|By Marketwired .||
|September 4, 2014 08:13 PM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 09/05/14 -- Futher to the news release of August 29, 2014, Geomega Resources Inc. ("GeoMegA" or the "Company") (TSX VENTURE:GMA), is pleased to announce the discovery of new gold-bearing outcrops revealing a 250 meters mineralized corridor on its Anik property located 40 km south of Chapais, in Quebec. Three (3) mineralized outcrops, more then 250 meters apart, confirm the extensions and gold potential of the corridor. A saw sample taken on the new, mechanically stripped outcrop graded 3.16 g/t Au. In addition, two (2) new angular to sub-angular blocks, located 50 meters S-W of the discovery outcrop, graded 2.63 and 2.84 g/t Au. The gold-bearing corridor is located within an important structural zone of the Guercheville/Opawica deformation corridor.
"Anik is sending us excellent signals with its various mineralized outcrops and angular blocks near the discovery. We are at the beginning of a new gold discovery. Currently, the best results (7.86 g/t, 8.03 g/t and 10.30 g/t Au) are in altered, highly friable schists. The presence of overburden throughout the gold-bearing corridor makes access to the schists difficult. The work resumes next week to identify the extensions of the mineralized outcrops and identify drilling targets." comments Alain Cayer, Vice-President Exploration of GeoMegA.
To view the details of the gold-bearing corridor on the Anik property (maps and pictures), please click the following link:
The lithologies, alterations and mineralizations found in the sector are extensive and showcase significant hydrothermal activity in this portion of the Guercheville/Opawica deformation corridor. Ultramafics, mafics, sediment units and felsic dikes are among identified lithologies. Alterations found are sericite, ankerite, silica-quartz, talc, tourmaline, fuchsite and green and black chlorite. The mineralization consists of traces to 10% disseminated pyrite or locally in veinlets and traces of chalcopyrite. Generally, they are associated with silicification and ankeritisation within a wide zone of sericite schist.
About the Anik property
The Anik property is located 40 km south of the town of Chapais, in Quebec and consists of 144 mining claims covering an area of approximately 7,382 hectares. The project benefits from a permanent access, public infrastructure and an experienced workforce in the immediate vicinity.
The Company's website will be updated during the month of September.
NI 43-101 Disclosure
Alain Cayer, P. Geo., MSc., Vice-President Exploration of GeoMegA, is the Qualified Person under NI 43-101 guidelines who supervised and approved the preparation of the technical information in this news release.
All samples have been assayed at the ALS Global laboratory in Val d'Or by standard fire assay followed by atomic absorption and by gravimetry if results are greater than 0.50 ppm Au. A multi-elemental analysis by aqua-regia and spectroscopy (ICP-AES/MS) will be realized at the ALS Global laboratory in Vancouver, for each sample. Quality controls include systematic addition of blank samples and certified gold standards to each batch sample sent to laboratories.
About GeoMegA (www.geomega.ca)
GeoMegA is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. GeoMegA is committed to meeting the Canadian mining industry standards and distinguishing itself with innovative engineering, stakeholders' engagement and dedication to local transformation benefits.
50,401,283 common shares of GeoMegA are currently issued and outstanding.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautions Regarding Forward-Looking Statements
This news release contains forward-looking statements regarding our intentions and plans. The forward-looking statements that are contained in this news release are based on various assumptions and estimates by the Company and involve a number of risks and uncertainties. As a consequence, actual results may differ materially from results forecasted 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 Company's filings with Canadian securities agencies. 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 Company expressly disclaims any obligation to update any forward- looking statements, except as required by applicable securities laws.
President and CEO
Samsung VP Jacopo Lenzi, who headed the company's recent SmartThings acquisition under the auspices of Samsung's Open Innovaction Center (OIC), answered a few questions we had about the deal. This interview was in conjunction with our interview with SmartThings CEO Alex Hawkinson. IoT Journal: SmartThings was developed in an open, standards-agnostic platform, and will now be part of Samsung's Ope...
Oct. 26, 2014 01:00 AM EDT Reads: 2,701
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an In...
Oct. 25, 2014 05:00 PM EDT Reads: 1,728
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud...
Oct. 25, 2014 11:45 AM EDT Reads: 1,852
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, will focus on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19...
Oct. 25, 2014 10:00 AM EDT Reads: 1,728
StackIQ offers a comprehensive software suite that automates the deployment, provisioning, and management of Big Infrastructure. With StackIQ’s software, you can spin up fully configured big data clusters, quickly and consistently — from bare-metal up to the applications layer — and manage them efficiently. Our software’s modular architecture allows customers to integrate nearly any application wi...
Oct. 25, 2014 10:00 AM EDT Reads: 1,789
As Platform as a Service (PaaS) matures as a category, developers should have the ability to use the programming language of their choice to build applications and have access to a wide array of services. Bluemix is IBM's open cloud development platform that enables users to easily build cloud-based, creative mobile and web applications without having to spend large amounts of time and resources o...
Oct. 25, 2014 08:00 AM EDT Reads: 1,796
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at Internet of @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, will discuss how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will nee...
Oct. 24, 2014 09:30 PM EDT Reads: 1,445
When you set off to build an app that will change the world, designing your system architecture to be reliable and scalable is important but the stark reality is that, for your MVP, you probably had a “need for speed” (of development). You didn’t know what all the axes were to scale your application, where your stress points would be, and what weird and wonderful ways your customers would use it d...
Oct. 24, 2014 09:00 PM EDT Reads: 1,272
Compute virtualization has been transformational, yet security policy implementation and enforcement has lagged behind in agility and automation. There are a number of key considerations when implementing policy in private and hybrid clouds. In his session at 15th Cloud Expo, Holland Barry, VP of Technology at Catbird, will discuss the impact of this new paradigm and what organizations can do to...
Oct. 24, 2014 07:00 PM EDT Reads: 1,548
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, ...
Oct. 23, 2014 11:30 PM EDT Reads: 1,741