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Friday, 07/12/2013 9:16:34 AM

Friday, July 12, 2013 9:16:34 AM

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After hours news... Great Western Minerals Successfully Produces Neodymium Metal

Via e-Mail...

Less Common Metals (“LCM”) vertically integrates upstream production capabilities with electrolytic cell process

LCM also completed the installation of the second strip casting furnace and is producing qualified alloys for customer orders

Saskatoon, Canada, July 11, 2013 – Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX.V: GWG / OTCQX: GWMGF), a leader in the manufacture and supply of rare earth–based metal alloys and high purity metals with a low cost, high-grade critical rare earth asset (the "Steenkampskraal Project" or "SKK"), today announced that its subsidiary, Less Common Metals Limited, has successfully produced neodymium metal from oxide using an electrolytic reduction process. LCM ran the new electrolytic cell in full production mode meeting all environmental, health and safety compliance standards.

"This very successful production run follows our extensive engineering design and technical studies," stated Ian Higgins, Managing Director of LCM. "Importantly, this is one of only a few examples of electrolytic metal production outside of China. This capability enables us to expand discussions with raw material and consumable suppliers."

LCM has invested in electrolytic cells during the past year to increase its metal production capabilities in addition to its metal alloy production capabilities. This was LCM’s first production level operating trial using an electrolytic reduction process and it met expectations. As part of an ongoing integrated expansion process, a second electrolytic cell is already installed and provides the platform for increased capacity.

LCM has focused on ensuring that processes fully comply with the highest possible levels of environmental, health and safety standards. In support of this commitment, LCM has engaged key academic institutions in Europe to further optimize its processes.

Photographs of the neodymium metal production are located on the Company's website at http://www.gwmg.ca\LCMphotos.

LCM Commences Operation of Second Strip Casting Furnace
A second strip casting furnace that was delivered in the first quarter of 2013 was recently installed and is now producing alloy for customer orders. The new furnace increased production capacity by 700 tonnes to a total of 2,500 tonnes of metal alloy per year.

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