Medallion Metals (ASX:MM8) found high-grade gold mineralization from reverse circulation drilling at its Ravensthorpe gold project in Western Australia, according to a Wednesday Australian bourse filing.
The results include six meters at 4.6 grams per tonne gold, 1% copper, and 9.1g/t silver from 343 meters, including two meters at 11.2 g/t gold, 2.4% copper, and 19.5 g/t silver from 345 meters.
The company's shares were up 6% at Wednesday's close.
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