Metallurgical studies of micro bulk samples from the Storø Gold Deposit conducted by the highly reputable Canadian company, SGS Lakefield Research Limited reveals good recovery. The metallurgical study shows that between 48% and 79% of the gold can be extracted by gravity alone and that between 85% and 95% of the gold can be extracted by a combination of physical and chemical processes. Additional testwork would optimise the recovery. NunaMinerals and its partner, Nuukfjord Gold Mines Ltd, expects to conduct diamond drilling during 2010 with the aim of producing an initial resource estimate for the Main Zone and the BD Zone at the Qingaaq prospect. The resource estimate could lead to the preparation of a preliminary economic assessment and to the completion of a bulk sampling program in 2011. Announcement is given in attached file.