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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 Haidukon Jun 17, 2015 12:26pm
178 Views
Post# 23839892

RE:Resource Update...

RE:Resource Update...
The initial Resource Estimate was based on 1% Cutt-off TREO, the updated one shows (seemingly) around 1.5%, hence some variations versus initial Indicated and Inferred resources…

https://ressourcesgeomega.ca/wp-content/uploads/2014/11/Montviel-initial-NI-43-101-resource-calculation.pdf

But this should be confirmed by an „expert” who should also interpret the info available so far. Some explanations (or more encouraging statements) should be provided by the Management… and I presume there will be some “independent reports” in the near future…

Bullboard Posts