First and Last Word on Metals and Mining

GeoMegA Resources

Exploring for Rare Earths in the Montviel Carbonatite of Quebec

Symbol
Last Price
Trade Date
Market Cap
Currency
Exchange
Primary Metal
Flagship Project Location
Company Type
$
Dec 31
$0M
Rare Earths
Quebec, Canada
Explorer
GMA.V GOMRF

Business Summary »

GeoMegA is exploring for rare earths in the carbonatite deposit at Montviel in southwestern Quebec and its initial program has revealed a large, well-mineralized deposit with good neodymium grades.

The Metal Augmentor Take »

When GeoMegA publishes its initial resource sometime in the 3rd quarter of 2011, its Montviel rare earths project will suddenly become one of the largest carbonatite resources in the world at perhaps 100 million tonnes of rock and 1+ million tonnes of total rare earth oxides (TREO). Carbonatite is valuable as a source of rare earths because it typically has simply mineralogy and has been historically the most common type of rock mined for rare earths. Thus there are commercial processing technologies already established for most carbonatite minerals. At Montviel, the rare earth oxides appear to be contained mainly in the intrusive body itself and therefore they are primary, which is important because many secondary rare earth minerals can form complex minerals during weathering and redeposition.

The prospects for a higher grade core to be exploited in initial operations are good with several zones of 2%+ TREO identified to date. Future drill programs will determine if these zones are contiguous or connected in a way that may allow selective mining of higher grades early in a mine plan. Moreover, the Montviel carbonatite appears to be elevated in neodymium, which is one of the most important rare earth elements and the one likely to be in the greatest demand-supply imbalance as a result of its use in high power magnets for wind turbines, advanced electric motors and other technologies.

The location of the deposit is the most attractive thing to us about Montviel. Southwestern Quebec has plenty of nearby infrastructure and few of the challenges faced by many of the other rare earth deposits currently being advanced toward development. As a result, even though Montviel has a late start on the competition, it should catch up with the others in a hurry.

Metal Augmentor Analysis »

End of Year Portfolio Review and Trading: Round 2 Rare Earths

Not so much a model portfolio but rather a filter for rare earth stocks that reflects our research in the sector, our Rare Earth Basket maintained in Collective2 has suffered along with the general decline in speculative juniors (of which … Login or Subscribe to read more →

THE Rare Earth Stock

Many of you may have noticed that we have been personally and through the Collective2 portfolio aggressively buying shares of our favorite rare earth exploration company, GeoMegA (TSX-V: GMA; Pink Sheets: GOMRF). We are excited by several incipient developments at … Login or Subscribe to read more →

Power Play in Quebec

One of the unrecognized rare earth junior explorers that we have been following and buying recently is about to have some interesting developments including the release of a maiden resource estimate and an annual shareholders’ meeting featuring a proxy battle … Login or Subscribe to read more →

Collective2 Diversified Rare Earth Company Basket

On Friday we launched the Diversified Rare Earth Company Basket, our third Collective2 portfolio. One way you can find out about the two model portfolios we launched previously is by searching the website — please see here. Our search feature … Login or Subscribe to read more →

Rare Earth Basket

We have been talking about creating a basket of rare earth companies for a while now. Today we are going to quickly go over the companies in the proposed basket, which will perhaps include a surprise or two for those … Login or Subscribe to read more →

Two Rare?

Some may judge us as too cruel for having spent months dangling in front of your faces the prospect of revealing the names of our top rare earth exploration/development companies. We apologize if it seemed a little like tempting a … Login or Subscribe to read more →

More Simple Math — A Junior Gold Explorer in Quebec

Valuations currently being applied to many junior exploration companies are reaching record levels, making it harder and harder to find companies with favorable risk to reward ratios. But look long and hard enough and you’re bound to discover a few … Login or Subscribe to read more →

Other Expert Analysis »

web design by Web Design Jakarta. WordPress code & SEO Optimized by WordPress Expert.