www.ressourcesgeomega.ca
GéoMégA is a Montreal-based exploration company focused on the discovery and development of economic deposits of Clean Technology metals in Quebec. The Province of Quebec is one of the world's most attractive jurisdictions for mineral exploration and development. Significant tax credits (40% of exploration expenditures reimbursed), experienced work force and validity of mining claims are all distinct advantages. As society emerges from fossil energy to a more efficient eco-friendly source, GéoMégA believes that the drivers of the 21st century Clean Technology metals are the Rare Earth Elements (“REE”). These elements are critical to clean energy technologies (electric vehicles, wind power turbines, light-emitting diode light source), existing and emerging high-tech uses (cell phones, fiber optics, lasers, hard disk drives) and numerous defense applications. These elements are the foundation of the 21st century's economic sustainability and durable development.
GeoMegA reports REE distribution at Montviel dominated by cerium, barium
GeoMegA Resources (CVE:GMA) announced Wednesday rare earth mineralogy results from seven samples taken from drill core at its Montviel property in Quebec, with the bulk composition of samples dominated by carbonate minerals.
The company said the main rare earth element (REE) minerals displayed in the samples were cerium, as well as barium.
Both minerals are fluoro-carbonates of the Bastnasite-Synchysite family, a large source of rare earth elements.
GeoMegA also found strong presences of monazite and pyrochlore minerals, which are abundant in some zones, and have high specific gravities that make them amenable to metallurgical concentrating processes, it said.
Distribution of the rare earth elements was found to be fairly consistent across the property, though mineralogy varied in different zones.
For example, monazite never appeared above 0.5% in any sample, except one from a high phosphate zone, which had contained 2.5% monazite and 27% apatite, a highly phosphorus mineral which is often used in the manufacturing of fertilizer.
It is estimated that the phosphorus zone represents about 14% of the total volume of the entire mineralized body, the company said.
The pyrochlore found contained all of the niobium and yttrium in the samples, GeoMegA added.
GeoMegA also said it has appointed Equapolar Consultants to oversee the rare earth metallurgical tests, which are due to begin in September. The tests are expected to be concluded in the first quarter of next year.
