Medallion Metals Salutes High-Grade Gold and Copper at Flag Deposit

THE DRILL SERGEANT: Medallion Metals (ASX: MM8) reporteding extensional drilling results from the Flag deposit, located within the Kundip Mining Centre (KMC) that is part of the company’s Ravensthorpe Gold Project (RGP) in Western Australia.

Medallion Metals said diamond drilling carried out in 2022 had intersected the Flag Main Lode in the footwall to the Main Lode.

Assay results from the veins include:

DD22KP1138
0.92 metres at 34.2 grams per tonne gold, 0.5 per cent copper, 16.4g/t silver from 283m – Flag Main Lode; and

0.45m at 118g/t gold, 9.3 per cent copper, 61.1g/t silver from 319.9m – Flag Fault Cross Lode.

Medallion considers the continuation of high-grade results in the area extremely positive for the potential extension of Mineral Resources at the Flag deposit.

“Exciting high-grade results like these continue to build confidence at Flag,” Medallion Metals managing director Paul Bennett said in the company’s ASX announcement.

“These results, combined with previous drilling and historical underground mapping gives us great confidence the deposit can be mined successfully from underground.

“Importantly, the structure remains open with the possibility of further extensions from follow up drilling currently being planned.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE