Geomega Resources Inc V.GMA

Alternate Symbol(s): GOMRF

Metals & Mining Industrial Metals & Minerals

Geomega Resources Inc. is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. The Company is a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials. Through its wholly owned subsidiary Innord Inc. (Innord), the Company is developing innovative 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 in an environmentally sustainable way. With a focus on renewable energies, vehicle electrification, automation and reduction in energy usage, rare earth magnets or neo-magnets (NdFeB) are at the center of all these technologies. The two most advanced projects for the Company are the rare earth magnet recycling and bauxite residue processing and vaporization. It also owns the Montviel rare earth carbonatite deposit.

TSXV:GMA - Post by User

Geomega Resources Inc

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Post by miner49er2on Apr 28, 2011 3:12pm

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Post# 18502419

Niobium @Montviel

Nb2O5 (Niobium Oxide) average price: US $50/kg (2010/2011)

The rare-earth mineral-bearing carbonatite has presently been identified over a strike length of 700 m, a 400-m width and to a vertical depth of 450 m below surface.

DRILL HOLES WITH SIGNIFICANT NIOBIUM OXIDE MINERALIZATION - MONTVIEL
MVL-11-06: 0.111% Nb2O5 over 485.45 m
MVL-11-07: 0.129% Nb2O5 over 489.6 m (incl O.208% over 108.8 m)
MVL-11-08: 0.072% Nb2O5 over 480.9 m (incl 0.285% over 26.8 m)