NiobiumArticle below from earlier this year........the niobium side of the 43-101 could prove to be a hidden gem all on its own.
https://investorintel.com/technology-intel/steel-spurt-lift-demand-critical-metal-niobium/
- The timeline below obviously changed once Simon returned from Germany. Imagine that? A company changing their short term game plan in order to better suit investors over the long term ?? What's the small cap world coming to ?!?! Lol.......Joe have that party hat close by.-
REIN: In addition to developing that technology, GeoMegA has a project, Montviel, in Quebec. Could you tell me a little about it? Why should investors be excited about it?
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.
REIN: So Montviel is a REE and niobium project. Can you tell me a little about niobium?
SB: Niobium enhances steel strength, so it’s more of a structural material. Basically you powder some niobium into iron, and by doing that you’re able to increase its strength and therefore decrease the amount of iron that you need for a particular weight or resistance. So it’s more of an enhancer. It’s also used in specialty alloys for turbines and jet engines.
Niobium is a good by-product for Montviel. It is found together with the REE mineralization and there is a good grade correlation between the REEs and niobium.