Mr. Simon Britt of Geomega reports

GEOMEGA RESOURCES INC. INITIATES 10,000 METERS DRILL PROGRAM AT MONTVIEL

Geomega Resources Inc. has initiated a 10,000-metre drill program at Montviel. The winter program will include section drilling through the 3.1-square-kilometre core of the carbonatite complex, as well as testing other satellite targets outlined from geophysical and geochemical surveys completed in previous years.

The Montviel property, located 200 km north of Val d'Or in the Abitibi region of Quebec, encompasses the Montviel carbonatite complex which extends over an area of 32 square kilometres making it one of North America's largest carbonatite. Geomega has a staged option agreement with Niogold Mining Corp. whereby it can earn up to 100-per-cent interest in the property. See details of the agreement in Stockwatch Nov. 11, 2010.

The drill program will test the Montviel carbonatite complex for rare earth elements and niobium concentrations. Historical drilling performed in 2002, eight shallow holes totalling 1,245 metres, revealed strong potential for these strategic minerals. The world's current most prolific REE and niobium deposits, namely Bayan Obo (REE, China), Mountain Pass (REE, United States), Mount Weld (REE, Australia) and Araxa (niobium, Brazil), are all hosted in carbonatites.

"The ultimate goal of Geomega is to identify a large open pit carbonatite-hosted REE deposit. The size of the complex combined with road accessibility makes Montviel a target of choice," commented Simon Britt.

Kateri Marchand, MSc, PGeo, will supervise the drill campaign. Ms. Marchand has over 20 years of experience in exploration project management on several advanced projects. She has worked through her career in diverse geological settings in Canada, Africa and Mexico.

"We are very pleased to welcome Kateri to the Geomega team. She will be working as the qualified person on the Montviel project ensuring that all exploration activities are conducted under 43-101 guidelines," added Mr. Britt.