Mr. Simon Britt reports

$204,500 GRANT FOR MONTVIEL GEOCHEMISTRY

Geomega Resources Inc. is noting that professors Benoit Plante and Mostafa Benzaazoua of the Universite du Quebec en Abitibi-Temiscamingue (UQAT) received a $204,500 grant from the Natural Sciences and Engineering Research Council of Canada (NSERC) to study the geochemical behaviour of rare earth elements (REE) mine discharges. The work, realized from the ore of the Montviel REE and niobium project, will help predict the geochemical behaviour of mining discharge carrying REE.

"The work to be performed thanks to the grant is part of our geochemical characterization program for the Montviel project, ongoing for more than three years. With the process flow sheet now completed, targeted work will be used to predict the geochemical behaviour of the tailings and different lithologies of the Montviel project for sound environmental management. Over all, the expertise and scientific data collected as part of our geochemical characterization program will be put at the disposal of the different researchers and governmental bodies in charge of establishing environmental criteria for the mining of REE deposits," comments Mia Pelletier, chief geologist and geochemist of Geomega.

About the Montviel rare earth element and niobium project

The Montviel project, 100 per cent owned by the company, is located approximately 100 kilometres north of Lebel-sur-Quevillon and 45 kilometres west of the Cree First Nation of Waswanipi in the urbanized southern part of Northern Quebec. Montviel benefits from permanent road access, public infrastructure and skilled labour in the immediate project area. The initial National Instrument 43-101 resource estimate published in September, 2011, identified (base case) 445,958 tonnes of neodymium oxide in the indicated category and 160,347 tonnes of neodymium oxide in the inferred category. The updated NI 43-101 resource estimate is expected next month.

About the Universite du Quebec en Abitibi-Temiscamingue

Established in 1983, the Universite du Quebec in Abitibi-Temiscamingue offers over 100 programs in undergraduate and graduate levels in different fields: administration, art therapy, accounting, digital creation, 3-D and video games, education, forest, engineering, mining and environment, psycho-education, health and safety at work, nursing, and clinical and social work. With an annual research volume of more than $10-million, UQAT has 10 research chairs and 11 research units in relation to the priority niches for its territorial ties. More specifically, the expertise in environment and management of tailings of UQAT is recognized worldwide, among other things, by its work in the context of the UQAT-Polytechnique research in mining and environment institute.

Research that are carried out respond to global issues in the mining sector by the development of concrete solutions across the life cycle of a mining project.

About NSERC

NSERC aims to make Canada a country of discoverers and innovators for the benefit of all Canadians. The agency supports university students in their advanced studies, promotes and supports discovery research, and fosters innovation by encouraging Canadian companies to participate and invest in postsecondary research projects. NSERC researchers are on the vanguard of science, building on Canada's long tradition of scientific excellence.

We seek Safe Harbor.