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Last C$0.17 CAD
Change Today +0.01 / 6.45%
Volume 2.0K
GMA On Other Exchanges
As of 9:45 AM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

geomega resources inc (GMA) Snapshot

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04/2/14 - C$0.81
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geomega resources inc (GMA) Details

GéoMégA Resources Inc. acquires, explores, and evaluates mining properties in Canada. The company focuses on rare earth elements, niobium, graphite, and gold deposits. It principally owns 100% interest in the Montviel rare earth elements/niobium project that consists of 187 claims covering 10,387 hectares and is located to the north of Lebel-sur-Quévillon, Québec. The company is based in Saint-Lambert, Canada.

geomega resources inc (GMA) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$185.0K
Chief Technology Officer
Total Annual Compensation: C$125.0K
Vice President of Exploration
Total Annual Compensation: C$135.0K
Compensation as of Fiscal Year 2014.

geomega resources inc (GMA) Key Developments

Geomega Resources Inc. Announces Final Results of its Initial Drilling Campaign

Geomega Resources Inc. announced the final results of its initial drilling campaign completed on January 28, 2015 on its wholly owned Anik projet. Of the 22 drill holes completed, 13 investigated the gold showings (Bobby, Orbi and Mirador) and 9 investigated regional targets having combined geophysical and/or geochemical anomalies (soils). The final 7 drill holes completed in January 2015 allowed to verify the extensions of the Orbi and Bobby showings and the discovery of new mineralized alteration zones. Orbi zone: Drill holes AK-15-16 and 17B intersected the silicified and mineralized schist zone with quartz veins characterizing the Orbi showing. In addition, at the beginning of drill hole AK-15-16, a new mineralized sedimentary unit with quartz veins containing visible gold has been identified. The actual gold content of the sample, after re-assay for total gold, is 19.45 g/t Au over 1 meter. The Orbi zone is open at depth and to the East. Bobby zone: Drill hole AK-15-21 intersected at a depth of 115 meters a zone of intense silicification accompanied by quartz veins and veinlets characterizing the Bobby showing. An enrichment in arsenic has also been identified. Drill holes AK-15-18 and 19B investigated the periphery of the alteration zone and intersected it over several meters. The Bobby zone is open at depth.

Geomega Resources Inc. Announces Executive Changes

Geomega Resources Inc. announced the appointments of Dr. Pouya Hajiani as Chief Technology Officer, Mr. Derek Lindsay as Chief Financial Officer and Mr. Kiril Mugerman as Director of Corporate Development. All appointments are effective immediately. Dr. Hajiani joined the management team in February 2013 and brings experience in process design and optimization to GéoMégA. Mr. Lindsay replaces Mr. Simon Britt who held the position on an interim basis. He brings broad experience, in Canada and internationally, from senior finance roles at Arianne Phosphate Inc., Cryocath, Aeroplan, and Bell Canada International as well as Imasco and CIBC Wood Gundy. Mr. Mugerman joined the management team in September 2014 and brings both technical and financial experience to GéoMégA.

Geomega Resources Inc. Announces the First Results of its Initial Drilling Campaign on the Anik Project

Geomega Resources Inc. announced the first results of its initial drilling campaign ("Phase 1") which is currently ongoing on the Anik project. To date, 17 drill holes have been completed for 3,837 meters. Of the fourteen (14) first drill holes that have been compiled, six (6) investigated the showings (Bobby, Orbi and Mirador) and eight (8) investigated regional targets having combined geophysical and/or geochemical anomalies (soils). All gold mineralized intersections of drill holes ANK-14-02 to ANK-14-06 presented very silicified metric intervals with veins and veinlets of quartz mineralized in pyrite within shear corridors with alterations in sericite, ankerite and locally fuchiste. The shear corridors can crosscut sedimentary units, mafic and felsic volcanics, gabbros and diorites. The width ranges from a few meters to several tens of meters. The regional targets have returned no significant value (greater than 0.50 g/t Au).


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