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.

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Geomega Resources Inc

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Comment by outonthetileson Jul 29, 2014 9:43pm

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Post# 22792409

RE:The only way this goes up!

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.

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