Gamma Resources Ltd.

Medallion Resources Ltd. – “Medallion” or the “Company”), pursuing smart production of magnet metals, today announced that it has closed the first tranche of its $630,000 non-brokered private placement , as announced in the Company’s news release dated March 15, 2019, for gross proceeds to the Company of $597,510. Medallion has issued an aggregate of 6,639,000 units pursuant to the [...]

Medallion Resources Ltd. today announced that it will receive up to $34,800 in funding from the federal government through the National Research Council of Canada Industrial Research Assistance Program to research the optimization of its monazite rare earth extraction process at the University of Toronto. “Monazite contains significant quantities of the mineral phosphate. Given this, producing a good phosphate [...]

Medallion Resources Ltd. – “Medallion” or the “Company”), pursuing smart production of magnet metals, today announces that it is amending the terms, and increasing the size, of its non-brokered private placement , which was originally announced in a news release of the Company earlier today. The size of the Private Placement is increased to up to 7,000,000 units at a purchase price of $0.09 [...]

Medallion Resources Ltd. – “Medallion” or the “Company”), pursuing smart production of magnet metals, today announces that it has arranged a non-brokered private placement of 5,500,000 units at a purchase price of $0.09 per Unit for gross proceeds of $495,000. Each Unit will consist of one common share in the capital of the Company and one transferable Common Share purchase warrant . Each [...]

Medallion Resources Ltd. , will receive up to $50,000 in funding from the federal government through the National Research Council of Canada Industrial Research Assistance Program to support the final major test work of its rare earth element extraction process development. This test work project, with a total budget of about $80,000, will be carried out by the Saskatchewan Research Council and focus on processing routes [...]

Medallion Resources Ltd. , announced that its commercial partner Rare Earth Salts Separations & Refining LLC has completed separation tests of Medallion’s rare earth concentrate into commercial-ready rare earth oxides. “We have successfully separated Medallion’s feedstock sample into marketable rare earth oxides,” commented Cameron Davies, RES Chief Executive Officer. “Having worked with more [...]

Medallion Resources Ltd. , today announced it has received notice from Rare Earth Salts Separations & Refining LLC , that the rare earth sample concentrate it recently received from Medallion is now undergoing testing to separate into individual rare-earth oxides. “It’s an important step for our magnet-metal rich concentrate to be put through Rare Earth Salts’ novel separation process as rare-earth [...]

VANCOUVER, British Columbia, July 11, 2018 -- Medallion Resources Ltd. – “Medallion” or the “Company”), pursuing smart production of magnet metals, is pleased to provide an update on its recent business developments. “Kurt Forrester and I just returned from Saskatchewan and Nebraska where we met with representatives from the Saskatchewan Research Council and Rare Earth Salts to hold key [...]

VANCOUVER, British Columbia, June 07, 2018 -- Medallion Resources Ltd. , today announced that it is shipping a sample of its magnet metal-rich, rare earth concentrate to Rare Earth Salts Separations & Refining LLC , a US-based materials technology company, for evaluation. North American production In June of 2017, Medallion partnered with RES to jointly produce, market and share revenues from the sale of finished rare [...]

VANCOUVER, British Columbia, March 28, 2018 -- Medallion Resources Ltd. ; – “Medallion” or the “Company”), pursuing smart production of magnet metals, is pleased to announce its recent process testwork extracting a rare earth element concentrate from monazite sand, also produced Trisodium Phosphate . TSP is a commercial compound, which currently wholesales at approximately $500/tonne and has [...]