True North Gems Completes Initial Stakeholder Meetings in Greenland
Published : March 03, 2011

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Keywords :   Emerald | Greenland | Market | Ruby | Sapphire |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2011) - True North Gems (News - Market indicators) is pleased to report that it has successfully completed stakeholder workshop meetings, representing the first stage of the socioeconomic impact assessment (SIA) process for its Aappaluttoq Ruby Project. The SIA is being coordinated by Danish-Greenlandic consultants Grontmij-Carl Bro and is an integral component of the company's exploitation (mining) permit application.

Several meetings were arranged by both True North Gems and Grontmij-Carl Bro over a week long period, allowing for feedback and input from the local communities and other interested stakeholders. 

Nicholas Houghton, CEO and President of True North Gems stated, "It was extremely gratifying to see the community and other meetings well attended, resulting in a very informative and positive dialogue that will be integral to the success of the project. The knowledge gained from the initial workshops will allow the company to consider the needs and priorities of the local communities as well as the Greenland government and advance our permit application as scheduled." 

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North's prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland. 

The Company relies on litigation protection for "forward-looking" statements. The Aappaluttoq project does not yet have a mineral resource or reserve and accordingly no economic evaluation has yet been done. Accordingly, investors are cautioned that, although management is proceeding with an exploitation (mining) permit application, the Aappaluttoq project may never achieve successful commercial production.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

For more information, please contact

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055
or
True North Gems Inc.
Ken Shortt
Investor Relations
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com
Data and Statistics for these countries : Greenland | All
Gold and Silver Prices for these countries : Greenland | All

True North Gems Inc

EXPLORATION STAGE
CODE : TGX.V
ISIN : CA89784R1055
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True North Gems is a and nickel exploration company based in Canada.

True North Gems holds various exploration projects in Canada.

Its main exploration properties are FISKENAESSET (GREENLAND RUBY) in Greenland and TSA DA GLISZA (YUKON EMERALD), BANDITO and BELUGA SAPPHIRE in Canada.

True North Gems is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 20.0 millions as of today (US$ 14.6 millions, € 13.7 millions).

Its stock quote reached its highest recent level on December 06, 2002 at CA$ 1.75, and its lowest recent point on October 17, 2018 at CA$ 0.01.

True North Gems has 307 740 000 shares outstanding.

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Annual reports of True North Gems Inc
Annual Report 2007
Financings of True North Gems Inc
5/27/2013to Close Second Tranche of Brokered Private Placement
4/8/2013Completes $500,000 First Tranche of Brokered Private Placeme...
4/12/2011Announces $3.0 M Private Placement
Nominations of True North Gems Inc
10/17/2012Appoints Vice President of Engineering
Corporate news of True North Gems Inc
1/28/2016True North Gems Announces US $21 million Strategic Offtake A...
12/2/2015True North Gems Commences Mining at the Aappaluttoq Ruby and...
10/19/2015Aappalutoq Ruby Mine Reaches 75% Completion and Joint Ventur...
9/30/2015True North Gems Pours Concrete for the Aappaluttoq Ruby and ...
8/26/2015True North Gems Secures US$4 Million in Financing for the Aa...
7/8/2015True North Gems Announces Corporate Change and AGM Results
3/18/2015Files Pre-Feasibility Study and Provides Construction Update...
2/26/2015True North Gems Appoints Raymond Simpson to Board of Directo...
2/25/2015True North Gems Announces Positive Update to Aappaluttoq Pre...
2/2/2015True North Gems Appoints Hayley Henning as Vice President fo...
1/29/2015True North Gems Provides Aappaluttoq Construction Update
1/6/2015True North to Update Aappaluttoq Pre-Feasibility Study
12/16/2014True Norths Gems Inc.: Mine Development Progress Report for ...
12/3/2014Greenland parties in coalition talks, mining in focus
11/13/2014True North Gems Provides Mine Development Update for the Aap...
10/30/2014True North Gems Closes $11 Million Finance Package for the A...
9/23/2014True North Gems and Partner Initiate Construction at the Aap...
9/11/2014True North Gems Secures $11 million Finance Package for the ...
6/27/2014True North Gems Announces AGM Results
6/4/2014Municipality of Sermersooq Approves Impact Benefit Agreement...
5/30/2014True North Gems Obtains Greenland Government Approval for Ru...
9/19/2013Announces Formal Invitation to Commence The Impact and Benef...
9/5/2013Concludes Successful Public Hearings
8/26/2013Greenland Government Announces Public Hearing Dates for True...
8/20/2013Completes Successful Greenland Information Meetings
8/9/2013Provides Corporate Update
7/16/2013Announces Greenland Public Hearings Schedule
6/10/2013Greenland Government Initiates Public Hearing Process Follow...
3/25/2013Announces $15.75 Million Strategic Investment by Lenomi Hold...
1/28/2013Completes Sale of Fyre Lake Properties
1/21/2013Completes Sale of Yukon Rare Earth Project
11/6/2012Completes Oversubscribed $1.1 Million Private Placement
6/13/2011Applies for Mining Permit on the Aappaluttoq Ruby Deposit
6/1/2011Receives Positive Pre-Feasibility Study for Aappaluttoq Ruby...
5/17/2011Announces Initial Mineral Resource Estimate for Aappaluttoq ...
4/29/2011Is Pleased to Announce the Completion of the Second Tranche ...
4/26/2011Completes $2.76 Million First Tranche Private Placement Over...
4/5/2011Advances Aappaluttoq Permitting With Terms of Reference for ...
3/3/2011Completes Initial Stakeholder Meetings in Greenland
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