True North Gems Begins Concrete Pour at Aappaluttoq Ruby Project Processing Plant

True North Gems Inc. is pleased to announce that it has commenced the concrete pour at the Aappaluttoq Ruby Project processing plant. The construction of the corundum and gemstone recovery facility is a major milestone on the project's critical path that remains on schedule.

Blasting for the plant's foundations was initiated in late summer and specialized concrete work is expected to conclude by the end of October. The erection of the building's structural steel, already on site, will follow in due course. The plant building envelope and insulation is due to be completed by November enabling the installation of the temperature sensitive crushing and recovery circuits.

True North's joint venture partners, LNS Greenland, have continued to make significant progress on infrastructure development, including:

• The pouring of the concrete floor and the raising of the structural steel at the workshop. Installation of the wall and ceiling panels is underway;
• All external cladding has been installed at the camp, with all buildings now fully insulated, allowing the carpentry crews to assist in fitting out the workshop area;
• The lowering of the Northern lake has been successful and enabled the construction of a work trail from the process plant building to the secured main pit area;
• Installation of full site security measures is now underway;
• Installation and permitting of the main explosives depot - allowing the temporary facility at the outer port to be decommissioned;
• Further construction work at the outer port.
• All required permits for the camp have been granted allowing full operational status.

Geological teams are currently on-site to assess the second drainage channel near the pit; once complete, this will initiate the lowering of the southern lake and allow further access to the extraction area.