Page 498 - ANC-Presentations-Full-18-10_Neat
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Medallion Metals Transaction
▪ Acquired 100% interest in
1 ML & 1 EL plus secured
base metals rights to 1 ML
& 4 EL’s from Medallion
Metals (ASX: MM8)
▪ Total tenure increases to
2
108km and captures the
western extension of the
greenstone belt
▪ ML74/13 contains the
historical high grade RAV-8
mine which produced
16.1kt Ni at 3.45% incl.
9.6kt Ni at 5.83%
▪ 100% scrip consideration
results in MM8 holding a
cornerstone equity
position at IPO (15.1%)
9

