Medallion Metals Advances Early Production at Forrestania
Medallion Metals Limited (ASX: MM8) has approved an Early Production Strategy (EPS) to bring its Forrestania Gold Project into production ahead of schedule by making use of the existing Cosmic Boy Concentrator infrastructure. Processing is targeted to begin in the fourth quarter of calendar 2026, around nine months before Ravensthorpe ore treatment is expected to commence. The initiative is designed to generate earlier cash flow, reduce commissioning risk for the processing plant and maintain the broader Ravensthorpe development timeline. The company estimates the required capital investment at only AU$2.1 million, which will be funded from existing cash reserves and is expected to deliver a rapid payback.
To support the strategy, Medallion has signed a toll processing agreement securing at least 200,000 tonnes of third-party material between September 2026 and May 2027, with scope for additional volumes. The agreement provides a fixed processing fee, limiting exposure to ore grade and recovery risks while creating an early revenue stream. Alongside third-party material, the company may also process its own stockpiles, strengthening operational readiness before Ravensthorpe production ramps up and positioning the project for a smoother transition into long-term gold operations.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Medallion Metals Advances Early Production at Forrestania
Medallion Metals Limited (ASX: MM8) has approved an Early Production Strategy (EPS) to bring its Forrestania Gold Project into production ahead of schedule by making use of the existing Cosmic Boy Concentrator infrastructure. Processing is targeted to begin in the fourth quarter of calendar 2026, around nine months before Ravensthorpe ore treatment is expected to commence. The initiative is designed to generate earlier cash flow, reduce commissioning risk for the processing plant and maintain the broader Ravensthorpe development timeline. The company estimates the required capital investment at only AU$2.1 million, which will be funded from existing cash reserves and is expected to deliver a rapid payback.
To support the strategy, Medallion has signed a toll processing agreement securing at least 200,000 tonnes of third-party material between September 2026 and May 2027, with scope for additional volumes. The agreement provides a fixed processing fee, limiting exposure to ore grade and recovery risks while creating an early revenue stream. Alongside third-party material, the company may also process its own stockpiles, strengthening operational readiness before Ravensthorpe production ramps up and positioning the project for a smoother transition into long-term gold operations.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au