North Gem Greenland Project

Nov 13, 2014 True North Gems Greenland A/S ( TNGG ) has also recently retained the services of a highly experienced Greenlandic civil engineer to oversee the construction management of the project.

Dec 05, 2007 Dec. 5, 2007 - PRLog-- Focused on its Fiskenaesset ruby project on the southwest coast of Greenland, True North Gems (TSX.V: TGX) is finding some of the most precious gems in the world.True North is the only publicly traded company in North America and one of only a handful in the world trading in coloured gemstones.

Currently going through name changes due to the difficulty of pronunciation of Greenlandic names by the gem industry. Greenlandite. Greenlandite was discovered in the 1960s during the survey of the large iron deposit, Isukasia north of Nuuk. Greenlandite was subsequently discovered in several localities in the Godhabsfjord area.

Oct 31, 2014 The Aappaluttoq project is located in southwestern Greenland. Canadian junior True North Gems (TSX-V:TGX) is fine tuning details to start building an …

Jul 25, 2012 The True North Gems Inc. has been involved in the Fiskenaesset ruby project on the southwestern coastal regions of the country and has declared an estimated ruby resource of about 296 million carats. From a 30t sample, single pink sapphire was valued at $460 per carat and single ruby was valued at $3,220 per carat.

Jul 25, 2012 The True North Gems Inc. has been involved in the Fiskenaesset ruby project on the southwestern coastal regions of the country and has declared an estimated ruby resource of about 296 million carats. From a 30t sample, single pink sapphire was valued at $460 per carat and single ruby was valued at $3,220 per carat.

Jan 08, 2018 The GEM database allows you to search using more than 1,500 different parameters – everything from the numbers of different animals and insects to temperature fluctuations. GEM project makes data on Greenland freely available to all

Aug 13, 2013 True North Gems Inc. signed option and related agreements with LNS Greenland A/S, allowing its new partner to earn 20 percent of the issued and outstanding Class A shares of True North Gems Greenland (TNGG) in exchange for approximately $23 million. The amount covers the majority of True North Gems' Aappaluttoq ruby mine capital costs.

Today we report about the Aappattuloq Ruby project in Greenland, owned and operated by the Canadian company True North Gems Inc., headquartered in Vancouver. The deposits, covering an area of 832km 2 , are lo ed near the town of Qeqertarsuatsiaat Danish: Fisken sset on the southwest coast, about 160km south of the capital Nuuk.

Greenland Venture will invest a total of 4.5 million DKK (approx $800,000 CAD) with True North’s wholly owned Greenlandic subsidiary True North Gems Greenland (TNGG). Working capital and loan These funds will be utilized for general working capital and will also facilitate the public hearings and other Greenlandic matters during the final ...

Sep 12, 2017 The rubies and pink sapphires coming out of Greenland are about ready to make their debut. Greenland Ruby officially announced the start of production at Aappaluttoq in May, making headway on a project that stalled after the former owner of the license to mine the site, True North Gems, ran into financial troubles. Aappaluttoq is Greenland’s first corundum mine, located about 155 …

Aug 13, 2013 True North Gems will reimburse LNS the construction costs for the process circuit building and the administration and sorting offices in Nuuk. Based upon prior economic studies, True North Gems estimated that costs for those components will total about $14 million, with this capital cost variation risk to be assumed by TNGG.

Nov 02, 2016 True North had two parallel strategies - financing at a True North Gems Greenland A/S ( TNGG ) project level, and financing at the corporate TNG level. At the TNGG project level staff and consultants completed an exhaustive 4-month due diligence process with a large Scandinavian fund.

Oct 27, 2019 A surface showing of pink sapphire and ruby mineralization at True North Gems’ Kigutilik gemstone project in Greenland. (Image by True North Gems). Though 80% of Greenland…

Greenland Venture will invest a total of 4.5 million DKK (approx $800,000 CAD) with True North’s wholly owned Greenlandic subsidiary True North Gems Greenland (TNGG). Working capital and loan These funds will be utilized for general working capital and will also facilitate the public hearings and other Greenlandic matters during the final stages of permitting for the Aappaluttoq Ruby Project.

Nov 13, 2014 Mobilization of equipment for True North's Aappaluttoq Ruby and Pink Sapphire project commenced on September 23, 2014 (see previous press release). LNS Greenland A/S ( LNSG ) has mobilized very efficiently and True North is extremely impressed at the progress of development achieved by LNSG in such a short time period.

Jan 08, 2018 The GEM database allows you to search using more than 1,500 different parameters – everything from the numbers of different animals and insects to temperature fluctuations. GEM project makes data on Greenland freely available to all

Aug 26, 2015 True North Gems has secured $4 million in financing in support of its Aappaluttoq Ruby Project in Southwest Greenland. This latest round of financing comes from Greenland Venture, which has purchased 7 percent of the shares of True North’s Greenland subsidiary, True North Gems Greenland.

Aug 26, 2015 VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2015) - True North Gems Inc. (TSX VENTURE:TGX) ( True North , TNG or the Company ) is pleased to announce that it has signed a share purchase and option agreement (the Share Purchase Agreement ) with Greenland Venture A/S ( Greenland Venture ) under which Greenland Venture will purchase 5,722,940 issued …

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Sep 13, 2016 Last week, the long awaited and much spoken-off ruby and sapphire project in South West Greenland came to a halt when True North Gems Greenland (TNGG) filed …

Sep 11, 2014 True North Gems Secures $11 million Finance Package for the Aappaluttoq Ruby Project in SW Greenland September 11, 2014 12:28 ET | Source: True North Gems Inc. True North Gems …

Dec 05, 2007 Dec. 5, 2007 - PRLog-- Focused on its Fiskenaesset ruby project on the southwest coast of Greenland, True North Gems (TSX.V: TGX) is finding some of the most precious gems in the world.True North is the only publicly traded company in North America and one of only a handful in the world trading in coloured gemstones.

True North Gems shall encourage the formation of alliances and joint ventures between foreign enterprises and Greenland enterprises (Art. 11). True North Gems will outsource the transport and service of the camp to local business (Appendix 2). True North Gems shall offer corundum (ruby and sapphire) for local sale at market prices (Appendix 9).