Gabo Mining Ltd (MLLOF)

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Medallion Resources News release September 1 2020

Vancouver, BC – Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company” is pleased to announce the commencement of further rare-earth element (REE) process optimization test work at the Saskatchewan Research Council (SRC). The SRC has been a long-term research partner of Medallion, instrumental in the delivery of data for the design of Medallion’s proprietary REE- extraction technology that utilizes the REE-rich mineral monazite.

The current test work will provide additional detail on various stages in the breakdown of monazite and in the recovery of phosphate as a secondary product. Completion is anticipated within one month. The testing further develops key areas where the Medallion monazite process has advantages over the traditional process.

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