Great Western Minerals Group Launches Steenkampskraal Feasibility Study

- June 9th, 2010

Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (PINK SHEETS:GWMGF) today announced that it has launched Phase 1 of its Bankable Feasibility Study process for the Steenkampskraal mine in South Africa.

Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (PINK SHEETS:GWMGF) today announced that it has launched Phase 1 of its Bankable Feasibility Study process for the Steenkampskraal mine in South Africa.

The press release is quoted as saying:

Great Western Minerals Group Ltd. is a Canadian-based developer of Rare Earth Element assets and a manufacturer of metals and alloys containing predominantly Rare Earth Elements. GWMG has seven Rare Earth exploration and development properties in North America and an option with respect to a former producing property in South Africa.

Click here to access the entire press release

Click here to access Great Western Minerals Corporate Site

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2 responses to “Great Western Minerals Group Launches Steenkampskraal Feasibility Study

  1. The problem that we are facing in the production sector is that we are having problems coming up with investors, because it will take a while to realize a profit. The separation process is very tough and unique at each location. It takes 10 to 15 years to develop this procedure. There are also very few experts in the process. Even mining colleges teach little or no REM chemistry and mining. Sooner or later, all this will come crashing down on the West. REM leverages $4 trillion in products. Our government is in no mood to fund education and development. I am doing what I can but I can’t do it alone. My area of expertise is teaching, innovating and science. Who will join me?

  2. The problem that we are facing in the production sector is that we are having problems coming up with investors, because it will take a while to realize a profit. The separation process is very tough and unique at each location. It takes 10 to 15 years to develop this procedure. There are also very few experts in the process. Even mining colleges teach little or no REM chemistry and mining. Sooner or later, all this will come crashing down on the West. REM leverages $4 trillion in products. Our government is in no mood to fund education and development. I am doing what I can but I can’t do it alone. My area of expertise is teaching, innovating and science. Who will join me?

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