Medallion Metals Ltd (AU:MM8) has released an update.
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Medallion Metals Ltd is set to launch a significant 15,000m drilling program at its Ravensthorpe Gold Project to enhance the understanding and size of its high-grade sulphide resource, as well as to explore nearby prospects. The drilling aims not only to bolster the resource confidence for near-term production but also to support metallurgical testing for processing at the nearby Cosmic Boy Plant. The company is optimistic about the potential of this project and has secured a ‘drill for equity’ agreement to fund the drilling activities.
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