Medallion Metals Reports High-Grade Gold Intercepts at Western Australia Deposit

MT Newswires Live

Aug 14

Medallion Metals (ASX:MM8) said a slimline reverse circulation drill program at the Lounge Lizard deposit, located within the Forrestania gold project in Western Australia, returned significant high-grade intercepts, according to a Friday filing with the Australian bourse.

The intercepts include three meters at 3.61 grams per tonne grade of gold from 112 meters; five meters at 5.8 g/t from 106 meters; two meters at 5.05 g/t from 147 meters; six meters at 2.26 g/t from 111 meters; and eight meters at 1.41 g/t from 117 meters.

The results validate previous drilling at Lounge Lizard, with re-assays averaging around 20% higher across the tested intervals, the company said.

It added that a roughly 6,700-meter combined diamond and reverse circulation drilling program started in August to confirm and extend Lounge Lizard mineralization.

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five meters at 5.8 g/t from 106 meters; two meters at 5.05 g/t from 147 meters; six meters at 2.26 g/t from 111 meters; and eight meters at 1.41 g/t from 117 meters.</p><p>The results validate previous drilling at Lounge Lizard, with re-assays averaging around 20% higher across the tested intervals, the company said.</p><p>It added that a roughly 6,700-meter combined diamond and reverse circulation drilling program started in August to confirm and extend Lounge Lizard mineralization.</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 Reports High-Grade Gold Intercepts at Western Australia Deposit</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; 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five meters at 5.8 g/t from 106 meters; two meters at 5.05 g/t from 147 meters; six meters at 2.26 g/t from 111 meters; and eight meters at 1.41 g/t from 117 meters.</p><p>The results validate previous drilling at Lounge Lizard, with re-assays averaging around 20% higher across the tested intervals, the company said.</p><p>It added that a roughly 6,700-meter combined diamond and reverse circulation drilling program started in August to confirm and extend Lounge Lizard mineralization.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VAP.AU","symbol_name":"VANGUARD AU PROP SEC IDX ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2659018195","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2659018195","pubTimestamp":1786665449,"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. 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