Greenland Mines has completed its 2026 field program at the Skaergaard project in Greenland, collecting metallurgical core and bulk material to advance toward an Initial Assessment. The company is also evaluating new potential value streams including vanadium, iron, and gallium alongside its existing palladium-platinum-gold resource.
Greenland Mines has completed its 2026 Skaergaard field program, delivering a significant S-K 1300 Mineral Resource Estimate of 328.6 million tonnes PdEq. The program included 4,480 meters of diamond drilling and over 105 tons of bulk material to support metallurgical and mine planning development.
Greenland Mines has completed a 104.8-ton bulk-sampling program at the Skaergaard palladium-platinum-gold project to support upcoming metallurgical test work. Simultaneously, the company is advancing environmental baseline studies and structural mapping at the Sarfartoq rare earth element project following its recent acquisition.
Greenland Mines announced a materially upgraded Mineral Resource Estimate for its Skaergaard project, featuring a 36% increase in Indicated PdEq grade and a 31% increase in contained Indicated PdEq ounces. The company also announced a 1-for-50 reverse stock split to maintain Nasdaq compliance and is advancing its Sarfartoq rare earth project acquisition.
Greenland Mines has completed its HQ-diameter metallurgical core drilling phase at the Skaergaard Project, transitioning the program to NQ-size resource definition drilling. Additionally, the company successfully concluded a high-resolution bathymetric survey campaign that exceeded its original scope, providing essential data for future shipping and infrastructure planning.
Greenland Mines Ltd. has reported an updated S-K 1300-compliant resource estimate for the Skaergaard project, showing a 31% increase in Indicated palladium-equivalent metal. The update was achieved through improved block modeling and updated metal prices using the existing drill database, rather than new drilling.
Greenland Mines Ltd. has signed a contract with Nordisk Fundering for a 7,500-metre diamond drilling campaign at the Skaergaard project in Greenland. The program aims to advance resource categories, collect metallurgical samples, and gather geotechnical data to support future open-pit mine evaluation.
Greenland Mines Ltd has announced a strategic share-exchange investment in AnorTech Inc., acquiring an initial 9.9% stake to gain exposure to midstream alumina processing. This move complements the company's existing resource portfolio, which includes the large Skaergaard PGM-Au project and the Sarfartoq rare earths project.
Greenland Mines Ltd. has secured a First Right of Refusal for the Helguvík industrial site in Iceland, aiming to create a 'North Atlantic Critical Metals Corridor' to process ore from its Skaergaard project in Greenland. The Skaergaard deposit holds a significant NI 43-101 resource of 25.4 Moz palladium-equivalent and 23.5 Moz gold-equivalent.
Greenland Mines Ltd has entered a definitive agreement to acquire the Sarfartoq rare-earths project, adding a neodymium-praseodymium pillar to its existing Skaergaard palladium-platinum-gold project. The deal includes Neo Performance Materials as a strategic shareholder and offtake partner for up to 60% of Sarfartoq production.
