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Resource World - June-July 2019 - Vol 17 Issue 4

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J U N E / J U L Y 2 0 1 9 www.resourceworld.com 45 G reenland, the largest island in the world, may be physiographically part of North America; however, it has been politically and culturally associated with Europe; hence, we are also including Norway, Sweden and Finland in our report. About a third of the population of 55,860 (2017) live in the capital of Nuuk, and with three-quarters of Greenland covered by ice it is the least densely popu - lated territory in the world. Most of the residents live in southwest Greenland; however, there are no roads connect- ing the various settlements. The Arctic Umiaq Line ferry serves the coastal towns. Most Greenlanders speak Greenlandic (Kalaallisut – an Eskimo-Aleut language) as well as Danish. In 2008, Greenlanders voted in favour of self-government which transferred more power from the Kingdom of Denmark. Under the new structure, Greenland is gradually assuming responsibility for policing, the judicial system, company law, aviation and mineral resource development (devolution). Denmark still has control of monetary policy and provides a DKK 3.4 billion subsidy as well as foreign affairs and defense. The majority of Greenlandic revenues are derived from fishing. To be less depen - dent on a single source of income, the Greenland government is actively trying to attract foreign mineral explorers and mine developers. There are no First Nations issues as about 90% of the population are Greenlanders, according to Statistics Greenland. As it stands, there are two operat - ing mines in Greenland; The Hudson Resources anorthosite mine and a ruby/ pink sapphire mine whose license is owned by a Greenlandic company, Greenland Ruby A/S. The mine, however, is operated by LNS Greenland A/S, which is a sister company to Greenland Ruby A/S. Both of the companies are part of the Norwegian LNS group. In a meeting with Greenland officials from the Ministry of Mineral Resources and Labour, they told Resource World mag - azine that in recent years melting ice has exposed more mineralization in various areas close to the coast, including near the old Black Angel zinc/lead mine on the west coast. In total, an area about the size of Ontario is now exposed where exploration can take place for the three to five-month summer field season, depending on the location. As there are no roads except in town, ships and float planes are used; however, there are 13 airports and 43 heli - pads. Plans call for three more airports to be built within five to 10 years. There are also 17 town ports and 58 settlement har- bours. Shipping is possible along most of the coastline which is cut by deep fjords where most mineral deposits are found. It is notable that a great variety of minerals have already been discovered in Greenland, namely zinc, lead, ruby, pink sapphires, rare earths, zirconium, graphite, gold, vanadium, coal, platinum, palladium, titanium sand, tungsten, cop - per, silver, anorthosite, cryolite, uranium, iron and more. Dr. Julie Hollis, Head of the Department of Geology, Ministry of Mineral Resources and Labour, said that Greenland is also prospective for diamonds. Qupanuk Olsen, Head of Inspection and Technical Department, Mineral Licence and Safety Authority, said that the number of explo - ration licences has been rising year over year. The Greenland delegation pointed out that the various mineral projects all require logistical support and offer multiple busi - ness opportunities. Hudson Resources Inc. [HUD-TSXV; HUDRF-OTC], based in Vancouver, recently opened its White Mountain (Naajat) anorthosite (calcium feldspar) mine 80 km south of Sisimuit, west-central Greenland. Anorthosite is used to make fiberglass, paints and coatings. The mine is owned by Hudson Greenland A/S, which is wholly-owned by Hudson Resources Inc. The operation is a fully permitted min - ing project for 50 years with over 100 years of mine life based on current drilling. Hudson has a 10-year supply agreement with world's premier fiberglass producer. Mineral product is being shipped to Charleston, South Carolina, where Hudson has selected a port facility that can receive, warehouse and transload material to cus - tomers worldwide. North American Nickel Inc. [NAN- TSXV; WSCRF-OTCQB] has been exploring for nickel, copper, cobalt, platinum group elements at its 100%-owned Maniitsoq Project in southwest Greenland where it recently reported drilling intersected 7.0 metres grading 0.43% nickel. For 2019, the company will aim to identify, map and sample priority gossans at Maniitsoq with the ambition to acquire additional geoscience data needed to advance the opportunities to drill-ready targets. Norwegian-owned Greenland Ruby A/S (Greenland Ruby) owns the producing Aappaluttoq open pit ruby/pink sapphire mine on the southwest coast of Greenland. IT is operated by LNS Greenland A/S. This project was formerly owned and developed by True North Gems Inc. [TGX-TSXV]. AEX Gold Inc. [AEX-TSXV], which was awarded Prospector of the Year in 2018, has three projects in Greenland: Nalunaq, GREENLAND ❝â€Ĥa great variety of minerals have already been discovered in Greenland, namely zinc, lead, ruby, pink sapphires, rare earths, zirconium, graphite, gold, vanadium, coal, platinum, palladium, titanium sand, tungsten, copper, silver, anorthosite, cryolite, uranium, iron and more.❞

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