It rivals the size of Western Europe and hosts some of the largest undeveloped gold resources. Send this to a friend Hi, I thought you might find this interesting: Gold Mining in Nunavut: As well, modern exploration techniques in gold mining in Nunavut have led to the discovery of new gold camps across the territory.
Two of those discoveries are now producing gold mines: TMR Hope Bay project.
Recent Nunavut articles
InAgnico Eagle plans to commence production at two new mines in the resource-rich Kivalliq region — Amaruk, a satellite deposit to the north of Meadowbank, and Meliadine, which has proven and probable reserves of Gold mining in Nunavut: Explorers are unlocking value The low cost of entry and high potential for discovery and expansion in a mining-friendly jurisdiction is highly appealing for junior resource companies.
Although Nunavut is considered a frontier district, previously explored properties with valuable data and existing infrastructure are available for those companies looking for attractive acquisition targets. KIV pick up of the Baffin gold project Qikiqtani region are prime examples.
NEM and Prosperity Goldfields. The large square-kilometer Kiyuk Lake claim block hosts numerous intrusion-related gold showings over a kilometer strike length that remains largely untested by drilling. Four distinct mineralized zones with significant expansion potential have been identified at Kiyuk Lake.
So far, five new additional target areas have been identified and are ready for drilling. This INNspired Article is brought to you by: CAY is a Canadian mineral exploration company focused on advancing exploration at its percent owned Kiyuk Lake gold property. Send me an Investor Kit Located in one of the largest undeveloped greenstone- iron formation gold belts in the territory the Foxe Gold Beltthe Baffin gold project covers a mineralized gold system hosting known high-grade gold occurrences in multiple geological settings, with structural similarities to Meadowbank.
AU and Commander Resources between and The existing infrastructure at Baffin including a camp and two 1,meter DEW Line airstripsalong with 15 prospecting permits and a mineral exploration agreement with Nunavut Tunngavik already in place, will help Kivalliq rapidly advance exploration and the potential development of the project.
DVI recent gold discovery at Kahuna in the Kivalliq region. The ,hectare Committee Bay gold project is situated along the Committee Bay Greenstone Belt, about kilometers northeast of the Meadowbank mine.
Auryn has identified 17 high-priority targets along the belt. The project hosts the Three Bluffs gold deposit with an indicated resource ofounces grading 7.
Named after the Hope Bay Greenstone Belt in which it lies, the project has a historical database dating back to work conducted by BHP in Impact and benefit agreements with the Kitikmeot Inuit Association were in place under Newmont.