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Page 1: Geomage presentation 2014

INNOVATIVE SUSTAINABLE ENGINEERING

Corporate Presentation May 2014

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Page 2: Geomage presentation 2014

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Our presentation contains “forward-looking statements” not based on historical facts. Forward-looking statements express, as of the date of this presentation, our estimates, forecasts, projections, expectations and opinions as to future events or results. The forward looking statements that are contained in this presentation are based on various assumptions and estimates by the Corporation and involve a number of risks and uncertainties. As a consequence, actual results may differ materially from results forecast or suggested in these forward-looking statements and readers should not place undue reliance on forward-looking statements. We caution you that such forward-looking statements involve known and unknown risks and uncertainties, as discussed in the Corporation’s filings with Canadian Securities Administrators. Various factors may prevent or delay our plans, including but not limited to, contractor availability and performance, weather, access, mineral prices, success and failure of the exploration and development carried out at various stages of the program, and general business, economic, competitive, political and social conditions. The Corporation expressly disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

FORWARD-LOOKING

STATEMENT

2

Page 3: Geomage presentation 2014

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CORPORATE OVERVIEW

• Montviel (REE, Nb) – Development stage

• Anik (Au) – Exploration stage• 50M shares outstanding

• Financing, discovery, development, production, and corporate governance

• Breakthrough alternative to solvent extraction

MONTVIEL DEPOSIT

• Montviel, a world class Neodymium deposit

• Booming market (Wind turbines & HEV)

DYNAMIC TEAM INNOVATIVE SEPARATION

EXPLORATION AND DEVELOPMENT

NEODYMIUM PERMANENT MAGNETS

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EXPLORATION & DEVELOPMENTRoad accessible properties close to public infrastructures in Québec

Montréal

Québec

Val d’Or

Lebel-sur-Quévillon

Chapais

MONTVIEL

(REE, Nb) ANIK

(Au)

Project location

Provincial Road

735 kV Power Line

High voltage substation

0 100 200 300

Km

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SHARE STRUCTURE & CASH

Approximately $3M cash on hand on April 30, 2014

-0

-1M

-2M

-3M

-4M

-0.05

-0.10

-0.15

-0.20

-0.25

-0.30

-0.35

-0.40

-0.45

-0.50

-0.55

-0.60

-0.65

-0.70

-0.75

-0.80

-0.85

-0.90

-0.95

Jun Jul Aug Sep Oct Nov Dec 2014 Feb Mar Apr May Jun

VO

LUM

EVA

LUE

Outstanding

Shares 48,820,883

Warrants 8,941,056

Options 2,795,000

Total 60,556,939

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DYNAMIC TEAM

Driven by skilled and experienced professionals

• COO of Stornoway Diamonds (T.SWY)

• $944M financing to start construction

• 7 feasibility studies

• Glencore’s Mount ISA mines operator (base metals)

• > 20 years experience in mineral processing

• Development and management of a $3B fund

• Founder and president of Minvest Capital.

• Former President and Director of Sentient Group (CA)

POUYA HAJIANI, Ph.D. Process Engineer

• Inventor of the REE physical separation technology

• Ph.D in chemical engineering (University Laval, QC).

ALAIN CAYER, Geo., M.Sc.VP Exploration

• PDAC award 2005 – Éléonore gold discovery (Goldcorp)

• Montviel Enrichment Zone and HREE Zone

PATRICK GODIN, Eng. Chairman

DENIS HAMEL, Eng. Director

PAUL HENRY COUTURE, CFADirector

SIMON BRITT, CPA, CACEO and Director

• GéoMégA IPO in 5 months• 85%+ of funds raised in the ground

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7

Neodymium(Nd)

Dysprosium(Dy)

Praseodymium(Pr)

Europium(Eu)

Yttrium(Y)

Terbium(Tb)

MINING1

BENEFICIATION2

HYDRO METALLURGY

3

SEPARATION

4

Magnets

END USERS5

Lighting

Electric Car

Screens

Wind Tower

Smart Phones

REE SUPPLY CHAIN

Major steps of the REE Global Supply Chain

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REE SUPPLY CHAIN

REE supply chain controlled and dominated by China

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

Global REE Supply (1985-2011)

CHINA

Me

tric

To

ns

• With less than 30% of Global REE resources, China controls 97% of REE oxides produced.

• At least 80% of global NdFeB magnet production will be in China in 2015

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REE SUPPLY CHAIN

Major steps of the REE supply Chain

Physical

extraction

MIN

IN

G

BEN

EFI

CIA

TIO

N

Grinding &

Milling

Magnetic

Separation

Flotati

on

Flotation is the most common method for

separation of rare earth minerals from other

minerals in ore.

Extraction of magnetic material

Ore is crushed into gravel then milled into

silt

RoastingLeaching

EN

D-U

SER

S

Oxides

Metal

Alloys

Permanent

Magnets

REE Separated as an Oxide

Oxide is turned into metals

Metals are combined to create alloys

1

2

3

4

5

Green EnergiesHybrid vehicles

Solvent

Extraction

SEPA

RATIO

NS

ep

ara

te in

div

idu

al R

EE

HYD

RO

-M

ETA

LLU

RG

YS

ep

ara

te R

EE m

inera

ls f

rom

oth

er

min

era

ls

Incr

ease

s R

EE

Con

cen

trati

on

an

d

pu

rifi

es

it

REE minerals are leached with an acidor base, then mixed with an organicchemical that strips a selected REE.

NdFeB Magnet

China controls 23% of global reserves

China controls ~ 97% of global production

China controls ~ 95% of global production

China controls ~ 90% of global production

China control s~ 65% to 70% of global production

Impurities

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BREAKTHROUGH PHYSICAL

SEPARATION

10

• Simultaneous separation of all REE

• Heavy REE are the easiest to isolate

• Mitigation of environmental risks (no solvent)

• NR: January 15, 2014 – Demonstration series (Yb, La, Eu)

• NR: February 25, 2014 – Neighbor series (Dy, Tb and Nd, Pr)

• NR: May 14, 2014 – Benchmark on REE commercial concentrate (all REE + impurities)

• Patents pending

The solution to China’s stranglehold on the REE supply

chain

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SOLVENT EXTRACTION

Current extraction method of REE

Multi-stage mixers settlers

La

Organic Solvents

• Separation in sequence from Lanthanum to Lutetium;

• Hundreds of cycles to purify all REE;

• Plant CAPEX range from $300M to $600M (outside China);

• Chemical (organic solvent) intensive;

• Knowhow restricted to China.

Neodymium

(Nd)Dysprosium

(Dy)Praseodymium

(Pr)Europium

(Eu)Terbium

(Tb)

Ce Pr, Nd Sm Eu Gd Tb Dy Others

REE CONCENTRATE

SEPARATION4

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GEOMEGA SEPARATIONInnovative and sustainable engineering

La

Ce

Pr

SmEu

Gd

Dy

Tb

Ho

Er

Tm

Impurities

Nd

Yb

Lu

• Simultaneous separation of all REE and

impurities;

• Electricity as consumable (no solvent);

• Predictable behavior of REE ions.

• Proprietary to GéoMégA (patents

pending)

ELECTRO-MAGNETICFIELD

Neodymium

(Nd)

Dysprosium

(Dy)

Praseodymium

(Pr)

Europium

(Eu)

Terbium

(Tb)REE CONCENTRATE

SEPARATION4

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SINGLE STEP DEMONSTRATION

Separation of three (3) REE (non-neighbors)

Refer to January 14 2014 press release for details:http://ressourcesgeomega.ca/breakthrough-in-physical-separation-ree/

• Synthetic mixture, 1 gr/L concentration;

• Single step separation;

• 100% separation and;

• 100% purity (< detection limit).

1

0.5

0

SEPARATION CHANNELS

Yb (66%)

Eu (17%)

La (17%)

CO

NC

EN

TR

ATIO

N

Yb (17%)

Eu (17%)

La (66%)

1

0.5

0

CO

NC

EN

TR

ATIO

N

SEPARATION CHANNELS

1

0.5

0

CO

NC

EN

TR

ATIO

N

SEPARATION CHANNELS

Yb (33%)

Eu (33%)

La (33%)

SEPARATION4

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SINGLE STEP DEMONSTRATION

Separation of REE neighbors (Heavy REE)

1

0.5

0

CO

NC

EN

TR

ATIO

N

SEPARATION CHANNELS

Yb (10%)

Dy (40%)

Tb (40%)

Eu (10%)

• Synthetic mixture, 1 gr/L concentration;

• Single separation step;

• 100% separation and;

• 100% purity (detection limit).

SEPARATION4

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SINGLE STEP DEMONSTRATION

Separation of REE neighbors

1

0.5

0

CO

NC

EN

TR

ATI

ON

SEPARATION CHANNELSSEPARATION CHANNELS

1

0.5

0

CO

NC

EN

TR

ATI

ON

Nd(10%)

Pr (40%)

• Synthetic mixture, 1 gr/L concentration;

• Two (2) separation steps;

• 100% separation and;

• 100% purity (detection limit).

Eu (10%)

Nd (40%)

Pr (40%)

La (10%)

Mixed channels after separation step 1 directed to separation step 2

SEPARATION4

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SINGLE STEP DEMONSTRATION

1

0.5

0

CO

NC

EN

TR

ATIO

N

SEPARATION CHANNELS

1

0.5

0

CO

NC

EN

TR

ATIO

N

SEPARATION CHANNELS

1

0.5

0

CO

NC

EN

TR

ATIO

N

SEPARATION CHANNELS

SEPARATION CHANNELS

1

0.5

0C

ON

CEN

TR

ATIO

N

1

0.5

0

CO

NC

EN

TR

ATIO

N

SEPARATION CHANNELS

Yb (10%)

Dy (40%)

Tb (40%)

Eu (10%)

Read February 24 2014 Press release for details:http://ressourcesgeomega.ca/separation-ree-impurities-commercial-mixed-concentrate/

Separation of REE neighbors

Nd (40%)

Pr (40%)

La (10%)

Eu (10%)

Pr (40%)

Nd(10%)

Eu (10%)

Pr (40%)

Ce (40%)

La (10%)

Pr (50%)

Ce (50%)

SEPARATION4

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SINGLE STEP BENCHMARK

Separation of REE impurities from Commercial Mixed Concentrate

Read May 13 2014 Press release for details:http://ressourcesgeomega.ca/separation-ree-impurities-commercial-mixed-concentrate/

SEPARATION4

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SINGLE STEP BENCHMARK

Separation of REE impurities from Commercial Mixed Concentrate

Read May 13 2014 Press release for details:http://ressourcesgeomega.ca/separation-ree-impurities-commercial-mixed-concentrate/

SEPARATION4

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JAN FEB MAR APR MA

YJUN JUL AU

GSEP

OCT

NOV

DEC

2014

2015

2016

DEMONSTRATION TESTS

PILOT 1

SCALE-UP AND PROCESS INTEGRATION

• Optimization tests set to begin in July, estimated 6

months to complete.

• Construction of Pilot 1 to begin after optimization

testing.

OPTIMIZATION TESTS

19

BREAKTHROUGH DEVELOPMENT SCHEDULE

Development schedule

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SEPARATION BREAKTHROUGH

Proprietary process has significant advantages over solvent extraction

PHYSICAL SEPARATION

Concept proven on small industrial scale for over 60 years;

Proven on large industrial scale for over 60 years;

SOLVENT EXTRACTION

Separation in sequence from Lanthanum to Lutetium;

Hundreds of cycles to purify all REE;

HREE are last and very difficult;

CAPEX range from $300M to $600M (outside China);

Chemical (organic solvent) intensive;

Knowhow restricted to China.

Simultaneous separation of all REE and impurities;

Few steps anticipated to purify all REE;

HREE are easy and simultaneous;

CAPEX to confirm but likely under $300M;

Electricity as consumable;

Predictable behavior of REE ions electrophoretic mobility.

SEPARATION

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MONTVIEL REE WORLD CLASS

DEPOSIT

21

• Initial 43-101 highlights over 600 M Kg (in-situ) of Neodymium

• HREE Zone defined over 350m x 20m x 230m (open at depth)

• Updated 43-101 resource calculation in June 2014

• Infrastructures required for mining and processing located on site

• Underground access with paste backfill to mitigate environmental impacts.

• Energy supplied by a power line connected to Hydro-Québec distribution network

• Proven fluoro-carbonate minerals

• 43-101 PEA in September 2014

3 years of efforts coming together in the upcoming

months

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MONTVIEL DEPOSITProximity to public infrastructures

MINING1

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SUPPORTED BY STAKEHOLDERS

Sustainable development, supported by Cree First Nation of Waswanipi and Lebel sur Quevillon

• Signing of a Pre-development agreement with the Cree First Nation of Waswanipi, stakeholders of GéoMégA

• Signing of a Pre-development agreement with Lebel-sur-Quévillon

• October 2012 AGM located in Lebel-sur-Quévillon

Stakeholders updated on a regular basis

MINING1

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Access Ramp

1.0% TREO

1.5% TREO

2.0% TREO

CN

TO

WE

R (

Toro

nto

)

MONTVIEL RESOURCESWorld Class Deposit

MINING1

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MONTVIEL RESOURCESHeavy REE Zone

MINING1

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MONTVIEL RESOURCESHeavy REE Zone

MINING1

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FLOW SHEETChlor-Alkali HCl regeneration

BENEFICIATION2

HYDROMET

3

• Infrastructures required for mining and processing located on site.

Mine

Truck RampTruck RampPump

To Pastefill Plant

To Storage Fill

Tailing

Waste Pad Ore Pad

Crusher

Silo

Grinding

FLOTATION

ROASTING

LIMS

Leach Residue HCl Bleach

Caustic Fusion

Leach Solution

Fe, Th, Al Precipitation

REE Precipitation Ca, Ba, Sr, Mn, Mg Precipitation Evaporation

HCl Regeneration

NaOH

Make-up water

NaOH

Make-up water

NaOH

Nb2O5REE

CONCENTRATE

CO2

(LOADER)

(CONVEYOR)

Backfill

Paste Backfill

Cement

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120 kV POWER LINEAll infrastructures required for mining and processing of the

ore located on site.

• Necessary energy supplied by a power line connected to Hydro-Québec distribution network.

MINING1

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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

• Preliminary Economic Assessment (PEA) expected in the upcoming months.

29

RENOWNED ENGINEERS

Developed by internationally renowned engineers

MINING1

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DEVELOPMENT CALENDAR

Projected development steps

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ANIK PROPERTYBest kept secret…

• 40 km South of Chapais.

• Proximity to power line and

provincial road

• Current field work on the property

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ANIK PROPERTYSurrounded by new and significant gold discoveries

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Contact Us

GéoMégA

+450 460 0099

www.geomega.ca

[email protected]

GéoMégA

475 Victoria AvenueSaint-Lambert, QC, J4P 2J1Canada

INNOVATIVE SUSTAINABLE ENGINEERING

Page 34: Geomage presentation 2014

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THANK YOU