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Medallion Advances Eden & Red Wine Rare Earth Projects
Medallion Advances Eden & Red Wine Rare Earth Projects
About this update from Gamma Resources Ltd.
[{"type":"text","content":"\nMedallion Advances Eden & Red Wine Rare Earth Projects\n\n\n Sep. 9, 2010 (TheNewswire.ca) -- Vancouver, BC - Medallion Resources Ltd (TSXV:MDL) (TSX-V: MDL) announces significant exploration progress at both its rare-earth-element (REE) projects, the Eden REE Project in Manitoba and the Red Wine Heavy-REE Project in Labrador.Eden REE ProjectThis first-phase of the 2010 field program is designed to identify, through mapping, sampling and field checking of all previous property data, the most promising rare-earth mineralization. The field team has mapped large surface areas of mineralized and fenitized (alkali metasomatism) syenite and related REE-bearing rocks, which are now the focus of exploration. Of the four major styles of REE mineralization that occur on the Eden property, this particular fenitized rock, with its extensive exposures right at the surface, has the best potential to be mined most cost effectively. Work has now shifted to evaluating the REE content of the fenitized rock with a program of detailed diamond-saw channel sampling. For the larger outcrop areas, grids will be laid out and sampled using a concrete drill, which produces core-like samples that are equivalent, as a representative sample, to sawn channels. Assays are expected in approximately one month.Red Wine Heavy-REE ProjectThe field crew has reported widespread areas containing the REE-bearing mineral eudialyte during its first examination of Medallion's four Red Wine property blocks (six licenses covering over 42 square kilometers). The largest of the eudialyte areas is at the centre of the Red Wine South intrusion (covered by Medallion's Block \"A\"). In this area, three intrusive bodies, which average approximately one kilometre in length and 200 metres in width, were mapped and noted to contain common eudialyte by the Geological Survey of Canada (reported in 1981). Medallion's field crew has confirmed the Geological Survey of Canada's mapping and eudialyte identification -- major rock types have been sampled for assay and mineralogical study.\"Field work at the Eden and Red Wine properties is progressing very well,\" reports Dr Bill Bird, president of Medallion. \"Our strategy is to target potential large-tonnage neodymium and heavy REE properties with mineralogy that indicates a cost-effective metallurgy. Initial indications are that both ...