Skaergaard project.

One of the world’s largest undeveloped gold and palladium resources

Opportunity

The Skaergaard project is one of the world’s largest undeveloped gold and palladium resources

 

  • Mineral Resource Estimate comprised of an Indicated Resource of 5.51 Moz PdEq (81.6 Mt at 2.1 g/t PdEq) and an Inferred Resource of 14.4 Moz PdEq (217.3 Mt at 2.05 g/t PdEq) with effective date of April 15, 2021. Deposit contains high grade palladium, gold, and platinum with potential for vanadium, iron, titanium and other secondary elements
  • Past metallurgical testing has demonstrated gold & palladium may be recovered through floatation with high recoveries
  • One of the largest known palladium deposits outside South Africa and Russia

Strong development potential

 

A$16 million invested in drilling, metallurgy and studies

 

  • Located on the east coast of Greenland
  • Deposit also contains titanium, ilmenite, vanadium, copper and gallium
  • Metallurgical test work has demonstrated the amenability of the gold and platinum group metal mineralization to processing
  • Palladium market fundamentals robust  – price peaked over US$2,500/oz in January 2020

Want to learn more? Visit our investors section to download our corporate presentation.

Location

Located on the east coast of Greenland

Drilling

68 drill holes and 35,000m of diamond drilling

Mineral Resource Estimate

Completed mineral resource estimate in April 2021 and moving towards a PEA

Skaergaard Project

View the Skaergaard Project here:

Location

  • Located Greenland east coast, approximately 450km west of Iceland
  • Nearest townships are Ittoqqortoormiit 500km to the north-east and Tasiilaq 500km to the south
  • Nuuk, the capital of Greenland, is located approximately 1,000km to the south-west
  • The project is accessible by helicopter or airplane and marine craft in the Mikis Fjord when there is no sea ice
  • The Government is proactively trying to attract resource capital