Licence Area. 4.1 The Licence Area will be handed over to the Licensee in its “as is” condition on the Commencement Date.
Licence Area. 2.01 The Licence covers an area delineated by the corner coordinates indicated in Appendix 1. A map of the Licence Area is attached as Appendix 2.
Licence Area. True North Gems Greenland plans to set up a corundum mine with the necessary infrastructure and facilities for processing of ore onsite. The corundum deposit is located on and under a peninsula in the lake Ukkaata Qaava. The lake does not have an official name, but the name Ukkaata Qaava has been suggested. The lake is situated approximately 230 meters above sea level and approximately 3 km from the fjord Tasiusaa. The access to Tasiusaa from the fjord Tasiusarsuaq is through a narrow and shallow “Inner channel”, and the access to Tasiusarsuaq from the open sea is through another shallow narrowing named the “Outer channel”. The peninsula, where the mine is located, divides the lake into two basins.
Licence Area. None specified
Licence Area. 2.01 The Licence covers an area delineated by the corner coordinates stated in 0. A map of the Licence Area is attached as 0.
