Greenland

Overview

Resource
High grade Ni-Cu-Co
Area
3 exploration licenses, 3,048 km2
Type of Deposit
Magmatic High Nickel Tenor Sulphide zones and occurrences hosted within mafic/ultramafic intrusions associated within the 3.0 Ga Greenland Norite Belt
Accessibility
Year-round shipping season and potential for abundant hydro-electric power
Figure 1: Maniitsoq Project Location Map SW Greenland

The Maniitsoq Project is centered on numerous high-grade nickel-copper-cobalt-precious metal sulphide occurrences associated with the Greenland Norite Belt (GNB). The 3,048 km2 property contains the >75km-long belt of differentiated noritic intrusions along the southwest coast of Greenland within the Qeqqata Kommunia (municipality), and is accessible from the Seqi deep water port with a year-round shipping season and potential for abundant hydro-electric power. Greenland is a democratic, pro-mining country with a transparent regulatory system, competitive mining tax and no land claim issues. The Maniitsoq property is 100% owned by Premium Resources Ltd.

The project is centered approximately 125 km north of Nuuk, the capital of Greenland, and consists of three contiguous mineral exploration licences situated just east of the towns of Maniitsoq and Napasoq (figure 1).

Quick Facts

Greenland is a democratic, pro-mining country with a transparent regulatory system, competitive mining tax and no land claim issues
The Maniitsoq rock formation is of the Archean age formed 4,000 to 2,500 Million years ago
The Maniitsoq intrusions are interpreted to be approximately 3.0 Ga in age, making them some of the oldest documented district scale nickel occurrences in the world
The west coast of Greenland is ice free as a result of the West Greenland Current that moves warm North Atlantic waters northward

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