Medallion Resources

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. […]

Report: Medallion Resources – Building an economic model

Report: Medallion Resources – Building an economic model

Late last year, we introduced you to Medallion Resources (MDL.V) and explained how the company is planning to produce REE’s it will recover from monazite, a waste product of certain mineral sands (MinSand) operations. The market seems to be starting to understand Medallion’s business model and prospects, as the share […]

Medallion Resources outlines its plans for this year

Medallion Resources outlines its plans for this year

Medallion Resources (MDL.V) has released an extensive update wherein it’s unveiling its plans for 2016. As the company has now completed its flow sheet (where the procedure has been confirmed in bench-scale metallurgical tests), the next logical step would be to try to confirm the flow sheet through pilot plant […]

Medallion Resources’ spec sheets and samples meet the requirements

Medallion Resources’ spec sheets and samples meet the requirements

As we reported before, Medallion Resources (MDL.V) has sent concentrate samples and spec sheets to several REE refineries or separation plants. Now, just six weeks after shipping the samples and sending over the specification sheets, ALL of those refineries/separators have indicated to Medallion Resources the concentrate product meets their requirements […]

Medallion Resources has shipped samples to potential offtakers

Medallion Resources has shipped samples to potential offtakers

Medallion Resources (MDL.V) has announced it has provided product spec sheets and small samples of its rare earth concentrate to several potential offtake candidates in the REE industry. Medallion aims to produce REE’s on a sustainable basis by extracting the elements from monazite, a by-product (which is predominantly seen as […]