Jagged grey peaks suddenly appear before us, as the motorboat navigates choppy coastal waters and dramatic fjords at Greenland's southern tip. "Those very high pointy mountains, it's basically a gold belt," gestures Eldur Olafsson, the chief executive of mining company Amaroq Minerals.
After sailing for two hours we stepped ashore at a remote valley beneath Nalunaq mountain, where the firm is drilling for gold. It's also scouring the surrounding mountain range and valleys, hunting for other valuable minerals, having snapped up exploration licences spanning over 10,000 sq km (3,861 sq miles).