Resource News

Medallion Resources reports results from its previous sampling which supports potential for high neodymium and heavy rare-earth-element  values at the Eden REE project, Manitoba. Collation of this previous data provided a secure population of 254 geochemical rock samples representing 60 distinct mineral suites from throughout the project’s eight-square-kilometre REE mineralized area. Bill Bird, Medallion Resources’ President says: “These distribution …

Medallion Resources reports results from its previous sampling which supports potential for high neodymium and heavy rare-earth-element  values at the Eden REE project, Manitoba.

Collation of this previous data provided a secure population of 254 geochemical rock samples representing 60 distinct mineral suites from throughout the project’s eight-square-kilometre REE mineralized area.

Bill Bird, Medallion Resources’ President says:

“These distribution percentages provide a very encouraging indication of the potential value of the Eden REE occurrence. The best news is the very high percentage of neodymium, which, due to its demand for super magnets and for electric-vehicle motors and generators , currently is the highest-priced light REE ” 

For complete press release, click here.

For Medallion Resources’ company profile, click here.

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