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Geomega Resources Inc GOMRF


Primary Symbol: V.GMA

Geomega Resources Inc. is a Canada-based company. The Company is engaged in the acquisition, exploration and evaluation of mining properties in Canada. The Company's wholly owned subsidiary Innord Inc, which is engaged in developing technologies for extraction and separation of rare earth elements and other critical and strategic metals from its mining properties and other mining and industrial waste. The Company owns Montviel property, which is located approximately 100 km north of Lebel-sur-Quevillon and 45 km west of the Cree First Nation of Waswanipi. The Montviel property comprises 96 mining claims totaling 5,333 hectares. The project is comprised of 178 cells, for a total of approximately 9,910 hectares.


TSXV:GMA - Post by User

Comment by outonthetileson Apr 02, 2021 9:47am
289 Views
Post# 32931715

RE:Giti

RE:Giti

 


We see Geomega as the role model for sustainable rare earth element production outside China.

Apart from recycling, Geomega also own one of the 10 largest rare earth deposits world-wide. Montviel is also the largest rare earth bastnaesite NI43-101 resource in North America. Geomega own the patent for the related metallurgical process since July 2020.

For us these are compelling reasons to take a position and as of April 1, 2021 we are taking an initial long position in GMA.V stock.

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