Minerals & Metals · NU · #130 of 131 disclosed prospectus tickets

True North Gold

Summit deal plate

527 koz over 11 years; fully permitted

At a glance

Proponent
Shaun Heinrichs (proponent)
Capex (as printed)
US$42M
Capex (US$, midpoint)
US$42M
Stage
Shovel-ready
Location
64.30°N, 96.00°W
Summit deal plate
Yes — in the 167-project prospectus pitched Sept 14–15 2026
Fast-track list
No MPO referral on record
Project location.

Modelled GDP contribution Modelled

Build 2027–2028 at 55% construction value-added, then 15% of capex per year operating. Peak US$12M/yr · cumulative 2026–40 US$96M.

US$0MUS$5MUS$10M2026203020352040

Connectivity · nearest existing infrastructure

Straight-line distance from the project point to the nearest vertex of each network layer.

Railway624 km
Major highway1,485 km
Transmission ≥230 kV894 km
Pipeline1,526 km
PortChurchill622 km
Generating stationLimestone (1,340 MW)873 km
City >50kSaskatoon1,482 km

Nearest other projects

Kivalliq Hydro-Fibre LinkPower & Utilities255 km
Port of Churchill PlusMarine & Port622 km
Grays Bay Road and PortMarine & Port768 km
Nechalacho Basal Rare EarthMinerals & Metals865 km
Conawapa Hydro (revived)Power & Utilities883 km

Also in Nunavut

Kivalliq Hydro-Fibre LinkAdvanced / FEEDUS$3.4B
Grays Bay Road and PortAdvanced / FEEDUS$850M
Qik Port (Qikiqtarjuaq)Shovel-readyUS$350M
Iqaluit Nukkiksautiit HydroEarly / conceptnot disclosed

Open on the Dealbook map · Open the Infrastructure Atlas · Back to the register