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Message from the CEO:
Medallion continues to focus on the Indian Ocean basin, an ideal region in which to situate our proposed large-scale, rare-earth processing facility. We will locate the rare-earth extraction and separation facility in one of the Middle Eastern jurisdictions, which provide important benefits that reduce both cost and the time to production. These benefits include:
- Proximity to monazite feedstock
- Excellent ports and infrastructure
- Low-cost energy and chemicals
- Industry-friendly governments
- Capital available to fully fund such projects
Our North American and Middle Eastern-based management team is actively engaged in discussions with potential sovereign-supported joint-venture partners, while our Director of Feedstock Acquisitions, Mr Warwick Bartle, makes steady progress toward securing long-term sources of monazite from regional heavy-mineral-sands producers. Based on our most recent decisions and negotiations, Medallion is confident that we can fast-track a high internal-rate-of-return project in the Middle East, with the potential to reset the global rare-earth marketplace by 2015. For more details, please read our newly updated Q3 2012 Investor Presentation. As Medallion proceeds with the monazite strategy, we are working with North American and European investors, brokers and analysts to expand awareness of this timely and efficient solution to the rare-earth crisis. The commentaries below, by well-recognized leaders in the rare-earth industry, respond to some of our initiatives.
I look forward to reporting further advancements to you in the coming quarter.
Dr Bill Bird, Chairman & CEO
Byron King - Editor, Energy & Scarcity Investor
July 13, 2012
Byron King has mentioned before and does once again that, "Medallion has a different sort of business plan. It'll skip the "build a mine" thing, and go straight to monazite off-take from mineral sand producers. After that, the business plan falls back on the fact that people have been successfully producing RE from monazite for 80 years or so. It's doable."
To read more about Byron's comments to the Company's July 11, 2012 News Release, please visit:
Jeb Handwerger, Editor and Publisher of Gold Stock Trades
July 3, 2012
In a recently published interview with Jeb Handwerger, The Critical Metals Report asked about Jeb's expectations of rare-earth juniors and more specifically, which of the juniors would fill the demand for North American sources of rare earths.
To read about Medallion's ability to meet near-term supply shortages, please visit:
theaureport.com
Byron King - Writer and Editor, Energy & Investor newsletters and contributor to the Daily Resource Hunter.
June 12, 2012
The Critical Metals Report published an interview with Byron King of Agora Financial. The interview included the following comments about Medallion Resources:
"I have been keeping an eye on Medallion Resources Ltd. Its management includes world-class mineralogists who understand how to go straight to the metallurgy. Right now, the company is working in the Indian Ocean basin, with a plan to extract a mineral called monazite out of the mineral sand stream. The monazite is already being handled by other mineral sand processors who take ilmenite, cassiterite, rutile and other minerals from mineral sands. They don't take monazite because there is no market for it. Medallion's business plan is to take the monazite off their hands. So Medallion can skip the mine-building side of things, and go straight to handling a concentrated mineral fraction. The separation is fairly simple and monazite is easy to ship. Medallion is pursuing opportunities for off-takes of monazite, supplying it to users who can put it straight into a processing stream. Medallion is leapfrogging much of the developmental work to focus on monazite mineral sands. It is a different business model that deserves watching."
Don Lay, President of Medallion Resources, joined Jack Lifton and Mickey Fulp on June 19th at the Murdock Capital Critical Metals Symposium in New York City. Don provided an update to current and potential investors on Company progress and next steps.
July 11, 2012 - Interview with Resource Stock Digest
Don Lay speaks with Mark Cullivan of Resource Stock Digest about the Company's decision to process rare earths in the Middle East.
July 11, 2012 - Middle East: Preferred Site for Rare-Earth Processing Facility
Just two weeks ago, Medallion Resources confirmed that, after extensive review including meetings and site visits in several Middle Eastern jurisdictions, the Company expects to construct its proposed large-scale, rare-earth processing facility within the Gulf States.
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