Medallion Resources Ltd.

Published : October 01st, 2015

Nevada Sunrise Appoints David Shaw to Advisory Board

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Nevada Sunrise Appoints David Shaw to Advisory Board

TSXV: NEV

VANCOUVER , Oct. 1, 2015 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (NEV.V) is pleased to announce the appointment of Dr. David Shaw to its Advisory Board as a technical advisor in the field of lithium exploration.

Dr. David Shaw has in excess of three decades of experience in the resource and finance industry with specific emphasis on technical and financial due diligence of resource projects. He attained a Bachelor of Science, Geology from the University of Sheffield, England in 1973 and his Ph.D. in Structural Geology from Carleton University , in Ottawa, Canada in 1980.

Dr. Shaw spent seven years with Chevron Resources in Calgary, AB , and Vancouver, BC , employed initially as an in-house structural consultant on both metal and hydrocarbon exploration programs. Upon leaving Chevron, he initiated and developed the Resource Research Group at Charlton Securities Ltd., Calgary before assuming the position of Senior Mining Analyst, Corporate Finance, at Yorkton Securities Inc. in Vancouver .

In 2009, David acted as Chairman of Salares Lithium Inc. ("Salares"), and from inception assisted in the development of its Chilean lithium brines project. Salares was acquired in 2010 by Talison Minerals Pty. of Australia to form Talison Lithium Inc., the world's largest pure lithium company. Dr. Shaw served as a director of Talison until it was acquired by Chengdu Tianqi Industry (Group) Co., Ltd. in 2013 for over CDN$800 million .

Throughout David's career, he has built strong relationships with European financial institutions and the global mining community. He is currently a director of First Majestic Silver Corp. (NYSE: AG; TSX: FR), First Mining Finance Corp. (FF.V), Great Quest Fertilizer Ltd. (GQ.V) and Medallion Resources Limited (MDL.V).

About Nevada SunriseNevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC , Canada , that holds interests in four exploration projects in Nevada, USA . Our three key gold assets include a 21% interest in a joint venture with Pilot Gold Inc. at Kinsley Mountain near Wendover , a 100% interest in the Golden Arrow project near Tonopah , and a 100% interest in the Roulette gold property in the southeastern Carlin trend near Ely , with each of the properties subject to certain production royalties. The Neptune lithium property near Silver Peak is the Company's first acquisition in the field of lithium exploration.

FORWARD LOOKING STATEMENTSAll statements in this release, other than statements of historical fact, are "forward-looking information" with respect to Nevada Sunrise Gold Corporation ("Nevada Sunrise") within the meaning of applicable Canadian securities laws, including statements that address future mineral production, reserve potential, exploration drilling, the future price of precious metals or lithium, potential quantity and/or grade of minerals, potential size of a mineralized zone, potential expansion of mineralization, the timing and results of future resource estimates, or other study, proposed exploration and development of our exploration properties and the estimation of mineral resources. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Nevada Sunrise to differ materially from those anticipated in such forward-looking information.

Such factors include, among others, risks related to the interpretation and actual results of historical exploration at the Neptune property, reliance on technical information provided by third parties on any of our exploration properties, including access to historical information on the Neptune property, current exploration and development activities; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for the Nine Months ended June 30 , 2015,  which is available under Company's SEDAR profile at www.sedar.com.

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

Forward-looking statements are made as of the date hereof and accordingly are subject to change after such date. Except as otherwise indicated by Nevada Sunrise, these statements do not reflect the potential impact of any non-recurring or other special items or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur after the date hereof. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Nevada Sunrise does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release. The Securities of Nevada Sunrise Gold Corporation have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to the account or benefit of any U.S. person.

SOURCE Nevada Sunrise Gold Corporation

Image with caption: "Nevada Sunrise Gold Corporation (CNW Group/Nevada Sunrise Gold Corporation)". Image available at: http://photos.newswire.ca/images/download/20151001_C4662_PHOTO_EN_512087.jpg

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Medallion Resources Ltd.

EXPLORATION STAGE
CODE : MDL.V
ISIN : CA5839351015
CUSIP : 583935 10 1
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Medallion Res. is a iron and titanium exploration company based in Canada.

Its main exploration properties are RED WINE and ROMAINE RIVER in Canada.

Medallion Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 5.0 millions as of today (US$ 4.0 millions, € 3.5 millions).

Its stock quote reached its highest recent level on October 23, 1996 at CA$ 7.75, and its lowest recent point on July 24, 2015 at CA$ 0.01.

Medallion Res. has 84 090 000 shares outstanding.

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Annual reports of Medallion Resources Ltd.
Annual Report 2008
Annual Report 2007
Financings of Medallion Resources Ltd.
4/8/2015Announces $250,000 Private Placement
1/14/2015Closes Second Tranche of $250,000 Private Placement
10/18/2013Applies for Warrant Extension
7/17/2013Reports Exercise of Warrants for Approximately $400,000
6/25/2013Closes $400,000 Private Placement
6/10/2013Announces Private Placement
10/5/2009 $300,000 Private Placement Financing
2/20/2008Closes oversubscribed private placement
Project news of Medallion Resources Ltd.
6/20/2013Partners With Takamul Investment Company to Evaluate Rare-Ea...
3/15/2011Dr. Bill Bird of Medallion Resources is quoted in article Ch...
Corporate news of Medallion Resources Ltd.
7/6/2016Medallion Announces $300,000 Private Placement
6/7/2016Medallion Appoints Mark Saxon to Advisory Board
4/8/2016Medallion Plans Pilot-Scale Tests of Rare Earth Extraction P...
1/28/2016Medallion Resources – 2016 Plans
1/28/2016Medallion Resources -- Plans for 2016
10/26/2015Medallion Provides Rare Earth Product Samples to Industry
10/22/2015Medallion Resources Completes Private Placement
10/1/2015Nevada Sunrise Appoints David Shaw to Advisory Board
9/26/2015Medallion Clarifies Previously Announced Private Placement
9/25/2015Medallion Clarifies Previously Announced Private Placement
9/17/2015Medallion Resources Arranges $225,000 Private Placement
8/25/2015Rare-Earth Extraction Tests Produce Phosphate By-Product
8/12/2015IIROC Trading Resumption - MDL
8/12/2015Medallion’s Metallurgical Tests Yield a Refinery-Ready Rare ...
8/12/2015Medallion's Metallurgical Tests Yield a Refinery-Ready Rare ...
8/11/2015IIROC Trading Halt - MDL
8/4/2015Medallion Appoints Agent to Source South-East Asian Monazite
4/21/2015Private Placement Increased to $325,000
4/20/2015Private Placement Increased to $325,000
4/9/2015Medallion Increases Private Placement to $300,000
4/8/2015Medallion Announces $250,000 Private Placement
3/16/2015@INN_RareEarth
3/10/2015Medallion Resources Appoints R+R Consulting
3/2/2015Medallion Resources Appoints R+R Consulting
1/29/2015Medallion Provides Business Strategy Update
11/7/2014Medallion Announces $200,000 Private Placement
10/31/2014Medallion Initiates Laboratory-Scale Rare Earth Monazite Pro...
10/31/2014Medallion Announces Management Changes and Reports 2014 Annu...
10/30/2014Medallion Initiates Laboratory-Scale Rare Earth Monazite Pro...
10/8/2014Medallion Announces Management Changes and Reports 2014 Annu...
9/8/2014Medallion Resources Announce Extension of MOUs
7/8/2014Medallion Resources Appoints David Shaw to Board of Director...
6/4/2014Medallion Closes $700,000 First Tranche of Private Placement
5/21/2014Medallion Resources Announces $1,000,000 Private Placement
10/25/2013Clarifies Disclosure
9/30/2013Announces Results From 2013 Annual and Special Meeting of Sh...
9/18/2013to Attend Swiss Mining Institute Conferences in Zurich and G...
7/9/2013and Arab Mining Company to Develop and Finance Rare-Earth Op...
2/19/2013Provides Corporate Update
11/5/2012Completes Initial Technical Plans for Rare-Earth Processing ...
12/20/2011Rare Earth Mining Innovations Interview with Anthony Mariano...
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TSX-V (MDL.V)OTHER OTC (MLLOF)
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