# Greenland Resources Updates on Magnesium and Rare Earth Elements Work Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/greenland-resources-updates-on-magnesium-and-rare-earth-elements-work--b23a733d-29b9-404d-afe1-8f74b721303e Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3043-tsx/moly/212404-greenland-resources-updates-on-magnesium-and-rare-earth-elements-work.html Publisher: jmn Original announcement: 2026-10-06T04:06:28.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-06T14:17:51.098Z Atlas analysis updated: 2026-10-06T14:17:51.098Z - Company: Greenland Resources Inc. - Ticker: MOLY - Exchange: TSX - Region: Greenland - Primary commodity: Molybdenum - Secondary commodities: Magnesium, Rare earth elements - Document categories: Metallurgy, Other - Extracted: 2026-10-06 14:17:51 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Greenland Resources has completed a summer field program to collect approximately eight tonnes of drill core and fourteen tonnes of saline and fresh water for metallurgical testing. The program, funded by Natural Resources Canada, aims to evaluate the recovery of magnesium and rare earth elements as by-products from the Malmbjerg molybdenum project. Reasoning: The company has successfully collected samples \(core and water\) to begin metallurgical testing for molybdenum, magnesium, and REE by-products, supported by government funding. - Positive factor: Government of Canada funding \($7M\) for critical minerals research - Positive factor: Successful collection of representative core and water samples for testing - Positive factor: Strategic importance for EU/North American supply chains - Negative factor: Results are pending; samples only arriving at lab in mid-October - Negative factor: Testing program is early-stage \(bench-scale to pilot-scale\) Facts used in scoring: 3 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions chain of custody was maintained under supervision and precautions were taken during transport to prevent contamination. Evidence · text > Chain of custody was maintained under the supervision of Greenland Resources personnel **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The news release was reviewed and approved by Mr. Jim Steel, P.Geo., a Qualified Person. Evidence · text > The news release has been reviewed and approved by Mr. Jim Steel, P.Geo., M.B.A. ... a Qualified Person **Heap Leach Route** Polarity: neutral Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. Why it applies: the document describes a heap\_leach route \("column leach"\) **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Multi-Domain Tested** Polarity: positive Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed. Why it applies: 3 distinct composites were tested ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Metallurgical Results (3) ### bench-scale [Link to this fact](https://atlas-staging.minestarters.com/news/greenland-resources-updates-on-magnesium-and-rare-earth-elements-work--b23a733d-29b9-404d-afe1-8f74b721303e#fact-metallurgical-facts-0) Malmbjerg · molybdenum #### Identity - Project: Malmbjerg - Commodity: molybdenum - Region: greenland - Reported Region: Greenland - Ticker: MOLY #### Test Work - Program Status: preliminary - Test Type: bench-scale - Sample: Approximately 8 tonnes of drill core above 0.06% MoS2 cut-off #### Lab - Laboratory: SGS Lakefield #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Core collection is a prerequisite for the metallurgical testing program. - Positive factor: Representative core collected for REE and magnesium recovery tests - Negative factor: Assay results pending Evidence · text > Approximately 8 tonnes of drill core above the 0.06% MoS 2 cut-off grade were collected for sampling and testing #### Tags used in scoring **Byproduct Commodity** Polarity: neutral Definition: The tested commodity is a byproduct rather than the primary economic driver. Why it applies: the release describes a byproduct credit ### pilot plant [Link to this fact](https://atlas-staging.minestarters.com/news/greenland-resources-updates-on-magnesium-and-rare-earth-elements-work--b23a733d-29b9-404d-afe1-8f74b721303e#fact-metallurgical-facts-1) Malmbjerg · magnesium #### Identity - Project: Malmbjerg - Commodity: magnesium - Region: greenland - Reported Region: Greenland - Ticker: MOLY #### Test Work - Program Status: preliminary - Test Type: pilot plant - Sample: 12 tonnes of saline water collected at ~8m depth #### Lab - Laboratory: SGS Lakefield #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Collection of saline water is essential for the magnesium recovery feasibility study. - Positive factor: Water collected near modelled intake location for pilot plant testing Evidence · text > Twelve tonnes of saline water for the pilot plant testwork and magnesium recovery was collected #### Tags used in scoring **Pilot Scale Complete** Polarity: positive Definition: Pilot or demonstration plant testing completed under continuous operation. Why it applies: test\_type names pilot-scale work **Byproduct Commodity** Polarity: neutral Definition: The tested commodity is a byproduct rather than the primary economic driver. Why it applies: the release describes a byproduct credit ### bench-scale [Link to this fact](https://atlas-staging.minestarters.com/news/greenland-resources-updates-on-magnesium-and-rare-earth-elements-work--b23a733d-29b9-404d-afe1-8f74b721303e#fact-metallurgical-facts-2) Malmbjerg · magnesium #### Identity - Project: Malmbjerg - Commodity: magnesium - Region: greenland - Reported Region: Greenland - Ticker: MOLY #### Test Work - Program Status: preliminary - Test Type: bench-scale - Sample: 2 tonnes of fresh water from Mellem River #### Lab - Laboratory: SGS Lakefield #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Fresh water is required to compare flotation performance against saline water conditions. - Positive factor: Fresh water collected to optimize molybdenum flotation performance Evidence · text > Two tonnes of fresh water was collected using a similar methodology from a mid-flow location in the Mellem River #### Tags used in scoring **Byproduct Commodity** Polarity: neutral Definition: The tested commodity is a byproduct rather than the primary economic driver. Why it applies: the release describes a byproduct credit ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.