A researcher, Graham Pearson, at the University of Alberta has discovered a mineral‐rich deposit 20 kilometres off the coast of Nunavut. Three small diamonds were found in a small sampling.
The deposit is believed to be 2.85 billion years old and has similarities to the world’s largest, most dominant source of gold throughout history. The findings also tell scientists more about how the earliest continents were formed.
Further sampling is needed to discover how much of the resources the area contains.