Copenhagen: "NUNA".CPH

Ownership of NunaMinerals is distributed as follows: 33.7% is owned by the Government of Greenland, 16.9% by LD Fund A/S, 13,4% by Rudersdal A/S and the rest by more than 2000 private investors. The object of NunaMinerals is to develop and utilise Greenland's natural mineral resources on a commercial basis. Our success criterion is to create a revenue-generating business having its roots in Greenland society.    
  The geology of Greenland is comparable to the geology of countries such as Canada, Australia, Sweden and Finland in which mining is an important industry. In recent years, international exploration activities in Greenland have boomed. The world has discovered the mining prospects of Greenland. Exploration activities have led to the establishment of two mines in Greenland during the past few years, and other exploration projects are expected to develop into mines in the next few years.

In recent years, NunaMinerals has made targeted efforts in preparing for these developments, and at present our portfolio comprises exploration projects at various development stages, which are attractive to joint venture partners. Our strategy is to identify projects for focused exploration. The potential of such projects is substantiated, and we aim at forming partnerships with resourceful companies. The basis of partnerships is that the partners in our projects will earn an interest in our projects by adding additional technical and financial strength to the projects. At NunaMinerals, we intend to exploit our knowledge about the mineral potential of Greenland to form new partnerships with international partners for exploration activities in Greenland. We have extensive knowledge of mineral potential and practical prospecting, acquired through many years of exploration. NunaMinerals discovered the gold deposit in southern Greenland. NunaMinerals has been involved in the development of the project, and throughout the years, we have gained valuable knowledge, insight and experience of exploration projects, from the development of projects to the initiation of mining operations.  At NunaMinerals, we focus on our core competences, minerals exploration, for which reason we sold our interest in the gold mine to our partner, Crew Gold Corporation, in 2007.

   Our current key activities involve gold exploration within the Nuuk Gold Province (including the Storø gold deposit and several gold occurrences withing Arhaean greenstone belts), the Nanortalik Gold Province (including the high grade Amphibolite Ridge prospect, the Kangerluluk prospect and several other gold occurences within Proterozoic granite-greenstone terranes) as well as strategic commodities as Rare Earth Eelements (REE), tungsten and antimony. Other prospects include IOCG-type copper-gold prospects, diamond prospects as well as PGE prospects.

   Please visit our web-site: www.nunaminerals.com for further information including af full list of annual reports and stock exchange announcements.

   NunaMinerals is listed at Nasdaq OMX Copenhagen (Copenhagen: NUNA.CPH).