Issue link: http://resourceworld.uberflip.com/i/882975
O C T O B E R / N O V E M B E R 2 0 1 7 www.resourceworld.com 37 w w w . Te r r a L o g i c E x p l o r a t i o n . c o m 7 7 8 . 5 2 0 . 2 0 0 0 Geochemical surveys | Geological mapping & prospecting Drill programs | Camp Construction & Management Data Management | Custom GIS solutions Cartography D R I V E N B Y D I S C O V E R Y • Large Land Package with Proven Diamonds and Gold; Recently Expanded 38% to 1,664 km 2 • At-surface Kimberlite Targets Include High-Grade, Attractive Diamonds • Project Terrain Accessible Year-Round • World Renowned Diamond & Discovery Board. Greenland Minerals and Energy Ltd. [GDLNF-OTC] to work towards establishing an offtake agreement for uranium that may be produced from its Kvanefjeld Project in southwest Greenland. Kvanefjeld is one of the world's largest undeveloped resources of both rare earth elements and uranium. Hudson Resources Inc. [HUD-TSXV; HUDRF-OTC] has arranged a US $22.5 million financing to complete construction of its White Mountain anor- thosite (calcium feldspar) mine in western Greenland. The mine, which will have over 100 years of life, will supply feed product to the E-Glass fiberglass market, the paints and coatings business and the alumina industry. Hudson also owns the Sarfartoq rare earths project in Greenland which has a positive PEA. "The Arctic does have its challenges,'' said Thomas Ullrich, CEO of Aston Bay Holdings Ltd. [BAY-TSXV], which is focused on the exploration and development of the Storm Copper and Zeal zinc projects on Somerset Island, Nunavut. But even before the Northwest Territories diamond discoveries, the devel- opment of Polaris and Nanasivik mines in the mid-1970s demonstrated that those challenges can be overcome. Polaris was located on Little Cornwallis Island, Nunavut, about 1,120 km north of the Arctic Circle. Closed in July 2002 after almost 20 years in pro- duction, it was described as an astonishing feat of engineering for its time. A key feature was a 210-metre long storage warehouse that was the largest standing structure in Nunavut. Nanisivik, which operated between 1976 and 2002, was Canada's first DUNNEDIN VENTURES SPINNING OFF GOLD COMPANY In a rare geological circumstance, Dunnedin Ventures Inc. [DVI-TSXV; OCPFF-OTC] is fortunate to have both diamonds and gold on its 100%-optioned Kahuna property 25 km west of Rankin Inlet, Nunavut. The property hosts diamondiferous kimberlite dykes as well as pipes. An inferred resource showed over 4 million carats of macrodiamonds (over 0.85 mm grading 1.01 carats/ tonne. All land use, water use and access permits have been received from local, territorial and federal govern- ments to allow a winter drill program. Funding is in place for drilling. The Kahuna property is adjacent to Agnico-Eagle's Meliadine gold mine project which is perhaps why gold trends onto the Dunnedin ground in a banded iron forma- tion over a widespread area. Bedrock and soil sampling (gold flakes in soil), geophysics and some drilling have been completed. The gold segment will be a big project in itself so Dunnedin will be spinning out a separate gold exploration company in the near future, tentatively named Dunnedin Gold Inc. A diamond drilling program is planned.