Company Overview
Medallion Metals Limited (Medallion and the Company) is a gold and copper focussed mining company on an exciting pathway to becoming a producer in Western Australia, one of the world’s most prominent and prolific gold mining states.
The Company has two 100% owned projects which cover approximately 600 square kilometres of tenure at the intersection of the world class Southern Cross greenstone belt and the Albany Fraser Orogen (located 500km south-east of Perth, near Esperance). To the north is the flagship Ravensthorpe Gold Project (RGP), which is the key focus of the Company’s sulphide gold development strategy. To the south lies the earlier stage Jerdacuttup Project (Jerdacuttup) prospective for base and precious metals.
In August 2024, Medallion announced it had entered exclusive negotiations with IGO to acquire key assets from IGO’s Forrestania Nickel Operation (FNO), including the Cosmic Boy Process Plant and related infrastructure, which would see the accelerated commencement of gold mining at RGP under a sulphide gold development scenario. Additionally, both companies are exploring the acquisition of gold and silver rights across the broader FNO tenure on a non-exclusive basis.
This development represents a transformational opportunity for Medallion to commence gold and copper production in the near term while reducing capital expenditure, minimising operational risk, and streamlining permitting processes. It also opens the door to reinvigorated exploration efforts across the highly prospective Forrestania greenstone belt, a historically significant gold-producing region.
Medallion is a 6.27% shareholder in NickelSearch Limited (ASX:NIS).
The Company is headquartered in Perth, Western Australia and led by a team with deep gold mining and mine development expertise. To view the Board and Management, click here.