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The ‘Buzz’ in Labrador Labrador North Coast - Nunatsiavut Region

NLEIA October 2011

James Thorbourne President & CEO

Presentation Outline 1. The Nunatsiavut Region 2. The Labrador Economy – North Coast Activity 3. Opportunities for the Environmental Industry 4. Nunatsiavut Group of Companies

1 - Nunatsiavut – Our Beautiful Land

The Nunatsiavut Region •Labrador Inuit Land Claims Agreement, 2005

•Established Nunatsiavut Government and Five Community Governments

•LISA (72,500 km2), LIL (15,800 km2), ocean zone (48,690 km2)

•Torngat Mountains National Park

Nunatsiavut

Getting There •By Water

•By Air

•By Road

2 - Growing Economy in Labrador

Labrador Economy is being Driven by the Resource Sector, Energy Sector, and Institutional Sector •Expansion of existing mines •Ongoing exploration and advancement of projects •Oil & Gas Exploration •Lower Churchill Muskrat Falls Project •Energy Transmission •Environmental Clean-ups

The Labrador Economy

Mineral Exploration (and Development?) In Nunatsiavut

Central Mineral Belt Voiseys Bay

Quest Rare Minerals

Altius/Cliff Natural Resources - Iron

Mega Uranium

Midland Exploration – Rare Earth minerals

Aurora/Paladin - Uranium

Crosshair Minerals – U, Cu, Au, V

Black Panther Resources - Nickel

Oil and Gas Exploration

3 - Opportunities for the Environmental Industry

•Environmental Baseline Studies •Community Consultation/Engagement •EIS/EIA •Regulatory Approvals •Waste Management •Environmental Monitoring •Environmental Clean-ups

4 -

Mission To create wealth in trust for Nunatsiavut Beneficiaries by owning profitable,

sustainable businesses.

Vision To be an Inuit led business leader in the North.

Core Values

Culturally Respectful Socially Responsible

Open Accountable Transparent

Environmental Stewardship Best Business Practices

Nunatsiavut Group of Companies

Nunatsiavut Government Inuit Capital Strategy Trust

Nunatsiavut Group of Companies (NGC)

CAI Nunatsiavut Marine Joint Venture with CAI Logistics - Operation of Northern Ranger, Robert Bond, Coastal Ports, Manage Dutch Runner Contract( 50 % owned)

Nunak Land Corporation Commercial Leasing (100 % owned)

Torngait Services Inc. JV with ATCO Structures and Logistics, site services contract at Voisey’s Bay (51 % owned)

Nunatsiavut Marine -Tugs and Barges MV Kaliutik, MV Gordons I, Barges Sappatak and Kaligak (100 % owned)

Fishing Licenses/Quotas Turbot Quota, Lester Mitchelll License, Pikalujak, Dominion Trading Limited

Pan Arctic Inuit Logistics - PAIL JV with other Inuit Groups , PAIL has a JV with ATCO to operate ad maintain the North Warning System (18 % owned)

Nunatsiavut Construction Heavy Equipment, Civil works, Building Construction, Lumber products (100 % owned)

Nillik Construction Heavy Civil Construction, JV with HJ O’Connell (51% owned)

Labrador Inuit Development Corporation •TUC, HSP, Postmill Lumber

Corporate Structure

Innu Mikun JVs Helicopter (33 %) and Fuel (10%) JVs

Torngat Mountains Base Camp and Research Station!

Remote Camp Operation Catering

Bear Monitors

Logistics and Expediting Air Charter Services

Nunatsiavut Marine – MV Kaliutik

“We are Ready and Open for Business”