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True North Gems Inc. (TSXV:TGX) announced that it has sold its interest in the Bandito project in the Yukon Territory to Endurance Gold Corporation (TSXV:EDG) for a combination of shares and cash.
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6/13/2011· VANCOUVER, BRITISH COLUMBIA True North Gems Inc. is pleased to announce the filing of the exploitation permit application for the Aappaluttoq Ruby and Pink Sapphire Project in Southwest Greenland.
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In that context, True North Gems'' Aappaluttoq Ruby Project is coming on stream at just the right time for the ruby market, which is worth billion annually. Basically, ruby is a form of aluminium oxide (Al2O3), or corundum, which at nine on the Mohs scale sits
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Coloured gemstone exploration company True North Gems Inc has announced the appointment of W Gram Nicholls as executive vice president. In his role, Nicholls will concentrate on finalising the exploitation permit and the rapid commissioning of the Aappaluttoq Ruby Mine in SW Greenland.
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The LNS Group and LNSG have now provided financing to True North and True North Gems Greenland A/S ("TNGG"), True North''s local operating subsidiary as follows: LNS Group invested CDN3,000,000 in True North through the purchase of 28,571,428 Class A common shares of the Company ("Shares") at a price of CDN per share;
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8/26/2015· True North Gems Inc. is pleased to announce that it has signed a share purchase and option agreement with Greenland Venture A/S under which Greenland Venture will
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True North Gems Inc. Mailing Address: Suite 700 1055 West Georgia Street Vancouver, BC V6E 3P3: Head Office Address: Suite 700 1055 West Georgia Street Vancouver, BC V6E 3P3: Contact Name: Ken Ralfs: Principal Regulator: British Columbia: Business email address: info Short Form Prospectus Issuer: No: Telephone Number
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The rubies and pink sapphires coming out of Greenland are about ready to make their debut. Greenland Ruby officially announced the start of production at Aappaluttoq in May, making headway on a project that stalled after the former owner of the license to mine the site, True North Gems, ran into financial troubles. Aappaluttoq is Greenland''s first corundum mine, located about 155 miles south
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8/13/2013· About True North Gems Greenland A/S: True North Gems Greenland A/S is the Company''s operating subsidiary in Greenland. The definitive agreements outlined in this release will result in True North Gems Inc. retaining approximately 80% of Greenlandic Operations. LNSG will own approximately 20% once their earnin is completed. About LNSGreenland A/S:
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5/26/2017· The area originally was being mined by True North Gems, but the company entered into voluntary bankruptcy in September. The mining license for the Aappaluttoq Ruby Mine then was awarded to LNS Greenland, an investor in the project, after it made a bid. Terms of the deal were not disclosed.
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11/13/2014· True North Gems Greenland A/S ("TNGG") has also recently retained the services of a highly experienced Greenlandic civil engineer to oversee the construction management of the project.
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9/13/2016· Last week, the long awaited and much spokenoff ruby and sapphire project in South West Greenland came to a halt when True North Gems Greenland (TNGG) filed
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9/11/2014· True North Gems Secures 11 million Finance Package for the Aappaluttoq Ruby Project in SW Greenland Email Print Friendly Share September 11, 2014 12:28 ET | Source: True North Gems
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10/31/2014· True North Gems expects constructing Greenland''s first ruby mine. True North Gems was granted a 30year mining licence in March and a construction permit in July for its Aappaluttoq project
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the vancouver, british columbia–based mining operation has inked a deal to help it get started on construction of a site to mine rubies and pink sapphires.
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True North Gems Inc is raring to kickstart its ruby and pink sapphire mining operations in the southwest coast of Greenland in 2012, the TSX Venture Exchangelisted company said. Greenland is home to the potentially rich mine of Aappaluttoq, which the company believes can guarantee a stable supply and an ethical source of ruby and pink sapphire.
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12/17/2008· GREENLAND — True North Gems of Vancouver is making plans to develop its Aapaluttoq (apalootock) ruby project. The scope of work is expanding to an environmental study and engineering to develop a comprehensive mine plan. The plans will be submitted to the Greenland government which may ultimately issue a mining permit.
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The IBA for True North Gems Greenland''s ruby mine was signed on 16 June 2014 by True North Gems Greenland(TNGG), the Municipality of Sermersooq and the Government of Greenland in Qeqertarsuatsiaat. More than a year has passed and the three parties to the IBA are very pleased to publish the first evaluation and monitoring report.
WhatsApp Greenland Ruby In our last newsletter we wrote about the Ruby deposits in Mocambique, where production is expected to start at the end of the year. Today we report about the Aappattuloq Ruby project in Greenland, owned and operated by the Canadian company True North Gems Inc., headquartered in Vancouver.
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11/13/2014· VANCOUVER, BRITISH COLUMBIA(Marketwired Nov. 13, 2014) True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to provide a development update at the Aappaluttoq mine site in SW Greenland. Mobilization of equipment for True North''s Aappaluttoq Ruby and Pink Sapphire project commenced on September 23, 2014 (see previous press release).
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VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 6, 2009) – True North Gems (TSX VENTURE:TGX) is pleased to announce that the field related components of the 2009 advanced exploration and engineering program have been completed at the Company''s owned Fiskenaesset Ruby Project located on the southwest coast of Greenland. The strategic focus of the 2009 program
WhatsApp 11/26/2007· True North Gems doing some search tests in the Aappaluttoq site in Greenland. A few years ago they discovered a 440carat ruby crystal there, and it was cut
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(IDEX Online) – The government of Greenland has awarded True North Gems Inc. an exclusive 30year mining license for the Aappaluttoq ruby deposit in Greenland. "Today marks the culmination of our exploration, delineation and major permitting 2004 we have worked hard to plan a sustainable mining operation that showcases the economic opportunities for our shareholders and the
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Greenland Venture will invest a total of million DKK (approx 800,000 CAD) with True North''s wholly owned Greenlandic subsidiary True North Gems Greenland (TNGG). Working capital and loan These funds will be utilized for general working capital and will also facilitate the public hearings and other Greenlandic matters during the final
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