Nunaminerals has announced it has discovered what it calls a strong gold
mineralisation belt at Jokum’s Shear near Nanortalik.
“This is an exciting development of our South Greenland gold projects. Earlier
this year, our initial drilling program at Vagar Gold Project was very
successful…” Nunaminerals CEO Ole Christiansen says in a Stock Exchange
“Now, the identification of gold within igneous rocks 90 km further to the
northeast within the same gold province confirms our expectation that we are
within a significant and poorly explored gold belt” Christiansen adds.
The Stock Exchange announcement says that Jokum’s Shear has previously been
covered by a local glacier, which has retreated making the area accessible.
Nunaminerals says that the zone appears to be the same structure holding the
Kangerluluk Gold Project a further 25 km to the northeast “increasing the
prospectivity of the region considerably”.
The company, which is headquartered in the Greenland capital Nuuk, adds that
Greenland’s geology has similarities with that of mining countries such as
Canada, South Africa and Australia, each of which have substantial mineral
deposits of gold, platinum, nickel and copper.
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