An Inuit group from Canada’s Nunavut territory comes to Wall Street today to pitch investors for financing for start-up mining and exploration projects in the Arctic, reported The Wall Street Journal.

Nunavut Resources Corporation (NRC) seeks to explore the 280,000-square-mile Kitikmeot Region of the Territory of Nunavut for metals and minerals. Approximately 32,000 people reside in the vast region roughly the size of Western Europe. The Inuit-owned land is “totally unexplored,” said Charlie Evalik, the chairman of the NRC, and mining experts speak of its potential mineral riches.

--> This week, Evalik said he will met with New York-based private-equity investors, as well as Eric Sprott, chief investment officer at Sprott Asset Management, in Toronto.

“The financing will be a challenge, but I think it will come,” Evalik told the WSJ.
Comment:  "Eskimo Susie" in Saturday Night Live is the stereotype and this is the reality. Namely, guys in suits meeting Wall Street financiers to sign a multimillion-dollar business deal. The gap between truth and fiction couldn't be much wider.
--> For more on the Inuit, see Alaska Documentary on Native Suicide and Ice Age Documentary Stars Alaska Natives.

Below:  "The rugged airstrip on the Goose property south of Bathurst Inlet used by Sabina Gold and Silver to bring in the supplies they need for exploration. NRC announced a partnership with Sabina on March 23 to work together on infrastructure development in the Kitikmeot." (Sabina)