Business Summary

Medallion Metals Limited is an Australia-based resources exploration and development company. The Company owns two of 100% West Australian projects with a focus on precious and base metals. The Company’s 100% owned Projects, Ravensthorpe Gold Project (RGP) and the Jerdacuttup Project (JP) are located 550 kilometers southeast of Perth and are situated at the intersection of the world class Southern Cross greenstone belt and the Albany Fraser Orogen. The Projects cover approximately 650 square kilometers and are host mineral resources of 2.4 grams of gold per ton (g/t) and 0.2% of copper. The Projects consists of approximately 43 mining tenements and applications. The tenement holding stretches approximately 648 square km. In addition to the known deposits, the RGP tenure is prospective for nickel, lithium, manganese and antimony.