Medallion Metals Secures Regulatory Approvals for Western Australia Gold Project Development
MT Newswires Live
Aug 03
Medallion Metals (ASX:MM8) secured all key regulatory approvals required to begin the development of the Ravensthorpe gold project in Western Australia, according to a Monday Australian bourse filing.
The mine development and closure plan for the project was approved, and it also secured approval for the Section 45C amendment to Ministerial Statement 1143.
Project development activities will begin on site, including underground mine development at the Kundip mining center. Its early production strategy remains on track for the September quarter.
Its shares fell 1% in recent trading on Monday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.