Electric distribution grid 60 km from the project.

Electric distribution grid 60 km from the project.

Permanent access all year round with oversize logging road.

Permanent access all year round with oversize logging road.

Rock core presentation from 2013 site visit.

Rock core presentation from 2013 site visit.

Drilling core: mix of Ferro, Silico and Calcio-Carbonatite mineralized in REE and Niobium.

Drilling core: mix of Ferro, Silico and Calcio-Carbonatite mineralized in REE and Niobium.

  • Project overview

    GéoMégA is developing its 100% owned Montviel Rare Earths Elements (REE) / Niobium project (“MONTVIEL” or the “Project”).
    MONTVIEL benefits from public infrastructure and available labour in the immediate area. The Project site is located approximately 100 km north of Lebel-sur-Quévillon (pop. 2,800) and 45 km west of the Cree First Nation of Waswanipi (pop. 1,800) in the urbanised southern part of Northern Quebec.
    The Project carries a 2% net royalty to NioGold Mining Corp. (TSX.V: NOX). There are no environmental liabilities pertaining to the Project nor is the Project subject to any litigations. The only permits required to conduct work are the forestry management permits. There is no mining infrastructure on the Project site.

    • Location

    • Project details

      MONTVIEL is comprised of 164 cells, for a total of approximately 9,100 hectares.
      MONTVIEL has permanent access via a network of oversize logging roads, after a 57 km drive from highway 113, which connects Val d’Or and Chibougamau. Heavy equipment can be mobilized by truck directly to the Project site.
  • Geology

    MONTVIEL is located in the eastern part of the Superior geological province, at the junction between the Opatica and Abitibi sub-provinces. The Montviel alkaline intrusion, dated at 1,894 Ma, is enclosed in the Nomanstonalite, dated at 2,708.9 Ma.
    It is mainly composed of a carbonatite intrusion measuring approximately 10 x 3 km for a total of 32 square km. The ferrocarbonatite Core Zone,where the highest REE and Niobium values have been found to date, covers an area of approximate 3 square km. To date, GéoMégA has defined the REE/Niobium mineralized ferrocarbonatite over a length of 900 meters (NE-SW), a width of 650 meters (NW-SE) and vertically up to 750 meters in depth.

    • Heavy rare earths zone


      Located on the southern margin of the Core Zone, the heavy REE zone (“HREE-S Zone”) was intersected by five (5) drill holes over a length of 350 m (East-West), 20 m wide (North-South) and 230 m vertically. The zone remains open at depth.
      The heavy REE enriched minerals are fluorocarbonates similar to those found in the Core Zone. The 3D modeling and the mineralogical and geochemical characterization, realized in collaboration with the “Université du Québec à Montréal”, resulted in a geological interpretation of the HREE-S Zone. In addition, this work identified a new heavy REE zone, located on the North-western margin of the Core Zone (CLICK HERE).
      “The width of the HREE-S Zone, and the preliminary interpretation of a 2nd zone, confirm the excellent potential of the Montviel carbonatite to contain heavy REE enrichment.” comments Alain Cayer, Vice-President Exploration of GéoMégA. Drill holes MVL-13-80 and MVL-13-82 completed Phase 3 and defined the east and west extremities of the HREE-S Zone.

      • Phase 3 Highlights

        Phase 3 Highlights – (Diamond Drilling of 2,058 metres)

        Hole

        Section/Dip/ Azimuth

        From

        To

        Core Length(1)

        TREO(2)

        Dysprosium

        oxide

        Neodymium oxide

        Europium

        oxide

        Terbium oxide

        (m)

        (m)

        (m)

        (%)

        ppm

        ppm

        ppm

        ppm

        77

        7+25W/ 150º/ -45º

        172.5

        181.85

        9.35

        1.13%

        101

        2,389

        103

        28

        196.6

        205.1

        8.50

        0.85%

        118

        1,606

        85

        30

        78

        6+35W/ 150º/ -45º

        180.0

        207.35

        27.35

        1.43%

        170

        2,495

        118

        40

        Inc. 183.0

        190.5

        7.50

        2.38%

        384

        4,667

        242

        90

        Inc. 183.0

        184.5

        1.50

        1.13%

        830

        1,662

        230

        172

        79

        5+45W/ 150º/ -45º

        231.0

        243.0

        12.00

        1.85%

        101

        2,896

        129

        25

        81

        8+15W/ 150º/ -45º

        186.0

        208.5

        22.50

        0.69%

        105

        1,388

        77

        24

        83

        7+70W/ 150º/ -45º

        240.0

        253.5

        13.50

        0.76%

        112

        1,595

        87

        28

        259.5

        267.0

        7.50

        0.66%

        112

        1,610

        75

        28

        282.0

        300.0

        18.00

        0.55%

        100

        1,190

        74

        25

        1. True width is estimated between 60 to 75% based on structural interpretation of the HREE-S Zone.

        2. Cerium, Lanthanum, Neodymium, Praseodymium are the most abundant rare earth oxides.

        3. 0.1% = 1 kg/ton ; 1 ppm = 1 gram/ton

       

       

    • Drill sections

      Click on the links below to open the corresponding sections (Surface plan with the drill section grid in the previous section “Core Zone”):


      • 6+80W

        Azimuth view: 240º; Corridor: 45m.


      • 6+35W

        Azimuth view: 240º; Corridor: 45m.


      • 5+90W

        Azimuth view: 240º; Corridor: 45m.


      • 5+45W

        Azimuth view: 240º; Corridor: 45m.

       


      • 5+00W

        Azimuth view: 240º; Corridor: 50m.


      • 4+50W

        Azimuth view: 240º; Corridor: 50m.


      • 4+00W

        Azimuth view: 240º; Corridor: 100m.


      • 3+00W

        Azimuth view: 240º; Corridor: 100m.

       

    • 3D Modeling


      Note: Loading time of the 3D model may vary depending on the internet connection speed.
      This preliminary 3D modelling helps spatially visualize Montviel deposit and the proposed access ramp.
      This model and any associated infrastructure in it is subject to change in the future without any prior notice.
  • Resource estimate

    Figure 1: Montviel – 2015 Resource Estimate

    Total Mineral Resources

    NSR Value(CAD$/tonne) Category MillionTonnes TREOGrade (%) Pr2O3 Nd2O3 Eu2O3 Nb2O5
    Grade (ppm) Contained (M kg) Grade (ppm) Contained (M kg) Grade(ppm) Contained (M kg) Grade (ppm) Contained (M kg)
    335 Indicated 82.4 1.51 766 63.2 2,452 202.0 52 4.3 1,715 141.3
    312 Inferred 184.2 1.43 746 137.4 2,433 448.3 47 8.7 1,315 242.3

    Dysprosium Zone (included in Total mineral resources above)

    NSR Value(CAD$/tonne) Category MillionTonnes TREOGrade (%) Pr2O3 Nd2O3 Tb2O3 Dy2O3
    Grade (ppm) Contained (M kg) Grade (ppm) Contained (M kg) Grade(ppm) Contained (M kg) Grade (ppm) Contained (M kg)
    234 Indicated 0.37 0.84 421 0.2 1,628 0.6 26 0.01 109 0.04
    241 Inferred 2.58 0.94 459 1.2 1,693 4.4 23 0.06 94 0.24

     
    – Mineral resources are estimated and reported in compliance with NI 43-101. Mineral resources are not mineral reserves and do not have demonstrated economic viability.
    – Mineral resources are estimated and reported in compliance with NI 43-101.
    – Mineral resources are estimated at an NSR cut-off value of CA$180 per tonne.
    – Discounted metal price assumptions for REO of: US$4.70/kg for La2O3, US$2.90/kg for Ce2O3, US$64.50/kg for Pr2O3, US$57.30/kg for Nd2O3, US$5.80/kg for Sm2O3, US$501.20/kg for Eu2O3, US$10.80/kg for Gd2O3, US$572.80/kg for Tb2O3, US$304.30/kg for Dy2O3 and US$7.20/kg for Y2O3.
    – Metal recovery assumptions: 90.8% for La2O3, 87.9% for Ce2O3, 90.3% for Pr2O3, 90.7% for Nd2O3, 86.4% for Sm2O3, 85.6% for Eu2O3, 79.3% for Gd2O3, 75% for Tb2O3, 61.7% for Dy2O3 and 49.1% for Y2O3.
    – Metal price and recovery assumptions of US$45/kg and 65.5% respectively for Nb2O5.
    – Mineral resources are not mineral reserves and do not have demonstrated economic viability.

  • 43-101 Technical Reports & Scientific Literature

    An initial resource estimate was completed on September 20, 2011 by SGS Géostat from Blainville, Quebec. The initial resource estimate encompasses the mineralization identified in the ferrocarbonatite Core Zone covering approximately 750 meters by 400 meters and a vertical depth of 450 meters. The resource estimate is based on 19 of the 20 diamond drill holes (8,856m) drilled between December 2010 and May 2011.

     

  • Environmental studies

    The primary objective of the baseline environmental study (“BES”) conducted by Geodefor was to collect a sufficient amount of environmental data based on existing information and field surveys to refine the technical description of the project and integrate it into a future environmental and social impact study (“ESIS”), which is required under the Environment Quality Act (R.S.Q., c. Q-2). This study defined the reference state of the receiving environment prior to establishment of the Project. In general, no major constraints to the installation of mining infrastructures were identified in the baseline environmental study conducted by Geodefor.

    • 2011 – Geodefor

    • 2013 – Roche

  • Metallurgy

  • Calendar