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GEOMEGA RESOURCES INC. INITIATES 10,000 METERS DRILL PROGRAM AT MONTVIEL
GEOMEGA RESOURCES INC. INITIATES 10,000 METERS DRILL PROGRAM AT MONTVIEL
About this update from Geomega Resources Inc.
[{"type":"text","content":"\n\n\n\n Dec. 7, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nMONTREAL, Dec. 7 /CNW Telbec/ - GEOMEGA RESOURCES INC. ("GéoMégA")\n (TSX-V: GMA) announces it has initiated a 10,000 meters drill program\n at Montviel. The winter program will include section drilling through\n the 3.1 km2 core of the carbonatite complex, as well as testing other satellite\n targets outlined from geophysical and geochemical surveys completed in\n previous years.\n\n\nThe Montviel property, located 200 km north of Val-d'Or in the Abitibi\n region of Quebec, encompasses the Montviel carbonatite complex which\n extends over an area of 32 km2 making it one of North America's largest carbonatite. GéoMégA has a\n staged option agreement with NioGold Mining Corp. (TSX-V: NOX) whereby\n it can earn up to 100% interest in the property. See details of the\n agreement in the November 11, 2010 press release.\n\n\nThe drill program will test the Montviel carbonatite complex for rare\n earth elements (REE) and niobium concentrations. Historical drilling\n performed in 2002, 8 shallow holes totalling 1,245 meters, revealed\n strong potential for these strategic minerals. The world's current most\n prolific REE and niobium deposits, namely Bayan Obo (REE, China),\n Mountain Pass (REE, USA), Mount Weld (REE, Australia) and Araxa\n (Niobium, Brazil) are all hosted in carbonatites.\n\n\n"The ultimate goal of GéoMégA is to identify a large open pit\n carbonatite-hosted R...