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GREAT WESTERN MINERALS GROUP LAUNCHES STEENKAMPSKRAAL FEASIBILITY STUDY
GREAT WESTERN MINERALS GROUP LAUNCHES STEENKAMPSKRAAL FEASIBILITY STUDY.
About this update from Great Western Minerals Group Ltd
[{"type":"text","content":"GREAT WESTERN MINERALS GROUP LTD. NEWS RELEASE TSX Venture Symbol: GWG CUSIP: 39141Y 10 3OTCQX: GWMGFGREAT WESTERN MINERALS GROUP LAUNCHES STEENKAMPSKRAAL FEASIBILITY STUDY June 9, 2010 - Saskatoon, Canada. Great Western Minerals Group Ltd. (\"GWMG\" or the “Company”, TSX:V - GWG) today announced that it has launched Phase 1 of its Bankable Feasibility Study process for the Steenkampskraal mine in South Africa.GWMG plans to bring the Steenkampskraal mine, a high grade former producer with a known process for recovering Rare Earths, back into production as one of the first new Rare Earth mines outside of China. Following the announcement of last week that the New Order Mining Right had been issued (June 3, 2010: “Steenkampskraal Mining Permit Issued by South African Government”), GWMG management authorized the appointment of SRK Consulting Engineers and Scientists of Johannesburg, South Africa to undertake Phase 1 of the project that includes the following components:· A review of all available historical technical reports, documents and data.· Site visit by the consultants, as required for compliancy purposes.· Identification of any additional licenses, permits, approvals, reviews and bonds required.· Timeline and cost estimates for the completion of additional project phases.“It was very important that GWMG move as quickly as possible to launch the feasibil...