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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

Post by JasleenDhakaon Feb 28, 2023 7:12pm
279 Views
Post# 35311204

Options out the Pomme REE carbonatite project to Mt Monger..

Options out the Pomme REE carbonatite project to Mt Monger..

Geomega Resources Inc./ TSXV: GMA:Options out the Pomme REE carbonatite project to Mt Monger Resources (ASX: MTM/MCAP: A$7M)

Our analyst opinion:  GMA has attracted an option partner for one of its non-core assets. MTM can acquire a 100% interest for A$520k in cash and shares, and A$2M in exploration expenses over three years. GMA will retain a 2% NSR.

Read our Weekly Industry Insights for more: https://www.researchfrc.com/our-near-term-outlook-for-the-us-and-metal-prices/

*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.

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