We have been mandated to sale the mining rights of our client in Greenland and Iceland. Our client has been granted nine exploration licenses in Iceland, and two in Greenland covering an area of approximately 1570 km2 with exploration license due to expire in 2025 and it consists of 12 exploration targets: 3 hematite targets with direct shipping ore (DSO) potential and 9 further magnetite targets.
Groundwork and geophysics have revealed the presence of a 19km iron formation with low deleterious elements and research commissioned to SRK consulting in 2012 estimated the exploration targets tonnage to be between 158 and 474 million tonnes.
Although potential iron ore projects/mines are plentiful worldwide, lack of adequate logistical connections, community nymbyism and government interference can pose considerably threats to the profitability of these projects. Contrary to that, our client’s Iron Ore Project offers immediate deep water access to DSO. Furthermore improved logistical access to remote areas, government incentives to encourage exploration and the retreating ice cap, exposing additional ground every year, have resulted in an unprecedented growth of foreign investment into Greenland.
We would be happy to send you the expert’s report and other presentations available if interested.
Asking Price Available On Request
Sales Available On Request
Profit Available On Request
You May Also Like
Investor Require for Iron Zinc Tin Mine #453095 posted Sep 3, 2016
We are the investment and fund management company. We have investment project with open Iron Mine which is have Zinc & Tin & Plumbum We need investor who can bring above 20 million Dollar to join 50% of mine share. The location of this mine in middle east.
Owner Sells $1m Dolomite Quarry, Dry Mortar JV, EU #219938 posted Jan 18, 2011
- Between $500,000 and $1,000,000
Owner speculatively sells 3 dolomite quarries at $1m, that is 20% of valuation of proven total monolithic deposits of 6,500,000cbm, the mineral commodities exploitation in Eastern EU. Also, or alternatively, seeks JV to restart up plant manufacturing of dry building mixes, Dry-Mortar based on dolomite,...
Owner Sells Best Marble Quarries #238803 posted May 10, 2011
- Between $2,500,000 and $5,000,000
Owners consider sale over 51% share, opportunity for M&A of prospective marble extractor, mineral commodities exploitation. Stone is dolomite of extra quality, white and brown. Massive use: Islamic, Russian and Chinese architecture. Over 80 000 cbm of proved and probable reserves, Open pit mining,...
Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.