Subarctic Exploration Group a.s.

Raw materials form the basis of Europe’s economy to ensure jobs and competitiveness, and they are essential for maintaining and improving quality of life.

Greenland projects

Breaking new ground
Learn More

Advisable Investment

Cutting the last pieces of the world’s raw material pie
Learn More

Scandinavia

New opportunities in northen Europe
Learn More

Commodities for better future

Ecological exploration and extraction of raw materials for higher quality of life.
Learn More

Subarctic Exploration Group a.s. is a private investment holding company that manages its assets by means of subsidiary “junior exploration companies” that perform raw material deposits exploration in their own exclusive licensed areas in Greenland and Scandinavia.

Subarctic Exploration Group a.s. invests to projects aimed to obtaining economically usable deposits of rare earth elements, uranium, gold, zirconium, niobium, tantalum and other industrial commodities.

Subarctic Exploration Group a. s. applies advanced geological exploration technologies that are environmentally friendly and cooperates with leading professionals and consultants.

Greenland Projects

Greenland is considered by many to be one of the last exploration frontiers. Subarctic Exploration Group invests and will invest heavily in this part of the world. The Group controls several highly strategic locations in Greenland.

Scandinavia

Subarctic Exploration Group a.s. is expanding its activities into various parts of the Scandinavia especially to Norway, Finland and Sweden. In 2019 the Group, among other activities, launched geological surveys on its Norwegian properties.

Strategic minerals

The portfolio Subarctic Exploration Group a.s. contains key raw materials identified as critical raw materials for EU a USA. Greenland and Scandinavia are an extremely attractive locations with high occurrences of these raw materials.

News

Progress of Norwegian projects

20.11.2023 During the summer months of 2023, successful fieldwork was carried out on five licenses in Norway.The exploration itself was especially focused on titanium, tungsten and gold deposits.Laboratory analyses and data evaluation are now underway.We can already assess 2023 as a very successful season.The results will be published on the new Segas website which is currently under development.  ...

PDAC 2023

Subarctic Exploration Group a.s. presents its projects at the World’s premier mineral exploration and mining convention PDAC 2023, March 5-8, Toronto, Canada. We invite you to visit our Booth No. 3240. ...

EU: Critical Raw Materials Act

14.9.2022 The EU Commission issued a statement about critical raw materials. Among other things, the statement says that “Lithium and rare earths will soon be more important than oil and gas. Our demand for rare earths alone will increase fivefold by 2030. […] We must avoid becoming dependent again, as we did with oil and gas. […] We will identify strategic projects all along the supply chain, from extraction to refining, from processing to recycling. And we will build up strategic reserves where supply is at risk. This is why today I am announcing a European Critical Raw Materials Act.” https://ec.europa.eu/commission/presscorner/detail/en/STATEMENT_22_5523 ...

Greenland Survey

30.08.2022 Subarctic Exploration Group a.s. staff is presently completing a reconnaissance survey on our license Salliarsuaq located in eastern Greenland. Activities are concentrated in an area that was identified through remote-sensing interpretation and which shows large quartz structures on the surface. It is estimated that this could be an interesting prospect for gold-bearing deposits. A number of samples were already collected and transported by helicopter for further investigation in a laboratory. Detailed report will be available in the fall. ...

Norway Survey

21.08.2022 Subarctic Exploration Group a.s. staff is presently conducting a geological survey on our license Steinkrossen 1 located in central Norway. Steinkrossen area is rich in titanium-bearing rocks as well as has abundant garnet-bearing deposits as a possible source of industrial-grade abrasives. The team is concentrating on areas marked out by previous gravimetric surveys. Large number of samples were are being collected. ...

Finland Survey Completed

01.08.2022 A survey team working for the Subarctic Exploration Group a.s. just returned from a geological survey on our license Kuskoiva located north/eastern Finland. This area is well known for gold-bearing deposits and is often being explored by junior mining companies. Close to 200 rock samples were collected and will shortly be subject to laboratory and geophysical analysis. Comprehensive report is expected in the fall. ...

Sweden Survey Completed

19.07.2022 Geologists working for the Subarctic Exploration Group a.s. just returned from a successful survey on our new license Van Nr. 3 in central Sweden. Many samples were collected on the prospect with the intention of discovering a new commercial ore deposit. Historically mining in this area concentrated on gold, silver, zinc and lead. Laboratory and geophysical analysis results will be available this fall. ...

Exploration – Scandinavia

22.5.2022 Preparations for the summer field season of 2022 are in full swing. Teams of SEG geologists will be active in Norway, Sweden and Finland.  Work plans were approved by the relevant authorities and all our licenses are fully accessible.  Exploration activities will focus on the following commodities: gold, titanium, zinc, rare earth elements and more. ...

Finland News

8.3.2022 Subarctic Exploration Group a.s. was recently awarded reservation rights for a new license Kuskoiva in the north-eastern gold (Au) province of Finland. We are currently in the process of preparing a geological and sampling campaign in 2022, concentrating on a major magnetic anomaly in the western part of the license. ...

Sweden News

11.11.2021 In November 2021, the Subarctic Exploration Group a.s. was awarded a new license Van Nr 3 in central Sweden. It has excellent access by road and has historically shown interesting values in gold, silver, zinc and lead. We intend to implement a first geological survey and sampling campaign in 2022. ...

Norway News

25.9.2021 In September 2021 the geological team of Subarctic Exploration Group a.s. successfully completed the summer campaign on our licenses Fureviknipa, Steinkrossen and Ovaldsnuten B in Norway. A large number of rock and stream sediment samples were collected and are being currently processed in certified laboratories. ...

Greenland News

18.4.2021 Subarctic Exploration Group a.s. follows with high interest recent political and social developments in Greenland. We look forward to working with the new government on our projects. Protection of the nature and the sustainable use of mineral resources are the way to prosperity of both our company and Greenland. We are currently working on all of our company’s projects in accordance with our business and science strategy. ...

PDAC – Virtual Convention

8.3.2021 Subarctic Exploration Group a.s. is participating in the World’s premier mineral exploration and mining convention PDAC, 2021.A hub for junior exploration and major mining companies, mid-sized producers, prospectors and financial institutions to virtually connect with investors from around the world and seek out new business opportunities. ...

SEG – M&M online news

1.12.2020 Subarctic Exploration Group a.s. is participating in the international Mines and Money conference online 1 – 3 December, 2020. M&M is the leading international event series for capital-raising and mining investment with events in Europe, Asia, Australia and the Americas. Our virtual exhibition will present company’s ongoing and planned projects. Many presentations and professional lectures will take place during the conference. On the virtual meeting platform, we look forward to meeting professional and business partners. ...

SEG – IMARC online news

24.11.2020 Subarctic Exploration Group a.s. is participating in the International mining and resource conference expo online 24 – 27 November, 2020. Our virtual exhibition will present company’s ongoing and planned projects. Many presentations and professional lectures will take place during the conference. On the virtual meeting platform, we look forward to meeting professional and business partners. ...

Sweden news

12.10.2020 Subarctic Exploration Group a.s. is in the final stages of acquiring a Swedish subsidiary and various licenses in northern Sweden. Depending on the development of the pandemic, additional works are planned in SGU’s National Drill Core collection in Mala this winter. ...

Finland news

15.8.2020 Subarctic Exploration Group a.s. is finalizing an acquisition of a new Finnish subsidiary Kallio Exploration Oy. At the same time plans are being made to acquire various licenses in Finland with focus on Wolfram (Tungsten), REE (Rare Earth), Titanium and Gold. Once the above is completed, we plan preliminary works in National Drill Core Archive (GTK) in Loppi in the fall. ...

Norway news

13.8.2020 A team of Fjordmine s.r.o. geologists is currently conducting a survey on our license Fureviknippa, Sunnfjord kommune. The survey includes basic geological mapping, sampling and hand-held X-ray Fluorescence (XRF) technique that is widely used in elemental analysis. The main area of interest are Titanium-bearing rocks in the area. Estimated end of survey is the end of August with final results being expected in Q4, 2020. ...

Greenland news

19.5.2020 In relation to Subarctic Exploration Group’s planned exploration activities in 2020:The Government of Greenland has adjusted the exploration obligations for 2020 to zero due to the challenges caused by the COVID-19 outbreak. This initiative and the possible challenges to raise capital for 2021 have resulted in proposals from licensees to stop the clock for licences, and thereby taking out 2020 as a Licence year. Proposals of taking out 2020 are still being discussed. The authorities have now extended the emergency preparedness until 31st August 2020. Therefore it is possible to fly from Denmark to Greenland from the 1st of June on three weekly flights. From June 1st, there will be passenger flights from Denmark to Greenland three times a week – Tuesday, Thursday and Friday. As the opening will be gradual, there will be limited seats available. ...

A Word to our Partners, Consultants, Internal staff

26.3.2020 First and foremost, we hope you and your families are safe and well. The last few weeks have been unprecedented for all of us, to say the least. We would in particular like to thank you all  and your families for their courage and for everything you are doing to support your people, our communities as well as our business. Subarctic Exploration Group is monitoring the COVID-19 situation closely and taking the necessary precautions to ensure the safety of our internal staff  and consultants, while proactively driving business continuity plans to ensure that we continue to deliver on our goals for this season. Strict safety measures have been adopted to ensure the safety of our internal staff  and consultants and their loved ones. All Subarctic staff worldwide have access to secure remote working technology and collaboration tools, allowing them to continue to work if they are unable to come into an office. Thank you for everything you are doing…we will get through this together. ...

PDAC Toronto 2020

24.3.2020 Representatives of Subarctic Exploration Group a.s. participated in the four-day World’s Premier Mineral Exploration & Mining Convention on March 1, 2020 in Toronto. This year’s goal was to follow the latest trends in mineral geology exploration and financing and exchange experience with other junior mining and exploration companies. ...

Subarctic Exploration Group participated in PDAC, Toronto 2019

10.03.2019 Subarctic Exploration Group participated in PDAC, Toronto, March 3-6, 2019. The World’s Premier Mineral Exploration & Mining Convention took place March 3-6 at the Metro Toronto Convention Centre in Toronto, Canada, marked its 87th year. In addition brought together over 1,000+ exhibitors, 3,500+ investors and 25,000+ attendees from 135 countries, it provided mineral and mining professionals, as well as investors, analysts, geologists, executives, government officials and students, access to an array of programming, short courses, presentations and unparalleled networking opportunities. Subarctic Exploration Group discussed new investment opportunities there. ...

Subarctic Exploration Group has approved a geological exploration program in Norway

05.04.2019 Subarctic Exploration Group has approved a geological exploration program in Norway for the year 2019. The geological survey will be carried out in two new license areas under the guidance of Czech geologists and with the support of Norwegian subcontractors. Field work is scheduled for July and August. ...

Subarctic Exploration Group has launched investment negotiations in Iceland

24.04.2019 Subarctic Exploration Group has launched investment negotiations in Iceland. This is another step in the long-term monitoring aimed to investment opportunities in this unique country. ...

Norway – meeting exploration targets

18.11.2019 The exploratory field targets of 2019 were fully met on both projects in Norway. The collected rock samples are being processed in certified laboratories. ...

Greenland – summer exploration season completed

10.11.2019 Subarctic Exploration Group a.s. has successfully completed a summer exploration program in its projects in Greenland. During the autumn and winter months all data will be evaluated and the field work for 2020 prepared. ...