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 May 05, 2011 8:31am

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Post# 18533150

Analyst>"So far, results at Montviel have been ver

Northern Securities Report for Niogold Mining Corporation - Montviel and Pump Lake optioned to GMA
May 4, 2011
https://niogold.com/wp-content/uploads/2011/05/20110504-NioGold-Report.pdf

Relevant excerpts:

So far, results at Montviel have been very positive and we believe GéoMégA’s could accelerate the earn-in to own 100% of the projects.

Note: At the last quarter, ending February 28, 2011, NioGold held cash of $7.1 million, marketable securities of $2.7 million (comprising the 1.1 million GéoMégA, which have traded in a range around $3.50 to $4.50) and no long term debt.

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