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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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
Bullboard Posts
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(2)
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Post by Mouloukon Jun 02, 2015 5:18am
155 Views
Post# 23787611

Plan Nord - Investment

Plan Nord - Investment
It would be interesting to hear from GMA on the impact of the investment of the Quebec government in the Lebel-sur-quevillon airport. This investment is part of the Plan Nord.

In the new corporate presentation dated May 2015, I have not seen any reference to the use of the airport (but I found references to roads and electricity).  If this investment from the Plan Nord benefits GMA, it would be an interesting fact to know.

From what I understand, 2 other companies could benefit from the airport: Fortress paper (which currently does not operate since it bought a factory in Lebel in 2012, but is looking to sell its business) and Nyrstar, which operates the Langlois mine and 265 employees work there  (Nyrstar website: https://www.nyrstar.com/operations/Pages/mining.aspx ). Lebel seems to have a population of circa 2250 persons.

Moulouk
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities