Fact Sheet 1, 2002

Gold mineralised occurrences in South Greenland are located within two major geological environments, the Archaean and the Palaeoproterozoic. During exploration activity in the 1980s and the 1990s the knowledge about gold mineralisation has been increased and refined. Consequently the potential for locating viable gold deposits in the future has improved. As the result of recent exploration and research, a new mine is expected to be in operation soon (2003) at the Nalunaq deposit.