Mr. Speaker, again this year Nunavut will experience a banner year in mineral exploration. Right across the territory, exploration companies are exploring for gold, platinum, iron ore and diamonds.
This year over $120 million will be spent trying to find that mineral deposit worth developing into an operating mine. Projects like Tahera's Jericho diamond project and Cumberland Resources' Meadowbank gold deposit demonstrate that perseverance and determination do pay dividends.
Industry and governments are working together in Nunavut to make projects happen, to develop infrastructure to support this economic development and ultimately give Nunavummiut the jobs they want and need.
Nunavut will be a real contributor to the Canadian economy with the right investments.