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Last €0.0040 EUR
Change Today +0.001 / 33.33%
Volume 0.0
MRD On Other Exchanges
Symbol
Exchange
Venture
OTC US
Stuttgart
As of 10:45 AM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

medallion resources ltd (MRD) Snapshot

Open
€0.01
Previous Close
€0.0030
Day High
€0.01
Day Low
€0.0010
52 Week High
09/12/14 - €0.09
52 Week Low
06/5/15 - €0.0010
Market Cap
265.6K
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
66.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MEDALLION RESOURCES LTD (MRD)

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medallion resources ltd (MRD) Details

Medallion Resources Ltd. engages in the acquisition, exploration, and evaluation of mineral properties. It focuses on rare earth elements, primarily mineral monazite, which is a rare-earth phosphate mineral produced and discarded by mineral sands mines deposits. The company holds interest in the Red Wine heavy-rare-earth elements project, which consists of 7 mineral licenses covering an area of 46.5 square kilometers in Labrador, Canada. Medallion Resources Ltd. was incorporated in 1989 and is based in Vancouver, Canada.

Founded in 1989

medallion resources ltd (MRD) Top Compensated Officers

Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: --
Chief Technical Advisor and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

medallion resources ltd (MRD) Key Developments

Medallion Resources Ltd. Auditor Raises 'Going Concern' Doubt

Medallion Resources Ltd. filed its Annual on Jun 30, 2015 for the period ending Mar 31, 2015. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Medallion Resources Ltd Announces Progress on its Lab-Scale Metallurgical Testing to Extract Rare Earths from Beach Sand Monazite

Medallion Resources Ltd. announced that it has made significant progress on its lab-scale metallurgical testing to extract rare earths from beach sand monazite. This recent work, undertaken by the company's Chief Technical Advisor Dr. Bill Bird and a consultancy, confirms Medallion's caustic-route metallurgical process plans and establishes an important step toward full process refinement and commercialization. Within a few weeks, the company expects to complete the optimization of the processing cycle. The completed test will provide Medallion with a high-purity, rare-earth chemical concentrate product and related analytical data for prospective customers and partners. Some of the more important process improvements that have resulted from testing to date include: Techniques for handling the waste material in the monazite feedstock, Opportunities for recycling of water and reagents, and Techniques for production of phosphate as a potential commercial fertilizer by-product of the process. The mineral monazite, a rare-earth element phosphate, is the world's original rare-earth mineral source. Although found in hard rock deposits, monazite is also readily available in significant quantities as a high-grade by-product of heavy-mineral sands operations. Medallion's rare-earth production strategy is based on entering into long-term monazite supply agreements with reliable heavy-mineral sands producers. This provides for the aggregation of monazite supply streams, large-scale mine-independent extraction, and marketing of a rare-earth concentrate. Medallion is positioning itself to help satisfy a percentage of non-China demand for rare-earth elements by providing a rare-earth chemical concentrate to downstream separation processors. This approach is expected to have relatively low capital and operating costs, as it uses a high-purity, rare-earth-bearing monazite as input and a time-tested, commercially successful metallurgical process to extract the rare earths.

Medallion Resources Seeks Acquisitions

Medallion Resources Ltd. (TSXV:MDL) is seeking feedstock acquisition. Medallion announced a private placement of CAD 0.25 million and the proceeds will be used for metallurgical studies, monazite feedstock acquisition activities, plant site selection and working capital purposes.

 

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