GN, West Kitikmeot Resources Corp. sign MOU at Nunavut Trade Show
The estimated cost of the proposed Grays Bay road and port project, which would connect resource-rich western Nunavut to the rest of Canada, has nearly doubled according to its proponent.
Brendan Bell, CEO of West Kitikmeot Resources Corp., provided a new cost figure to Nunatsiaq News after signing a memorandum of understanding to continue support for the project at the Nunavut Trade Show in Iqaluit on Wednesday. “I would estimate that it’s at least a billion-dollar undertaking at this point,” Bell said.