MDL: Two More Mineral Licenses at Red Wine

Pinnacle Digest (07/04/2010)
"On June 22nd, Medallion announced it added two additional mineral licenses to the existing Red Wine heavy REE exploration property, in which Medallion can option a 100% interest. Although this project is at an early stage, we are encouraged that Medallion has an exploration program already planned for this summer.

Medallion's flagship project is the Eden REE Project, which is an option to JV with Rare Element Resources the exploration of the Eden Lake, Manitoba REE property.

Earlier this year, Medallion released results of a new REE distribution study, based on previous sampling, which supports the potential for high neodymium and elevated heavy REE values at Eden.

Medallion's most recent news came from its Red Wine Heavy REE Project, which gives the company a two-pronged focus in the hunt for rare earths."

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