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Medallion Resources Ltd

09:58 AM EST - Medallion Resources Ltd : Provided an update on its recent business developments. The Saskatchewan Research Council and the Company identified additional prospects for further testing prior to finalizing the process flow sheet. Medallion anticipates that, within a few months, testing will be complete and a final process flow sheet will be available for engineering estimates on the capital costs for a commercial monazite rare earth extraction plant. Medallion Resources Ltd.
shares V.MDL are trading unchanged at $0.09.