Great Western Minerals Enters MOU for REE Separation

Great Western Minerals Group Ltd. (TSXV:GWG,OTCQX:GWMGF) announced that it has entered into a non-binding memorandum of understanding (MOU) for rare earths separation services with “an internationally recognized provider.”

As quoted in the press release:

The MOU also calls for ongoing technical support as the Company reviews and advances the design of its planned production facilities at SKK.

Marc LeVier, president and CEO of Great Western, commented:

It has been our objective to look at all alternatives that can get us to production sooner, lower upfront capital requirements and reduce project risk at SKK. This initial agreement sets in place the framework and commitment to continue discussions toward a comprehensive toll separation agreement for future SKK production. Completion of the MOU and the subsequent contract are substantial steps forward in fulfilling the mine to metal vision.

Click here to read the full Great Western Minerals Group Ltd. (TSXV:GWG,OTCQX:GWMGF) press release.