Sub-Lease of Ravensthorpe Camp for $2.2 million
Filed with ASX · · 1 page · English
• Ravensthorpe Camp sub-let to a subsidiary of Allkem Limited for a period of 18 months • Medallion to receive $2.2 million after costs by way of sub-lease payments • Retain Camp access at levels to enable progression of exploration & pre-development activities at Ravensthorpe Gold Project Medallion Metals Limited (ASX:MM8, the Company or Medallion) provides the following update in relation to it’
Earlier from Medallion Metal
- Non-renounceable Rights Issue Prospectus
- $5 Million Raising to Continue to Advance the 1.62 Moz RGP
- NIS: Non Renounceable Rights Issue Extension of Offer Period
- NIS: Nickel Sulphides Intersected at B1
- NIS: NIS Launches Fully Underwritten $2.4M Rights Issue
Later from Medallion Metal
- PFS demonstrates technical and commercial viability of RGP
- RGP Ore Reserve increases to 610koz Au and 24kt Cu
- Step out hole extends Gem 140m down plunge to 400m
- Priority target drill program to commence at Ravensthorpe
- MM8: Medallion & IGO enter excl. negotiations on Forrestania
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