Infrastructure is excellent, with the ilmenite (titanium) project sitting approximately 30 km from the international airport and deep-water port of Thule Air base both of which are serviced by several airlines, including Air Greenland, several times a week. Greenland benefits from a pro-mining and supportive Government and community.
It was originally discovered in 1915 however it is only in the last 15 years that exploitation has become possible due to the profound environmental and climactic changes this part of the world is experiencing. Initial exploration results from work conducted in 2015 by the asset’s previous owners, Bluejay, along with a large amount of historical work performed by GEUS and others all indicate the presence of a very large and unusually pure titanium deposit (an ilmenite).
Infrastructure is strong, with the project sitting approximately 30 km from the international airport. Greenland benefits from a pro-mining.
The Pituffik Project is located on the Steensby Land peninsular in the north west of Greenland and is centered on the closed settlement of Moriusaq in the Qaasuitsup municipality. The Pituffik Project is 83km south of the regional settlement Qaanaaq.
The magmatic Cu, Ni & PGE project at Disko & Nuussuaq in West Greenland has been the subject of more than three decades of exploration with Cominco in the 1980s, Falconbridge in the 1990s and Vismand Exploration in the 2000s all making the positive decision to invest in these discoveries.