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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

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

Bullboard Posts
Comment by outonthetileson Nov 11, 2014 5:52pm
142 Views
Post# 23118777

RE:RE:GeoMegA Starts Initial Drilling Campaign on Anik

RE:RE:GeoMegA Starts Initial Drilling Campaign on Anik
lushlife wrote: Well that news went over like a lead balloon. Maybe they should redo the n.r. with more specifics.

They've had worse worded press releases then todays, that's for sure. This one was pretty clear and encouraging. This gold find shows big potential.....look at our neighbours. Plus Clayton is well experienced in this field. The only news that is going to get us going is tech news. It's where the money is and everyone is sitting waiting.....hence the low voume for months now.

This engineer stuff takes time. Seems longer then anyone originally thought. Hopefully its worth the wait. Best part of todays release below. Montviel and The Tech packaged with a big green bow on it.

Montviel REE project and Proprietary separation technology:

The Company will provide a status update on its Montviel REE project and proprietary separation technology in the upcoming weeks as it approaches the completion of its metallurgical works and energy balance optimization. Once completed, operating costs to produce a mixed REE concentrate from Montviel will be known and the updated 43-101 resource estimate disclosed. In addition, mixed REE concentrate produced from Montviel ore according to the final flow sheet will be used to resume testing of our separation technology.



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