Great Western Minerals Stock (OTC: GWMGF)

Latest news for Great Western Minerals (OTC:GWMGF) Stock

Great Western Minerals Group Ltd is a Canadian-based exploration and development company, which is engaged in the exploration and development of its rare earth elements (REE) property, and the manufacturing and marketing of products containing REE. The company operates as an integrated rare earth processor which manufactures specialty alloys used in the magnet, battery, defense and aerospace industries. It holds an interest in the Steenkampskraal monazite mine, located approximately 350 kilometers northwest of Cape Town, South Africa. Further, the group also holds an interest in Hoidas Lake rare earth mineral property in Canada.

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Great Western Minerals Provides Update on Steenkampskraal Project 

GREAT WSTN MINRLS GRP LTD by Great Western Minerals Group Ltd.

Great Western Minerals Group Ltd

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Great Western Minerals Group Ltd (OTC: <a class="ticker" href="/stock/gwmgf#OTC">GWMGF</a>) provided an update on metallurgical advances on the Steenkampskraal ("SKK") rare earth project.Company President and CEO Marc LeVier stated, "We continue to make significant progress in de-risking the SKK project. The metallurgical testing is providing positive data with regard to the design criteria and flow sheet development and has validated assumptions in the PEA. We have confirmed the value of pre-concentration techniques and testing has shown there is an opportunity to simplify the flow sheet. This will allow for improved process efficiency and lower operating costs. The development work continues to demonstrate that the SKK project is one of the most robust REE deposits in the world with very low capital requirements supported by very high TREO grades."In 2013, the Company divided the metallurgical testing into three phases and, to date, has completed phase one and significantly advanced phase two. Test work is progressing and is expected to be completed in the fourth quarter
    
    <a href="http://www.benzinga.com/pressreleases/13/10/m3970348/great-western-minerals-provides-metallurgical-update-on-steenkampskraal">See full press release</a>

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