The Maniitsoq Project is centered on numerous high-grade nickel-copper-cobalt-precious metal sulphide occurrences associated with the Greenland Norite Belt (GNB). The 3,408 km2 property contains the >75km-long belt of differentiated noritic intrusions along the southwest coast of Greenland within the Qeqqata Kommunia (municipality), and is accessible from the Seqi deep water port with a year-round shipping season and potential for abundant hydro-electric power. Greenland is a democratic, pro-mining country with a transparent regulatory system, competitive mining tax and no land claim issues. The Maniitsoq property is 100% owned by Premium Nickel Resources Ltd.
The project is centered approximately 125 km north of Nuuk, the capital of Greenland, and consists of three contiguous mineral exploration licences situated just east of the towns of Maniitsoq and Napasoq (figure 1).