The Gold Report

Medallion Resources Ltd. TICKER: MDL:TSX.V; MLLOF:OTCQX; MRD:FSE Visit Company Website Medallion Resources Ltd. is a junior resource company exploring for large, low-cost, heavy rare earth element deposits. With a clear metallurgical path and cost-effective infrastructure, the company's approach is to apply simple and well-known processing techniques to extract rare earths from the mineral monazite. Medallion's Red Wine HREE property is among the finest rare-earth exploration properties in North America.

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

J. Chury, Bottom Line Report (1/27/12) "Medallion Resources Ltd. has proposed a unique strategy to gain low-cost production in the very near term. . .the company's alternative method to meet rare-earth-element (REE) supply needs is set to utilize historically proven metallurgical methods to derive REEs from monazite, which contains 60% REEs. . .the Medallion strategy is looking to bypass the costs and risk associated with establishing a mine. . .with the proper operational controls and the use of modern handling and disposal systems, the company can confidently proceed with its fast-track strategy to source and procure the substantial amount of available monazite."

The Critical Metals Report Interview with Anthony Mariano (12/13/11) Anthony Mariano: Monazite mining can provide all of the necessary light and medium atomic number REEs to the marketplace without dependence on China. . .the physical and chemical processing of monazite is well-known and can be handled, but the problem is what to do with the thorium after it is extracted.

TCMR: Are scientists and companies considering launching these types of projects, which will exploit the REE potential of monazite, while economically handling the thorium?

AM: Yes, Medallion Resources Ltd. is one. . .in mining hard rock, crushing represents 61% of the cost. Virtually no crushing is involved in mining beach sands. And there are large monazite tailings from existing beach sand mining operations, which are available for exploitation.

Deborah Sterescu, Proactive Investors (11/10/11) "Medallion Resources Ltd. was recently given a "buy" recommendation from Brien Lundin in the October edition of the Gold Newsletter. . .Medallion will continue with rare earths projects. . .but it plans to focus its future acquisitions and joint venture projects on monazite, a phosphate mineral that contains rare earth metals and a byproduct in heavy mineral sands operations. . .the company's market cap is less than $10M, and it has only 44.6M shares outstanding; the share price could rise suddenly once the company finds joint venture partners and monazite projects."

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/1/11) "Medallion Resources Ltd. is a rare earth play with an interesting new twist on building its property portfolio. . .the company has decided to attempt to form a series of joint ventures with mineral sands processors. Medallion's new strategy has the potential to pay huge dividends for shareholders. . .the company could be the next big play in this space."

The Critical Metals Report Interview with Jason Burack (8/16/11) "Medallion Resources Ltd. could surprise [with early production.]" More >

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