Medallion Metals Ltd (ASX:MM8)'s Paul Bennett takes Proactive into the work it has been doing at the early stage, pre-resource Gift prospect where there has been minimal drilling done to date. The company confirmed this morning a "significant" two-kilometre mineralised structure at the Kundip Mining Centre's Gift prospect within the greater Ravensthorpe Gold Project (RGP). The Gift is an early-stage target within KMC, in close proximity to existing mineral resources. A total of 11 reverse circulation (RC) holes for 1,490 metres were drilled throughout 2021-22 at the northern end of Gift. All drill holes intersected gold and copper mineralisation, with multiple zones encountered in each hole. Looking forward, down-hole electromagnetic (DHEM) surveys have been conducted at Gift to assist follow up drill targeting, with follow-up diamond drilling planned for later in the year.
Medallion Metals confirms Gift is analogous to the successful Harbour View
