35.0 millions shares outstanding - geomega ressources · • financing and corporate governance...

35.0 millions shares outstanding

Dynamic team • Discovery and development of deposits • Financing and corporate governance

Global market in rapid expansion • Permanent magnets to power the future • Neodymium and Dysprosium the key elements

Accessible world class deposit • Montviel carbonatite enriched in Rare Earths and Niobium (> 600M kg of Neodymium) • Permanent access and proximity to public infrastructures

Sustainable development supported by First Nations • Pre-development agreement with the Cree First Nation of Waswanipi • Cree Mineral Exploration Board is a shareholder of GéoMégA

Developed by renowned mining engineers • G Mining Services Inc. in charge engineering and financial model

Innovative physical separation process in development • Collaboration with Polytechnique Physical department

Montviel

2

Dynamic team

3

Alain Cayer, geo., M.sc. (VP Exploration)

• Prospector of the year in 2005 – Éléonore gold discovery (Québec) • Revealing of Montviel (Enrichment heart and Heavy Rare Earth zone)

Patrick Godin, Eng. (Chairman)

• COO of Stornoway Diamonds (T.SWY) • 7 feasibility studies Denis Hamel, Eng. (Director)

• Manager of the Hackett River project (base metals) in Nunavut • More then 20 years of experience in mineral processing Claude Dufresne, Eng. (Consultant)

• CEO of CAMET Metallurgy Inc. • Commercialisation of Niobec’s ferro-niobium from 2000 to 2012 Simon Britt, CPA, CA (CEO) • IPO of GéoMégA in 5 months (September 2010) • Discovery and initial 43-101 of Montviel within 10 months • > 85% of net financing in exploration and development

Discovery

Development

Production

Commercialisation

Execution

Sustainable energy initiatives booming

4 Rare Earth Elements, the motor of today’s industries

Europe and the United States agree on critical elements

5

Dysprosium and Neodymium , the key to sustainable energy initiatives.

Dysprosium and Neodymium, the key to permanent magnets.

Neodymium/Iron/Boron permanent magnets (NdFeB)

Magnet applications

• 27% (33 250 tonnes) of global demand in 2010 (13% in 2000)

• Highest growth forecast of all applications: 11-13%/year

• 95% of magnet applications are Neodymium permanent magnets (« Neo-magnets »)

• Neo-magnets market in 2010 : ~ $6G

2010 (125 000 t) 2015 (180 000 t)

6% 27%

19%

6% 32%

21%

Magnets (Nd, Pr, Dy, Gd) Metallurgy (La, Ce, Nd, Pr) Phosphores (Y, Eu, Tb)

Source: Roskill 6

Montviel – Permanent access and public infrastructures

7 New Hydro-Québec 315kV substation in 2015

Montviel > 600 millions kg of Neodymium (in-situ)

8 Updated 43-101 resource calculation (34,000 m of diamond drill) in June 2013

Montviel – Core Zone surface plan (-50m)

9

34,000 m of diamond drilling. Mineralized zone of 750m X 400m X 650m.

Rare Earths and Niobium enriched heart (West). Heavy Rare Earths zone (South).

Montviel – Heavy Rare Earths zone

10 Heavy Rare Earth zone estimated resource of 10+ Mt averaging over 100 ppm of Dysprosium

Montviel – Section 6+80W (looking West)

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Sustainable developement supported by its stakeholders

12

Signing of a Pre-development agreement with the Cree First Nation of Waswanipi

Cree Mineral Exploration Board shareholder of GéoMégA

Cree First Nation of Waswanipi shareholder of GéoMégA

Montviel development update meetings

Lebel-sur-Quévillon

Location of the October 2012 AGA meeting

October 20, 2011

September 22, 2012

April 22, 2013

Renowed mining engineers

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Louis Gignac, Eng.,M.Sc.,D.Eng. President and CEO

Robert Marchand, Eng. VP Mining Engineer

Ahmed Bouajila, Eng. VP Metallurgy and Mineral processing

Infrastructures required for mining and processing located on site

Necessary energy supplied by a power line conneced to Hydro-Québec distribution network

Preliminary Economic Assesment expected in July 2013.

Flow sheet (PEA)

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Overall Recovery

Neodymium : 83% Praseodymium : 83% Europium : 83% Terbium : 83% Dysprosium : 64% Yttrium : 45%

Overall Recovery

Niobium : 93%

Mining plan (PEA)

Montviel

50 m

150 m

30 m

50 m

30 m

PEA Mining plan on the top a fraction of the deposit

Environmental footprint reduced to a minimum with underground mining and paste backfill 15

Oxide Tonnes/y Market share (%)

Neodymium 2 000 6,5

Dysprosium 38 2,7

Europium 58 8,2

Praseodymium 640 8,2

Terbium 70 4,0

Yttrium 70 4,0

Niobium 1 200 1,0

Anticipated production (PEA)

Montviel – Fast tracked development

16 Anticipated start of production in 2016

Marché des Terres Rares Procédé de séparation physique innovant en développement

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David Ménard, Eng., Ph.D. (Poly) – Physical engineering

Thomas Gervais, Eng., Ph.D. (M.I.T) – Physical engineering

Djamel Seddaoui, Eng., Ph.D. (Poly) – Physical engineering

Christian Lacroix, Eng., Ph.D. (Poly) – Physical engineering

Pouya Hajiani, Eng., Ph.D. (Laval) – Chemical Engineering

Ahmed Bouajila, Eng. (Laval) – Mining Engineering

Tester le concentré de Montviel Travaux en cours : Établir l’arborescence de séparation Conceptualisation à l’échelle industrielle

Conclusion préliminaire attendu en mai 2013

Physical separation piloting committee

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Ore

Beneficiation

Rare earths concentrate

Oxides (4N+)

Metal

NdFeB alloys

NdFeB magnets

Flotation, magnetic separation

Acid leaching

Physical separation

Molten salt electrolysis

Strip casting

Metallurgical powders + Patented process X

CAPex

$

Source: Shin Etsu Co Ltd.

In discussion with potential JV partners to produce high margin NdFeB alloys

Local transformation = sustainable value

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JV

JV

65 $

1 kg 1.15 kg 0.35 kg Nd2O3 needs:

Nd oxide Nd metal NdFeB

114 %

250 %

2 $

1kg of Nd2O3 is necessary to produce 3 kg of NdFeB alloys providing an additional margin of $65/kg.

NdFeB magnet alloys = added value

20

Nd oxide cost Metal conversion cost Alloy cost Margin/kg

$ 75/kg 1

$ 92/kg 1

$40

$ 135/kg 3

$ 86 2

$ 6

$ 26 2

$ 42

$ 35 2

$ 65

1: Metal Pages, FOB China March 2013 (price in China = 48$/kg) 2: Cost attribution based on GéoMégA’s projected Neodymium revenues. 3: Estimated based on LCM 2011 financial projections.

$ 2

NdFeB magnets supply chain

Patent holders

Licensees

Source: J.A. Green and Co. 21

CHINA dominates thanks to low cost production (lack of environmental controls)

35.0 millions shares outstanding

Dynamic team • Discovery and development of deposits • Financing and corporate governance

Global market in rapid expansion • Permanent magnets to power the future • Neodymium and Dysprosium the key elements

Accessible world class deposit • Montviel carbonatite enriched in Rare Earths and Niobium (> 600M kg of Neodymium) • Permanent access and proximity to public infrastructures

Sustainable development supported by First Nations • Pre-development agreement with the Cree First Nation of Waswanipi • Cree Mineral Exploration Board is a shareholder of GéoMégA

Developed by renowned mining engineers • G Mining Services Inc. in charge mining engineering and financial model

Innovative physical separation process in development • Collaboration with Polytechnique Physical department

Montviel

22