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geomega resources inc (GMA) Snapshot

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02/25/14 - C$1.06
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geomega resources inc (GMA) Details

GéoMégA Resources Inc. acquires, explores, and evaluates mining properties in Canada. The company focuses on rare earth elements, niobium, graphite, and gold deposits. It principally owns 100% interest in the Montviel rare earth elements/niobium project that consists of 187 claims covering 10,387 hectares and is located to the north of Lebel-sur-Quévillon, Québec. The company is based in Saint-Lambert, Canada.

geomega resources inc (GMA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$185.0K
Vice President of Exploration
Total Annual Compensation: C$133.1K
Compensation as of Fiscal Year 2013.

geomega resources inc (GMA) Key Developments

Geomega Resources Inc. Auditor Raises 'Going Concern' Doubt

Geomega Resources Inc. filed its Annual on Jul 22, 2014 for the period ending May 31, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Geomega Resources Inc. Announces the Resignation of Erik H. Martin as Chief Financial Officer

Geomega Resources Inc. announced that its Chief Financial Officer, Mr. Erik H. Martin, has resigned from the company to pursue other opportunities.

Geomega Resources Inc. Announces Conclusion of Tests Confirming Physical Separation of REE-Neighbour Series

Geomega Resources Inc. announced the successful conclusion of tests confirming physical separation of neighbour rare earth elements (REE) based on free flow electrophoresis technology. GéoMégA's proprietary physical separation process has the potential to reduce the capital required to build separation facilities compared to conventional techniques (that is fractional precipitation, ion exchange and solvent extraction), optimize REE recovery and mitigate environmental impacts. The objective of this series is to unveil the prominent potential of the technology to separate REE in a continuous process. Five sets of tests using different separation protocols have been selected for the neighbour series. They consist of three multi-element tests (A, B and C) associated with two complementary binary tests (B+ and C+). Synthetic mixture A contains Ytterbium (Yb), Dysprosium (Dy), Terbium (Tb) and Europium (Eu) representing the heavy to medium REE; Synthetic mixture B contains Europium (Eu), Neodymium (Nd), Praseodymium (Pr) and Lanthanum (La) representing the medium to light REE; Synthetic mixture B+ is the corresponding binary mixture to B, containing Pr and Nd. This result demonstrates the elemental separation of neighbours (that is Nd and Pr) when they occur together in some channels during the first separation pass; Synthetic mixture C contains Europium (Eu), Praseodymium (Pr), Cerium (Ce) and Lanthanum (La) representing the light REE; Synthetic mixture C+ is the corresponding binary mixture to C, containing Ce and Pr. This result demonstrates the elemental separation of neighbours (that is Pr and Ce) when they occur together in some channels during the first separation pass. All tests have been performed in a single pass using a laboratory scale prototype equipment; Total REE concentration is approximately 1 g/L (65 millimolar). The graphic results highlight the following features of the technology: ulticomponent separation of REE attained in a single pass; 100% purity separation of HREE is achievable in a single pass in the current process condition; 100% purity separation of medium to LREE is achievable in two passes in the current process condition; 100% purity separation of LREE is achievable in a continuous loop in the current process condition.


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