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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

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

Bullboard Posts
Comment by outonthetileson Jun 18, 2014 9:40pm
138 Views
Post# 22673547

RE:RE:Indeed a great article - There is a plan

RE:RE:Indeed a great article - There is a plan

Many interesting tidbits to bite on in that article.
This is one of the best parts:

"SB
: The updated resource for Montviel is a couple of weeks away, which is significant. The initial resource estimate was published back in September 2011. Since then, we have drilled an additional 26,000 meters and identified a REE and niobium enrichment zone within the Core Zone and a heavy REE zone in the south wall rock of the Core Zone. What you want to look for there will be the cut-off grade, which is an educated estimate of the operating cost per tonne that should be reflected in the PEA.

The PEA will be on a concentrate base case, and if we can package the separation results and prove it before and after, specifically with the Montviel concentrate, then I think we’ll disclose all the possibilities that the resource holds. Timing of the release will be disclosed as we progress through the summer vacation period."

Bullboard Posts