The Company’s 100% owned Projects are located 500km south east of Perth and are situated at the intersection of the world class Southern Cross greenstone belt and the Albany Fraser Orogen. Acquired in August 2016, the Projects cover approximately 641 square kilometres and are host to JORC 2012 Mineral Resources of 16.5Mt @ 2.1g/t Au, 0.3% Cu for 1.1Moz Au and 50kt Cu (1.4Moz AuEq). With proven metal endowment, the tenement package offers a compelling regional discovery opportunity in addition to the optionality of a near term gold development in a proven mineral field.

Medallion has completed approximately 54,000m of combined RC and DDH drilling at the Ravensthorpe Gold Project since listing on the ASX in March 2021. Approximately 50,000m has been carried out at the Kundip Mining Centre with the remainder completed at the Company’s highly prospective regional targets. This drill programme has been designed to grow the Project resources to critical mass to support the development of a long-life low cost gold and copper mine.

KEY PEOPLE

  • John Fitzgerald | Chairman

    Mr Fitzgerald has over 30 years’ resource financing experience and has provided project finance and corporate advisory services to a large number of companies in the resource sector. He has previously held senior positions at NM Rothschild & Sons, Investec Bank Australia, Commonwealth Bank, HSBC Precious Metals and Optimum Capital. Mr Fitzgerald is a Non-Executive Director of Northern Star Limited and a Non-Executive Chairman of Turaco Gold Limited.

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  • Paul Bennett | Managing Director

    Mr Bennett is a Mining Engineer with an MBA who has extensive experience in the operation, development and financing of resource companies and projects over a 25-year period. Prior to joining Medallion in 2016,Mr Bennett was a senior executive at RMB Resources where he specialised in the provision of finance for small to mid-sized resource companies across a range of commodities and jurisdictions. Mr Bennett is a Non-Executive Director of NickelSearch Ltd (ASX: NIS).

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  • Edmund Ainscough | Non-Executive Director

    Mr Ainscough led the acquisition by Medallion of the RGP in 2016. Prior to this he negotiated a joint venture over the Foster/Jan Nickel Project at Kambalda (in 2014) with Gold Fields Ltd which was subsequently vended into ASX listed Lunnon Metals Ltd, of which he is a founder and Managing Director. A geologist by training, he has extensive operational experience (gold, copper, nickel and tin) in Australia and globally. Prior to founding Lunnon Metals, Mr Ainscough was at PCF Capital Group where he advised resource sector companies on corporate, merger and acquisition, and valuation assignments.

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  • Anthony James | Non-Executive Director

    Mr James has over 30 years’ mine operating and project development experience predominantly in Western Australia and experience at Managing Director level of several ASX listed companies. He has a background in feasibility studies leading into successful project development and operating results. Mr James is currently Managing Director of Galena Mining Ltd (ASX: G1A) and a Non-Executive Director of Apollo Consolidated Ltd (ASX: AOP).

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