Major Field Work Programme Commencing in West Greenland

Published on Jun 03, 2008

Avannaa Resources Ltd (“Avannaa”) is commencing a large programme of fieldwork on its project portfolio in West Greenland.

Avannaa’s portfolio comprises nine distinct projects located within four licence areas covering a total of 3,158 square kilometers in West Greenland between latitudes 68°N and 72°N. Seven of the nine projects are located within the northeast Disko Bay region and will be serviced from a single basecamp using an EC120 helicopter chartered from Air Greenland/Unifly a/s. Eleven geologists and five support personnel are involved in the operation which will run from June 9th to September 1st 2008.

The most advanced projects in 2008 are focusing on diamonds, gold and iron ore and consist of respectively alluvial and hard-rock diamond projects covering a large part of the Disko Bay region, a gold project at Saqqaq and an iron-ore project at Itilliarsuk.

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Press Release - 03/06/2008

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