I noticed on the last news release that Stockwatch only posted half of the release......
I discovered this after reviewing Sedar this morning. Here is the full release:

Medallion had a great week!

19 August 2010

New Geophysical Data Expands Medallion’s Red Wine Rare-Earth Potential

Vancouver, BC – Medallion Resources Ltd (TSX-V: MDL) has received data

from its recently completed airborne geophysical survey on the company’s heavy

rare-earth project in the Red Wine district of Labrador. The new data both

expands and supports previous estimates on the area for rare-earth

mineralization. Strong magnetic and radiometric anomalies correspond to a

large area on Medallion’s 22-square-kilometre “A” block that is known to cover

the eudialyte-bearing south Red Wine intrusion. Eudialyte is recognized as a

mineral rich in the more valuable heavy rare-earth elements and is also

responding well to modern metallurgy techniques. Some experts believe that

eudialyte deposits may well be the world’s main source of heavy-rare-earth

elements.

The positive geophysical responses also aided in determining new, potentially

mineralized targets on the Company’s “B”, “C” and “D” blocks to the east and

north of the “A” block.

“This geophysical data adds significant support to the recognized rare-earth

potential of Medallion’s Red Wine property, stated, Dr Bill Bird, president of

Medallion. Dr Bird added: “We now have two bodies of evidence, geophysical

and historical mapping, to guide this month’s on-the-ground field work on the

company’s four Red Wine property blocks.”

Aeroquest Limited of Mississauga, Ontario, provided the fixed-wing Magnetic

Gradiometry and Radiometrics airborne geophysical survey. Flight lines were

100 metres apart and elevation above ground was nominally 50 metres.

Aeroquest flew 668 line kilometres covering all four of the company’s Red Wine

property blocks.

Geological mapping carried out by the Geological Survey of Canada first

identified the south intrusion as one of the few large areas of the Red Wine to

commonly contain concentrations of the mineral eudialyte, which, with

mosandrite, is the main carrier of the rare-earth elements at Red Wine. (Curtis, L

W, and K L Currie, 1981, Geology and petrology of the Red Wine alkaline

complex, Central Labrador: Geological Survey of Canada, Bulletin 294, 61

pages.)

Medallion Resources Ltd (TSX-V: MDL) is exploring for large low-cost “heavy”

rare-earth-element (REE) deposits with a clear metallurgical path and costeffective

infrastructure. REE’s are key components required by many new

energy-saving technologies including wind turbines, electric and hybrid vehicles,

super magnets and all modern electronics. Medallion is headed by REE veteran

Dr Bill Bird with support from an expert technical team that can meet the

challenges of evaluating and cost-effectively exploring the best REE projects.

Medallion is exploring 4225 hectares of the Red Wine peralkaline intrusion in

southern Labrador under an agreement (subject to regulatory approval) to option

six mineral licenses. The Red Wine intrusion is known to contain elevated values

of the “heavy” REE’s. The company is also exploring the Eden Lake REE

property in western Manitoba, under an option agreement with Rare Element

Resources (TSX-V: RES, NYSE AMEX: REE) to earn a 65% interest. Eden Lake

is a recent discovery with potential for high neodymium values and significant

heavy REE by-products.

ON BEHALF OF THE BOARD OF DIRECTORS

“William H Bird”, PhD, PGeo

President & CEO

For further information visit www.medallionresources.com or contact:

William H Bird PHd, PGeo (604) 681-9558 williambird@medallionresources.com

Erica C Bearss MBA (604) 681-9558 ebearss@medallionresources.com