You are in:
Avannaa Resources (English)
> Home
Avannaa Resources Limited is a junior mining exploration company. Avannaa’s primary geographical focus is Greenland. Commodity targets include precious metals, base metals, and diamonds. Avannaa’s vision is to become a leading junior mineral exploration company and its business will be driven by sound scientific practice combined with commercial integrity. Avannaa has two projects at resource delineation stage; the Qeqertaa diamond and Saqqaq gold.
Avannaa’s objective is to provide its shareholders with the considerable upside rewards inherent in mineral exploration in under-explored areas, while at the same time following strategies that protect the investment and provide a basis for a liquidity event in the form of IPO, joint venture or trade sale in the timeframe 2010-2012.
There are four components to Avannaa’s strategy:
- exploit the management team’s expertise in grass-roots exploration to find projects with high upside potential.
- exploit our geological insights in Greenland to create an opportunity pipeline and a diversified portfolio to manage and mitigate risk.
- optimise timing of a liquidity event to coincide growth of value in the portfolio with strength of the Company’s reputation in the mining and investor community.
- bring in development partners for production.