Avannaa Resources is a mineral exploration company looking for precious metals, base metals, diamonds and rare earth elements in Greenland. Avannaa’s vision is to become the leading mineral exploration company in Greenland and its business will be driven by geoscience and commercial excellence. Avannaa has two projects; Qeqertaa Diamonds and Karrat Rare Earth Elements where the next phase in exploration will be resource delineation via a combination of drilling and bulk sampling.
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 2012-2015.