The Qulliq Energy Corporation (QEC), the territorial energy corporation for Nunavut, is seeking funding to further understand the geothermal resources in their territory.
This is in regards to a recently published feasibility study for QEC, prepared by RESPEC Consulting of Saskatoon, Tuya Terra Geo Corp. of Burnaby, B.C, and Qikiqtaaluk Business Development Corp. This study highlighted areas in Nunavut of geothermal potential. However, resource certainty can only be established via further study of existing drilling logs, geophysical data, and an exploration well.
For more information, the news release can be found here.
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