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Medallion Metals Limited (ASX:MM8)

ALERT: Price-sensitive ASX Announcement for MM8
Current share price for MM8 : $0.510 0.085 (20%)+
Announcement
Release
3 Aug 2026 8:33AM
Price at Release
$0.425
Full Release
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Summary
Medallion Metals Limited has secured all necessary regulatory approvals for the development of the Ravensthorpe Gold Project (RGP), marking a significant milestone in their production strategy. With the approval of the Mining Development and Closure Plan (MDCP) and the Section 45C amendment to Ministerial Statement 1143, Medallion is set to commence development activities in line with its project execution schedule. The company has consistently met key milestones over the past 18 months, from project acquisition to permitting, and is now focused on executing its strategy to achieve early cash flow and begin mine development at Ravensthorpe.
Key Points
  • Secured all key regulatory approvals for Ravensthorpe Gold Project.
  • Approved Mining Development and Closure Plan (MDCP) and Section 45C amendment.
  • Development activities to commence as per published schedule.
  • 18 months of milestone achievements from acquisition to permitting.
  • Focus now on execution and early cash flow through Early Production Strategy.
  • First Ravensthorpe ore targeted for delivery to Cosmic Boy Concentrator by Q2 CY2027.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.