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Gabo Mining Ltd V.MDL

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 permanent magnet producers and consumers. It has developed a process and business model for extraction of rare earth elements from monazite, which is a phosphate mineral that is a common by-product of heavy mineral sand operations. The Company holds exclusive rights to the patented LAD Chromatography rare earth element (REE) separation process developed to separate minerals from all raw material feed stocks excluding coal sources and recycled materials from manufacturing wastes and recyclates from battery and magnet sources. It is investing in the development of LAD Chromatography.


TSXV:MDL - Post by User

Bullboard Posts
Comment by tes1936on Sep 06, 2012 3:21pm
162 Views
Post# 20326964

RE: to pick up or not to pick up

RE: to pick up or not to pick up

Let's see if they can deliver as per their latest powerpoint presentation to Investors released recently. (can be found on their website)

It states by the end of Quarter 3 (end of September) they plan to complete sufficient (more than 1) monzanite acquisition agreements to be able to scope an area for the plant

                                                                                AND

Announce a JV partner and processing plant location site

 

So we could be in for a line-up of news coming and fast! There are lots of work going on behind the scenes to get this completed, doesn't happen by snapping your fingers people!!!

Bullboard Posts