raising $27.5 million through an institutional placement to progress its sulphide development strategy, in hopes of acquiring IGO’s (ASX:IGO) sulphide flotation plant in Western Australia.
Explorers Podcast: Medallion Metals holding golden upside heading to production
Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast.
In this edition, Barry turns away from exploration to a developer in Medallion Metals (ASX:MM8) who looks to boasts a unique, low-cost infrastructure advantage over other gold production hopefuls in the form of a repurposed processor.
Medallion Metals eyes IGO’s Forrestania tenements for future gold mining opportunities
Medallion uncovers extensions at Gem deposit
Medallion Metals has reported promising extensional drilling results at its Gem deposit, part of its flagship Kundip Mining Centre (KMC) in Western Australia.
Highlight intercepts include 6m at 4.6 grams per tonne (g/t) gold, 1 per cent copper, 9.1g/t silver from 343m, including 2m at 11.2g/t gold, 2.4 per cent copper, 19.5g/t silver from 345m, and 3m at 6.8g/t gold, 0.6 per cent copper, 5.5g/t silver from 346m.
Medallion builds up mine life confidence from Gem
Medallion Metals (ASX:MM8) is building further confidence that the mine life can be increased at the Ravensthorpe Gold Project, after receiving drilling results from the Gem deposit in Western Australia.
Medallion Metals, IGO amend acquisition terms for Forrestania Nickel Operation
Medallion Metals has amended the terms of agreement with IGO to acquire 100% of Forrestania Nickel Operation (FNO), including the Cosmic Boy processing facility, associated infrastructure and mineral rights, excluding nickel and lithium, in Western Australia.
Medallion secures Forrestania operation
Medallion Metals and IGO have finalised the terms of a proposed transaction that will see Medallion acquire the Forrestania operation in WA, including the Cosmic Boy plant.
Brokers look for next big thing in WA gold as cash flows to developers
Aussie mining analysts are looking for the next big thing as capital flows from the cashed-up producers at the top of the gold game to the developers and small cap stocks below them on the food chain.
The latest example comes out of Canaccord Genuity and Perth gold expert Tim McCormack, who yesterday placed a spec buy label and 55c per share price target on Medallion Metals (ASX:MM8).
