This is getting ready to take off.
(1)Great Western Minerals Group Ltd. ("GWMG" or the "Company", TSX:V – GWG) is pleased to announce that its wholly owned subsidiary, Less Common Metals ("LCM"), has successfully carried out the first full-scale melt with LCM's newly acquired furnace. The first pour was undertaken on Friday, January 27, 2012 at LCM’s new plant located in Hooton Park in Birkenhead, United Kingdom.
The installation of the new furnace, which began in November, 2011 and was completed by mid-January, 2012, was undertaken by a team comprised of engineers from the furnace supplier alongside LCM personnel. After extensive testing of the power, water, vacuum and control systems, the furnace was approved to commence melting trials of Neodymium-Iron-Boron alloys for permanent magnet applications.
The subsequent trials, which will continue into February, will focus on the production of alloys that fully conform to detailed customer specifications.
(2) During his 15 year career with Cameco Corporation, one of the world’s largest uranium companies, Mr. Kiss held increasingly senior positions including vice president, corporate development and power generation. Amongst a broad range of experiences, as senior legal advisor he participated in preparations for Cameco’s initial listings on the Toronto and New York stock exchanges, as special project co-ordinator he oversaw the development of several significant domestic and international joint venture agreements and projects, and as marketing director, North America, he negotiated numerous long term supply agreements. He has also been directly involved in a wide range of acquisitions and varied joint venture arrangements
(3) Great Western Minerals Group Ltd. ("GWMG" or the "Company", TSX:V — GWG) is pleased to announce that the joint venture agreement ("Agreement") with Ganzhou Qiandong Rare Earth Group Ltd. ("GQD") of China for the construction of a rare earth separation plant in South Africa has been completed and signed
(4)These investigations have two primary goals; firstly, to provide information in support of a fully compliant National Instrument 43-101 resource estimate report and secondly, to focus on a possible expansion of the resource at Steenkampskraal through testing the down-dip extension of the main structure
