Mt Monger Resources Limited announced that it has entered into a binding option agreement to acquire a 100% interest in the Pomme REE-Nb project (the Project) located in Québec, Canada from Geomega Resources Inc. (Geomega). The Project is a known carbonatite intrusion with exceptional results from limited drilling, showing enrichment in rare earth elements (REE) and niobium (Nb) and is considered to be an extremely prospective exploration target. The Project is located adjacent to the world-class Montviel REE-Nb deposit (owned by Geomega), that has a defined total indicated and inferred resource of 266 Mt at 1.45% TREO & 0.14% Nb2O5.

It is expected that, pursuant to a separate services agreement to be negotiated and agreed between the parties, Geomega will continue to provide technical exploration services to Mt Monger on a contractual basis for the exploration of the Project. Location and Access: The Pomme project is located in the Abitibi region of the Province of Québec, 500km northwest of Montreal, Canada. The Project comprises 43 mineral claims, covering approximately 2,400 ha area within the Eeyou Istchee James Bay Territory.

The claims are located approximately 100 km north of the town of Lebel-sur-Quévillon (pop. 2,800) and 45 km west of the Cree First Nation of Waswanipi (pop. 1,800) in the urbanised southerly part of northern Québec.

Services, accommodation and labour are available locally. The Project area has permanent access via Highway 113, which connects the major mining towns of Val d'Or and Chibougamau. A network of logging roads provides access to and within the claims. Heavy equipment can be mobilised by truck directly to the project site without the need for any aerial assisted access.

The property has flat topography and is covered by a mixture of forest and swamp. There are active forestry operations in the area and there are no local conservation reserves or protected areas. Some of the claims are located within restricted areas associated with government hydro-electric schemes (dating back to evaluation in the 1970's) but this is not considered to be an impediment to exploration or future development.