TGX Stock Discussion

True North Gems Inc. Description

True North Gems Inc. is engaged in the exploration and development of colored gemstone deposits in Greenland and Canada. The Company operates through the acquisition, exploration and development of mineral properties segment. The Company owns the Aappaluttoq Ruby and Pink Sapphire Deposit, which is located in southwest Greenland, south of the capital Nuuk. The Company holds a non-exclusive prospecting license, Licence 2016/18, for West Greenland. The Company's other properties include Baffin Island Property, Tsa da Glisza Property and True Blue Property. Baffin Island Property is located on southeastern Baffin Island, Nunuvut, near the town of Kimmirut. The Company owns interest in approximately 10 claims, NAIP I to NAIPI 10. Tsa da Glisza Property consists of over 90 claims located in the Watson Lake Mining District, Yukon Territory. The True Blue Property consists of approximately 300 claims located over 50 kilometers south of Ross River, Yukon.

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Mineral Properties Stone Prospecting Watson Lake Baffin Greenland Ruby Baffin Island Geography Of Nunavut