Mineral Sands Project
GRI's mineral sands deposit is located near Happy Valley Goose-Bay, Newfoundland and Labrador, approximately 400km east of the Labrador iron ore trough.
The resource is adjacent to a community of 7,500 people, complete with the required infrastructure – including port, hospital, schools, housing, recreation and most importantly a skilled and semi-skilled workforce.
Mineral Sands Seperation at Pilot Plant in Labrador, NL
43-101 Compliant Resource
In 2014 SRK Consulting issued a 43-101 compliant mineral resource for GRI's deposit. The resource was initially focused on the iron bearing minerals, magnetite and titan-magnetite found within the sands. Further work is currently being conducted to define a broader 43-101 compliant resource for other valuable minerals including garnet, zircon, rutile, and feldspars. GRI plans to publish an updated 43-101 report upon completion of that work. To view the full 43-101 report, click here.
Substantial Local Infrastructure
The population of Happy Valley-Goose Bay is approximately 7,500. Goose Bay hosts a modern regional hospital with provincial Medivac services available to transport individuals from the coastal communities.
The harbour and port facilities are capable of servicing ships up to approximately 25,000 deadweight tonnes. Container and limited bulk service is also available at the port.
Construction of the 800MW Muskrat Falls - Lower Churchill hydroelectric project is underway. This project will substantially increase the supply of hydroelectric power in the region when completed. Electricity is currently provided to the region by the Churchill Falls hydroelectric facility located 290km west of Goose Bay.
Benefits of GRI's Mineral Sands
No Blasting, No Crushing, No Grinding.
At surface earth moving operation
Low cost (spirals + magnetic separation)
Environmentally benign - low remediation costs
Full service community - existing labour