Medallion Resources

Exploration Outlook 2019 – part 2

Exploration Outlook 2019 – part 2

2018 is almost over and it wasn’t a great year for the natural resources sector. Some metals did very well, but this didn’t mean the share price of the companies moved along with the commodity price increases. Gold appears to be ending the year on a (relatively) strong note, but […]

Medallion’s partner successfully completes separation tests

Medallion’s partner successfully completes separation tests

Medallion Resources (MDL.V) CEO Don Lay can now check an additional box on his ‘To Do’-list as its commercial partner in the USA, Rare Earth Salts, has confirmed it has been able to separate the REE concentrate provided by Medallion into marketable rare earth oxides. And RES wasn’t ‘just successful’ […]

Medallion ships concentrate for evaluation: an important step

Medallion ships concentrate for evaluation: an important step

Medallion Resources (MDL.V) has shipped a sample of its REE concentrate to partner Rare Earth Salts, which will process it at its Nebraska-based facility to determine the product specifications. As we explained before, Medallion has been able to process monazite sands to recover the Rare Earth Eleements from these sands. […]

Medallion Resources resumes REE test work

Medallion Resources resumes REE test work

Medallion Resources (MDL.V) has now resumed its test work to extract Rare Earth Elements from monazite, a by-product from mineral sands operations. The company has recently closed a first tranche of a placement, raising C$670,000 which now allows it to continue its test work, led by Kurt Forrester, a Chemical […]

Medallion’s progress has been hampered by shipment delays

Medallion’s progress has been hampered by shipment delays

Medallion Resources (MDL.V) has provided a corporate update, which is the first one after having raised C$300,000 in a private placement priced at C$0.03 in September. The company intended to use the proceeds of this financing to do more metallurgical test work on monazite, and initiate a pilot-scale test program. […]