CORPORATE OVERVIEW

LOCATED IN GREENLAND

Over US$12M invested with more than 15km drilled in 86 drill holes The Fraser Institute ranked Greenland as the #1 area with highest global mineral potential Located 40 km NE of Nuuk, near London Mining, North American Nickel and Hudson Resources 100 % interest debt free on the most advanced gold exploration project in Greenland License 2014/11 with an area of 49km2 comprising two gold prospects, Storø and Qussuk Greenland is an autonomous territory within the kingdom of Denmark

FOCUS IS ON GOLD

Gold intercepts include 28.75m@6.74 g/t Au, 11.9m@12.70 g/t Au, 14m@4.89 g/t Au , 10.0m @15.02 g/t Au Independent valuation Report of US$11.7M (SRK Sweden, April 2012) NI 43-101 Technical Repot dated September 18, 2009 34 of 86 drill holes intersect visible gold Climate allows for nearly year-round mining and shipping

PROPOSED WORK

NI 43-101 Technical Report currently finalized being updated by SRK Sweden Establish strategic partners to acquire more properties in Greenland US$3 million work program to drill 5,000m Mining Scoping Study

EXPERIENCED MANAGEMENT TEAM WITH PROVEN TRACK RECORD

Team with significant mining and finance expertise in Greenland and international

HISTORY:

Early work on the Project included regional geological mapping and reconnaissance geochemistry by the former Geological Survey of Greenland and stream sediment sampling by Kidd Creek Mines. NunaOil A/S (the former name of NunaMinerals A/S) visited the area in 1990, and increasing company activity the following years, including mapping, rock- and sediment sampling, resulted in a drilling program in 1995 (13 holes totalling 2900 m). Encouraging results justified a continued exploration and drilling program in 1996 (8 holes totalling 2000 m). Furthermore, the mineralisation and geology also became the focus of a Ph.D. and a Master’s project the following years by students from Aarhus University. Nevertheless, due to decreasing gold prices and changing project priorities, the licence was relinquished by NunaOil in 1998. Historically, NunaMinerals represented the minerals exploration division of Nunaoil, Greenland’s national oil company, which was divested as a separate entity in 1999. In 2002, Nuna Minerals A/S was granted a licence over the Storø prospect. Nuna and JV partners continued intermittent exploration until surrendering the licence in 2013.GRI was granted the exclusive exploration licence covering the Project area in February 2014. Since 1995, a total of 86 drillholes totalling 15,375 m have been drilled by previous owners, of which only 6 holes were drilled on Aappalaartoq Mountain.

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