Crew Gold Corporation - Nanortalik Exploration License

IN THIS SECTION

› Nalunaq Gold Mine
› Masara Gold Mine
› Lefa Corridor Gold Project
› Barberton Mines Limited
› Nanortalik Exploration License
› The Wa Property Gold Exploration Project
› Mindoro Nickel Project
› Pamplona Sulphur Project
› Nordli porphyry-molybdenum deposit
› Seqi Olivine fee
› Three Recently Acquired Exploration Projects

Nanortalik Exploration License – southernmost Greenland

Our exploration team has located several gold occurrences in the district, in different geological settings, and believes there is a potential for commercial gold deposits in the license area.

The Nanortalik Exploration License, which is held over an area of 265 square kilometers in southernmost Greenland, is a joint-enture project between Crew Nalunaq Denmark ApS (80%) and NunaMinerals (20%). The property is operated by the Corporation as an earlystage exploration project.

The Nanortalik exploration area is the remaining portion of the original Nalunaq concession area, after the Nalunaq Mining License itself has been carved out from the initial 1,081 km2 concession. The Corporation has located several gold occurrences in the district, in different geological settings, and believes there is a potential for commercial gold deposits in the license area.

Exploration in the Nanortalik area
The regional exploration campaigns have included surface prospecting and sediment/scree sampling to examine a series of significant NNE-SSW trending belts of anomalous samples. Twenty-three rock samples returned more than 1 g/t and seven of these more than 3 g/t. The richest rock samples contained 56 and 33 g/t respectively and were collected at the southern extension of the anomalous belt north of Nanisiaq. The results confirm the existence of at least two clusters of gold mineralization in the Nanisiaq peninsula. The high amount of glacial debris, however, makes interpretation complicated.

Continued low-cost prospecting and sampling are expected to lead to the recognition of currently unrecognized types of mineralization that have caused the extensive gold signatures in this area.

The exploration so far has been unable to identify mineralization with commercial potential, but one of the structures identified termed “Nanisiaq”, hosts a two kilometer mineralized structure where systematic sampling has revealed 4 g/t of gold on average, over 1 m. The volume of this occurrence is small but remains an important symptom of the potential of this area.