Welcome!

News Feed Item

Geomega Resources Inc.: Separation of REE and Impurities from Commercial Mixed Concentrate

MONTREAL, QUEBEC -- (Marketwired) -- 05/14/14 -- Geomega Resources Inc. ("GeoMegA" or the "Company") (TSX VENTURE: GMA)

Highlights of this news release:


--  Simultaneous separation of REE and impurities
--  Separation of heavy REE ("HREE") and impurities in one separation step
--  Significant reduction in the number of steps required to purify REE
    compared to solvent extraction
--  Commercial mixed concentrate has similar distribution to the Montviel
    mixed concentrate

Geomega Resources Inc. ("GeoMegA" or the "Company") (TSX VENTURE: GMA), is pleased to announce the conclusive benchmark results confirming physical separation of rare earth elements ("REE") from a commercial mixed concentrate ("REE Concentrate"). GeoMegA's proprietary physical separation process has the potential to reduce the capital required to build separation facilities compared to conventional techniques (i.e. fractional precipitation, ion exchange and solvent extraction), optimize REE recoveries and mitigate environmental impacts.

The REE Concentrate was purchased on the open market to benchmark the Company's physical separation process. The table below demonstrates the elemental distribution of the REE Concentrate compared to the Montviel REE mixed concentrate produced at SGS Minerals Services in Lakefield (Canada) in October 2013.


          ------------------------------------------------------------------
                                                                Montviel REE
                        Elements       REE Concentrate           concentrate
----------------------------------------------------------------------------
Impurities                    Fe                0.01 %                0.22 %
          ------------------------------------------------------------------
                              Ba                0.01 %                0.05 %
          ------------------------------------------------------------------
                              Ca                0.14 %                3.99 %
          ------------------------------------------------------------------
                              Mg                0.01 %                0.06 %
          ------------------------------------------------------------------
                              Mn                0.01 %      less than 0.01 %
          ------------------------------------------------------------------
                              Al                0.12 %                0.06 %
          ------------------------------------------------------------------
                              Sr                0.07 %      less than 0.01 %
          ------------------------------------------------------------------
                               U                0.01 %      less than 0.01 %
          ------------------------------------------------------------------
                              Th      less than 0.01 %      less than 0.01 %
----------------------------------------------------------------------------
REE                           Sc                0.01 %                0.01 %
          ------------------------------------------------------------------
                               Y                0.05 %                0.20 %
          ------------------------------------------------------------------
                              La               25.82 %               25.58 %
          ------------------------------------------------------------------
                              Ce               49.78 %               47.93 %
          ------------------------------------------------------------------
                              Pr                5.83 %                4.71 %
          ------------------------------------------------------------------
                              Nd               16.22 %               14.50 %
          ------------------------------------------------------------------
                              Sm                1.23 %                1.61 %
          ------------------------------------------------------------------
                              Eu                0.18 %                0.30 %
          ------------------------------------------------------------------
                              Gd                0.37 %                0.56 %
          ------------------------------------------------------------------
                              Tb                0.04 %                0.04 %
          ------------------------------------------------------------------
                              Dy                0.05 %                0.12 %
          ------------------------------------------------------------------
                  Ho, Er, Tm, Yb                0.03 %                0.04 %
----------------------------------------------------------------------------

The objective of this test was to address the complexities of a commercial mixture, including the behaviour of impurities and to set a benchmark for future developments. The Company will use the same REE Concentrate for optimization testing until the initial scale-up parameters are set. Subsequently, testing will be performed with the latest Montviel REE concentrate.

The results reflect a single step separation without any pre-treatment on the REE Concentrate.


--  The single step separation was conducted in a laboratory-scale prototype
    equipment; and
--  Total REE Concentrate concentration is approximately 1 g/L.

The graphics (CLICK HERE) highlight the following results:


--  Simultaneous separation of REE and impurities;
--  Separation of the HREE and impurities achieved in a single step in the
    current process conditions; and
--  Cerium constitutes half of the concentration;

"Results show excellent simultaneous separation after one separation step without any recirculation. The number of steps required to purify all REE would be significantly less than the hundreds of steps currently required in solvent extraction. The efforts now shift towards increasing the concentration during the optimisation tests, which is scheduled to begin in June and expected to take up to 6 months. Material improvements will be disclosed throughout the process." comments Simon Britt, President and CEO of GeoMegA.

Added value due to REE separation technology

The selling price of a mixed REE concentrate depends largely on the REE elemental distribution and the nature of impurities. However, a concentrate with an excellent REE distribution is not ready to move down the supply chain since further elemental or alloy processing requires high purity individual REE. Therefore, the value of the REE in a mixed concentrate is significantly less (i.e. 25% to 100%) than those in pure form. The difference in market value between the mixed form and refined form of an individual REE is affected by the supply risk, required purity imposed by end-products and separation cost. As a result, having access to a REE refinery facility gives an immense advantage to a REE producer.

NRCC Boucherville research facilities

The test was performed by the Company's development partner in Germany. The Company conducted all assays at the National Research Council Canada laboratory in Boucherville, Canada. The assays were done on every sample using ICP-OES spectrometer.

Dr. Pouya Hajiani, Process Engineer, supervised and approved the technical information of this news release.

About GeoMegA (www.geomega.ca)

GeoMegA, which owns 100% of the Montviel REE/niobium project located in Quebec, is a mineral exploration and development company focused on the discovery and sustainable development of economic deposits of metals, such as REE, niobium and graphite, in Quebec. GeoMegA is committed to meeting the Canadian mining industry standards and distinguishing itself with innovative engineering, stakeholders' engagement and dedication to local transformation benefits.

48,849,883 common shares of GeoMegA are currently issued and outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautions Regarding Forward-Looking Statements

This news release contains forward-looking statements regarding our intentions and plans. The forward-looking statements that are contained in this news release are based on various assumptions and estimates by the Company and involve a number of risks and uncertainties. As a consequence, actual results may differ materially from results forecasted or suggested in these forward-looking statements and readers should not place undue reliance on forward-looking statements. We caution you that such forward-looking statements involve known and unknown risks and uncertainties, as discussed in the Company's filings with Canadian securities agencies. Various factors may prevent or delay our plans, including but not limited to, contractor availability and performance, weather, access, mineral prices, success and failure of the exploration and development carried out at various stages of the program, and general business, economic, competitive, political and social conditions. The Company expressly disclaims any obligation to update any forward- looking statements, except as required by applicable securities laws.

Contacts:
Simon Britt
President and CEO
GeoMegA
(450) 465-0099
info@ressourcesgeomega.ca

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
HyperConvergence came to market with the objective of being simple, flexible and to help drive down operating expenses. It reduced the footprint by bundling the compute/storage/network into one box. This brought a new set of challenges as the HyperConverged vendors are very focused on their own proprietary building blocks. If you want to scale in a certain way, let’s say you identified a need for more storage and want to add a device that is not sold by the HyperConverged vendor, forget about it...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
FinTech is the sum of financial and technology, and it’s one of the fastest growing tech industries. Total global investments in FinTech almost reached $50 billion last year, but there is still a great deal of confusion over what it is and what it means – especially as it applies to retirement. Building financial startups is not simple, but with the right team, technology and an innovative approach it can be an extremely interesting domain to disrupt. FinTech heralds a financial revolution that...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...