The Island of Newfoundland represents the fastest emerging, underexplored gold district in the world. Focused exploration for precious metals in Newfoundland was essentially non-existent prior to the 1980’s. Newfoundland’s mineral rich geology and stable government has created a historically rare opportunity for both exploration companies and mineral resource investors.
Despite its rich geological endowment, Newfoundland has experienced only 30 years of gold exploration in its entire history, first as a colony of England and then as a Province of Canada. This absence of exploration in such a gold rich environment makes Newfoundland one of the unique investment opportunities of this century.
The Province of Newfoundland and Labrador is larger in land area than many of the countries in Europe, including England and Germany.
Despite its size, there are only 538,600 residents in the Province. Approximately 95% of the population lives on the Island of Newfoundland. The population of Province is primarily located along the coast, with the majority residing in the southeast of the island, on the Avalon Peninsula.