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    Geomega Signs Option Agreement

    Investing News Network
    Jun. 18, 2012 11:06AM PST
    Company News

    Geomega Resources Inc. (TSXV:GMA) announced it signed an agreement whereby it may earn 100 % undivided interest in 15 mining claims at the Oriana Tungsten project.

    Geomega Resources Inc. (TSXV:GMA) announced it signed an agreement whereby it may earn 100 % undivided interest in 15 mining claims at the Oriana Tungsten project.

    Geomega’s CEO, Simon Britt said:

    A short exploration program (outcrops sampling and 363 m of diamond drill) performed last March and April on the Oriana project revealed potential for tungsten (scheelite minerals) and gold (smoky quartz veins) within a favourable geological setting. Complete assays are expected in July. Oriana is 15 km west of the town of Chapais, road accessible and within 1 km from highway 113N, rail road and an electric power line. The technical team will work to reveal the full potential over the next two years.

    Click here to read the Geomega Resources Inc. (TSXV:GMA) press release.  

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