Projects overview

We have made a strategic decision to concentrate on two commodities, gold as well as iron ore, marking a significant stage in our development. We are no longer simply mineral explorers but have become an exploration and production business.

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Greenland

A significant 2012 exploration drilling programme followed up on the 2011 exploration at Melville Bugt in Greenland. Results have been encouraging and the team has moved the project from the greenfield stage to the definition of a new iron ore province.
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Colombia

Red Rock Resources operations at El Limon, located on the Frontino Gold Belt. Progressive improvements under the Company’s management improve mine operations.
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Kenya

The previously overlooked Migori gold belt in Kenya is a promising exploration asset. The recent agreement by Aviva Corporation Ltd to sell its nearby gold assets to African Barrick Gold plc has increased the prospects of Kenya following Tanzania up the ranks of Africa’s gold producers.
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