03:44 PM EST - Medallion Resources Ltd : announced that the recent bench-scale metallurgical testing of its rare-earth extraction process has produced a calcium phosphate by-product. Phosphate typically makes up 24-29% of the mineral monazite, which is the feedstock for the Company's rare-earth extraction process. The phosphate is liberated and made available during the extraction process and converted to calcium phosphate. This by-product, once in production, could represent an additional revenue stream for the Company. Medallion Resources Ltd
shares V.MDL are trading unchanged at $0.04.