Recently Medallion Metals reported first results from its inaugural drill program. Results were overall supportive of historical drilling at Gem Restored and a potential new mineralised lode was identified. We view these results as a positive first step towards Medallion Metals achieving its stated goal of establishing a Mineral Resource estimate in excess of 1Moz Au. With ongoing exploration result news flow expected within the historically under-drilled Kundip Mining Centre we recommend Medallion Metals as a speculative buy.
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