MEDALLION METALS LTD (MM8) - From Acquisition to Production: Medallion Metals Sulphide Strategy

Send us a textDive deep into Medallion Metals ambitious gold and copper development strategy with Managing Director Paul Bennett in this revealing conversation. Paul outlines how the company is revolutionising their approach by acquiring the Forrestania processing infrastructure from IGO, a move that dramatically reduces both time and capital requirements on their path to production.With impressive mineral resources of 1.1 million ounces of gold and 40,000 tonnes of copper in Western Australia's southern goldfields, Medallion is strategically positioned for growth. Paul explains their calculated decision to secure a secondary ball mill ahead of final investment decision, keeping them on track for first metal production by late 2026 and commercial production in 2027.The economics look compelling – their previous scoping study showed a $329 million NPV and 129% IRR, figures that are likely to improve substantially given rising gold prices and plans to increase mill throughput. Recent drilling at the Kundip Mining Centre has revealed exciting new loads that could extend mine life and increase production rates, while strong interest from offtake partners (with some offering funding solutions up to $85 million) validates the project's quality.With $29 million in cash reserves and a clear development pathway, Medallion Metals stands at the threshold of transformation. Whether you're an investor seeking exposure to precious metals, a mining enthusiast tracking emerging producers, or simply curious about innovative approaches in the resources sector, this episode offers valuable insights into a company poised for significant growth. Subscribe to ASX Briefs for more conversations with the leaders shaping Australia's mining future.

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