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Medallion Resources Ltd. is focused on mid-stream separation and purification of rare earth oxides and salts (REOs) based on Ligand Assisted Displacement (LAD) Chromatography, enablement of upstream processing using the Company’s proprietary Medallion Monazite Process (MMP) technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth... see more

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Gabo Mining Ltd > Try again hope it fits

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Post by barcows on Oct 29, 2023 9:31pm

Try again hope it fits

Quarterly Activities Report and Appendix 5B
30 September 2023

Key Highlights:

All assays received and reported for Goschen Central and Watchem Projects.
High-grade heavy mineral (HM) intervals reported from the Watchem Project.
- 45m @ 2.01% HM from 0m, including 4.5m @ 4.69% HM from 13.5m in 23WAC046.
- 42m@ 1.77% HM from 4.5m including 3.0m @ 4.2% HM from 39m in 23WAC017.
- 16.5m @ 3.38% HM from 30m including 4.5m @ 6.91% HM from 36m in 23WAC014
Release of maiden REE results from Goschen Central showing up to 3.1% total rare earth oxide (TREO).
Further high-grade heavy mineral sand (HMS) assays from Goschen Central Project
- 19.5m @ 2.44% HM from 22.50m including 3.0m @ 7.18% HM from 31.50m in 23AC133
- 25.5m @ 1.93% HM from 16.50m, including 1.5m @ 6.82% HM from 16.5m and 3.0m @ 3.29% HM from 31.5m in 23AC126
- 21.0m @ 3.21% HM from 24.0m, including 9.0m @ 5.41% HM from 30.0m in 23AC129
High proportion of magnetic rare earth elements reported for Goschen Central.
Engagement of Mineral Technologies to complete scoping study for heavy mineral sand project at Goschen Central.
Initiation of Scoping study for rare earth processing plant (REPP) project.
Maiden mineral resource estimate due in coming weeks.
Over $5.5M cash to remain in a strong position.

ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to provide the Quarterly Activities Report for the September 2023 Quarter. This quarter saw ACDC Metals achieve significant progress on its portfolio of heavy mineral sand (HMS) and rare earth element (REE) projects in western Victoria, alongside as the Company’s REE process technology. Of note, ACDC Metals advanced towards resource estimation at Goschen Central, while studies were commenced to enable evaluation of the various project components. Several project milestones were achieved, setting the foundation for a pivotal subsequent quarter, in which we are looking forward to releasing the maiden resource for the Goschen Central Project and also the scoping study for not only Goschen Central but also the REPP.

ACDC Metals CEO Tom Davidson commented:

“The September quarter saw a large amount of work completed that reinforces the Company’s vision to grow as a significant participant in both mineral sand production and rare earth element processing. The Board was very pleased to see such positive results delivered from both Goschen

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