NAMA´s field activities at Kuhn Island are planned to start early August 2013, preperation for a very ambitious exploration program is well on its way. Team of six geologists are expected to be mapping and sampling at the Island for a period of 3-4 weeks. General facts about the Island and the Project: Kuhn Ø is Read more about 27/06/2013 – KUHN ISLAND – FIELD WORK TO START IN AUGUST[…]
Red Rock Resources Plc. and the investor have advised NAMA that technical due diligence has been completed satisfactorily and that transaction documentation is in the process of being finalized. The closing of this transaction is now scheduled to take place upon conclusion of this process.
As announced by NAMA´s Joint Venture partner Red Rock Resources Plc. on the London Stock Exchange on 8 January 2012, NGL was expected to issue 35% of its shares so as to bring Red Rock’s shareholding to 60%. NGL has now advised that it will issue and allot to Red Rock sufficient shares in NGL Read more about 11/02/2013 – RED ROCK RESOURCES PLC. ACQUIRES MAJORITY IN MELVILLE BUGT PROJECT[…]
Greenlands Bureau of Minerals and Petroleum (BMP), the Geological Survey of Denmark and Greenland (GEUS) and several exploration companies will present the latest results from exploration in Greenland at a ‘Greenland Day’ during the PDAC in Toronto. Vilhjalmur Vilhjalmsson, CEO of North Atlantic Mining Associates (NAMA), is to talk about Banded Iron Formation in the Thule region, Read more about 11/02/2013 – NAMA TAKES PART IN GREENLAND DAY AT THE PDAC[…]
This season, NAMA and its JV partner Red Rock Recourses Plc. (RRR) have defined a folded, fault repeated iron formation at both the Havik East and Havik Northeast Prospects in Melville bugt, Greenland – these bodies are a short distance apart, considered to be the same horizon, and being assessed together for resource potential. Read more about 18/12/2012 – ASSAY RESULTS EXCEED FIELD ESTIMATES FOR HAVIK DRILLING[…]
NAMA has acquired 35,294,118 shares of it´s Joint venture partner in the Melville bugt iron ore project, Red Rock Resources Plc. (RRR), at 1.7 pence a share. NAMA will hold 3.65% of the Company’s issued share capital upon completion of the purchase. Vilhjalmur Vilhjalmsson, CEO of NAMA Ltd. commented: “We feel at this stage Read more about 20/09/2012 – NAMA ACQUIRES 3,65% OF RED ROCK RESOURCES PLC.[…]
The drilling season at our JV project with Red Rock Resources Plc, at the Melville bugt in NW-Greenland has come to an end for this season, with over 4000 meters drilled in 27 holes. The team of 30 emploees have arrived back to their homes for a well deserved break. It´s safe to say that the results Read more about 19/09/2012 – THE 2012 MELVILLE BUGT DRILL PROGRAM COMPLETED[…]
NAMA will participate in the Mines and Money 2012 exhibition at the Islington Business Design Centre in London, December 2-6th. NAMA will be at stand 25A at the exhibition. For more information about the exhibition please visit the Mines and Money website. November 15-16th, NAMA´s CEO Vilhjalmur Vilhjalmsson, will be a speaker at the Arctic Marine Read more about 11/10/2012 – NAMA AT EXHIBITIONS AND CONFERENSES[…]
NAMAs ship Fjola arrives at the Melville Project with supplies and equipment from our base at Iceland. The Helicopter is slinging the equipment to the camp.
Work is underway with the Melville camp , The camp has been setup and drilling has commenced. Presently over 1000m of core have been drilled and logged. Samples are soon to be taken and sent back to the labs for analysis. The Camp is shaping up well with all of the structures up. Telephone and Read more about 05/06/2012 – MELVILLE EXPLORATION UPDATE, JULY 2012[…]