Medallion Metals' Validation of Historical Drilling at Western Australia Gold Deposit Shows High-Grade Intersections; Shares Up 5%

MT Newswires Live

06/03

Medallion Metals (ASX:MM8) said the ongoing extraction and validation of previously unreleased historical drilling at the Lounge Lizard gold deposit, within the Forrestania gold project in Western Australia, resulted in high-grade intersections, according to a Wednesday Australian bourse filing.

The company said 212 historical drill holes surrounding the Lounge Lizard open pit were validated and incorporated into the geological database for mineral resource estimation.

It encountered intersections of 11 meters at 6.9 grams per tonne (g/t) grade of gold from 50 meters, 9 meters at 8.7 g/t grade of gold from 67 meters, 5 meters at 10.2 g/t grade of gold from 98 meters.

The company's shares jumped 5% in recent Wednesday trade.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/hant/news/2640922235"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2640922235\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2640922235?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-03 09:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640922235","market":"sg","top_or_hot":-1,"title":"Medallion Metals' Validation of Historical Drilling at Western Australia Gold Deposit Shows High-Grade Intersections; Shares Up 5%","media":"MT Newswires Live","content":"<html><body><p> Medallion Metals (ASX:MM8) said the ongoing extraction and validation of previously unreleased historical drilling at the Lounge Lizard gold deposit, within the Forrestania gold project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, resulted in high-grade intersections, according to a Wednesday Australian bourse filing.</p><p>The company said 212 historical drill holes surrounding the Lounge Lizard open pit were validated and incorporated into the geological database for mineral resource estimation.</p><p>It encountered intersections of 11 meters at 6.9 grams per tonne (g/t) grade of gold from 50 meters, 9 meters at 8.7 g/t grade of gold from 67 meters, 5 meters at 10.2 g/t grade of gold from 98 meters.</p><p>The company's shares jumped 5% in recent Wednesday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Medallion Metals' Validation of Historical Drilling at Western Australia Gold Deposit Shows High-Grade Intersections; Shares Up 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMedallion Metals' Validation of Historical Drilling at Western Australia Gold Deposit Shows High-Grade Intersections; Shares Up 5%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time smaller\">2026-06-03 09:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p> Medallion Metals (ASX:MM8) said the ongoing extraction and validation of previously unreleased historical drilling at the Lounge Lizard gold deposit, within the Forrestania gold project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, resulted in high-grade intersections, according to a Wednesday Australian bourse filing.</p><p>The company said 212 historical drill holes surrounding the Lounge Lizard open pit were validated and incorporated into the geological database for mineral resource estimation.</p><p>It encountered intersections of 11 meters at 6.9 grams per tonne (g/t) grade of gold from 50 meters, 9 meters at 8.7 g/t grade of gold from 67 meters, 5 meters at 10.2 g/t grade of gold from 98 meters.</p><p>The company's shares jumped 5% in recent Wednesday trade.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLL","symbol_name":"2倍沽空黃金ETF-ProShares","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2640922235","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640922235","pubTimestamp":1780448930,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Medallion Metals  said the ongoing extraction and validation of previously unreleased historical drilling at the Lounge Lizard gold deposit, within the Forrestania gold project in Western Australia, resulted in high-grade intersections, according to a Wednesday Australian bourse filing.The company said 212 historical drill holes surrounding the Lounge Lizard open pit were validated and incorporated into the geological database for mineral resource estimation.It encountered intersections of 11 meters at 6.9 grams per tonne (g/t) grade of gold from 50 meters, 9 meters at 8.7 g/t grade of gold from 67 meters, 5 meters at 10.2 g/t grade of gold from 98 meters.The company's shares jumped 5% in recent Wednesday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLL":"2倍做空黄金ETF-ProShares","GLD":"黄金ETF-SPDR","GDXY":"YieldMax Gold Miners Option Income Strategy ETF","XME":"金属与采矿指数ETF-SPDR","FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","MFIN":"Medallion Financial Corp.","PHYS":"Sprott Physical Gold Trust","DZZ":"德银黄金两倍做空ETN","DUST":"二倍做空黄金矿业指数ETF-Direxion","INTX":"Intersections","MM8.AU":"MEDALLION METALS LTD","IAU":"黄金信托ETF-iShares","GLDM":"SPDR Gold MiniShares Trust","SHNY":"MICROSECTORS GOLD 3X LEVERAGED ETN","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","GOLY":"Strategy Shares Gold Enhanced Yield ETF","BAR":"GraniteShares Gold Shares","CEF":"Sprott Physical Gold & Silver Trust","DULL":"MICROSECTORS GOLD -3X INVERSE LEVERAGED ETN","PICK":"iShares MSCI Global Metals & Mining Producers ETF","WRN":"西方铜金","AAAU":"Goldman Sachs Physical Gold ETF","IAUI":"NEOS Gold High Income ETF","USG":"USCF Gold Strategy Plus Income Fund","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","SGDM":"Sprott Gold Miners ETF","BTGD":"STKD Bitcoin & Gold ETF","IAUM":"ISHARES GOLD TRUST MICRO","GDX":"黄金矿业ETF-VanEck","STW.AU":"SPDR® S&P/ASX 200 ETF","RING":"iShares MSCI Global Gold Miners ETF","UGL":"2倍做多黄金ETF-ProShares","XAO.AU":"标普/澳交所 普通股指数","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","BGLD":"FT Vest Gold Strategy Quarterly Buffer ETF","JNUG":"金矿指数二倍做多ETF","QRE.AU":"BetaShares Australian Res Sect ETF","DGP":"二倍做多黄金ETN(PowerShares)","GDXJ":"小型黄金矿业ETF(Market Vectors)","XJO.AU":"标普/澳交所 200指数","GBUG":"Sprott Active Gold & Silver Miners ETF","DBC":"商品指数ETF-PowerShares DB","UYM":"基础材料指数ETF-ProShares两倍做多","XKO.AU":"标普/澳交所 300指数","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","JDST":"金矿指数二倍做空ETF","OUNZ":"VanEck Merk黄金股票基金","SGOL":"Abrdn Gold ETF Trust"},"translate_title":"Medallion Metals对西澳大利亚金矿历史钻探的验证显示了高品位交叉点；股价上涨5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLDM":0.9,"XKO.AU":1.5,"BGLD":0.6,"IAU":0.9,"GBUG":0.9,"IAUM":0.9,"JNUG":0.9,"MM8.AU":1,"QRE.AU":0.6,"BTGD":0.9,"UGL":0.9,"INTX":1.5,"PICK":1.5,"DUST":0.9,"DULL":0.9,"GOAU":0.9,"GDXU":0.9,"WRN":1.5,"DBC":0.9,"JDST":0.9,"RING":0.9,"BEGS":0.9,"GOLY":0.9,"GDXJ":0.9,"GLL":0.9,"AAAU":0.9,"UYM":0.9,"MFIN":1.5,"IAUI":0.9,"XAO.AU":1.5,"XJO.AU":1.5,"DZZ":0.9,"GDX":0.9,"DGP":0.9,"XME":0.9,"BAR":0.9,"GDXD":0.9,"1OZmain":0.9,"OUNZ":0.9,"GLD":0.6,"SGOL":0.9,"FGDL":0.9,"PHYS":0.9,"USG":0.9,"SHNY":0.9,"GDXY":0.9,"STW.AU":0.6,"CEF":0.9,"GLTR":0.9,"SGDM":0.9},"content_text":"Medallion Metals (ASX:MM8) said the ongoing extraction and validation of previously unreleased historical drilling at the Lounge Lizard gold deposit, within the Forrestania gold project in Western Australia, resulted in high-grade intersections, according to a Wednesday Australian bourse filing.The company said 212 historical drill holes surrounding the Lounge Lizard open pit were validated and incorporated into the geological database for mineral resource estimation.It encountered intersections of 11 meters at 6.9 grams per tonne (g/t) grade of gold from 50 meters, 9 meters at 8.7 g/t grade of gold from 67 meters, 5 meters at 10.2 g/t grade of gold from 98 meters.The company's shares jumped 5% in recent Wednesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}