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Medallion Resources Ltd (TSX-V: MDL; OTCPK: MLLOF) has been working for a number of years on a smart approach to achieve significant and low-cost production of rare-earth magnet metals. Our plan focusses on processing monazite, a readily available by-product mineral. Monazite is a phosphate mineral containing 60% rare earths and is the world`s original commercial rare-earth source. Monazite remains available as a by-product from North American, Australian and African heavy mineral-sands operators. Medallion believes that this is the best new non-Chinese source of NdPr and other rare earths. Given the long timeframes and high-capital investment required to develop new mining operations, Medallion offers lower risk and a viable alternative to deliver near-term magnet metals.
Dunsmuir Ventures Ltd. is a Vancouver, BC-based company in the Agriculture and Mining sector.
Karnalyte Resources’ vision is to become a leading low-cost producer of high quality, low sodium potash for agricultural and industrial markets. The Company intends to construct and operate a solution mining facility capable of producing 2.125 million tonnes of potash per year. The production plan calls for a staged approach to plant construction whereby the first phase of the project will result in production of 625,000 tonnes of potash per year and increase to 2.125 million tonnes of potash per year.
Spruce Ridge Resources Limited, an exploration stage company, engages in locating, acquiring, and exploring mineral resources in Canada. The company primarily explores for uranium, gold, silver, and base metals. It primarily focuses on exploring the Kramer gold property located in western Newfoundland. The company also holds interests in two gold properties located in the Beardmore-Geraldton greenstone belt of northwestern Ontario and two uranium properties in Newfoundland. In addition, it has a 50% joint venture with RX Gold & Silver Inc. to hold interest in the Drumlummon Mine in Montana; and an option agreement with Nevada Exploration Inc. to acquire a 100% interest in the Fletcher Junction gold property located in Mineral County, Nevada. Spruce Ridge Resources Limited was incorporated in 1989 and is based in Simcoe, Canada.
Liberty Star Gold Corp is a Tucson, AZ-based company in the Agriculture and Mining sector.