Greenland Mines Ltd Completes Skaergaard Development Planning Workshop

Greenland Mines Ltd (NASDAQ: GRML) has completed a multidisciplinary planning workshop for its Skaergaard project, advancing the project toward an Initial Assessment or Preliminary Economic Assessment with a roadmap for future development.

Miami Metrowire Staff
Business
Greenland Mines Ltd Completes Skaergaard Development Planning Workshop

Greenland Mines Ltd (NASDAQ: GRML) announced the successful completion of a three-day, multidisciplinary planning workshop for its Skaergaard Precious and Critical Metals Project in southeast Greenland. The workshop, held June 22-24, brought together more than 15 international experts from GTK Mintec, the Geological Survey of Finland, SLR Consulting, WSP Denmark, and other technical specialists. The sessions focused on advancing understanding of the orebody and processing pathways, planning 2026 drilling, sampling and environmental programs, and establishing a roadmap toward an Initial Assessment (IA) or Preliminary Economic Assessment (PEA) and future development.

The company stated that the workshop produced an integrated plan for the 2026 field campaign, a refined metallurgical testing strategy, a framework for incorporating geotechnical and environmental data into mine design and permitting, and a long-term development roadmap extending toward a potential exploitation license. This workshop builds on existing collaborations with GTK Mintec, WSP Denmark, and SLR Consulting, reflecting Greenland Mines' strategy of engaging leading international technical experts to advance the Skaergaard project.

The Skaergaard Project is a key asset for Greenland Mines, which operates two divisions: Mining and Biotech. The Mining division focuses on exploration and development of the Skaergaard Project and, subject to closing of a previously announced transaction, the Sarfartoq neodymium-praseodymium (Nd-Pr) rare earths project in southwest Greenland. The company's strategy centers on building a multi-asset platform with exposure to rare earth magnet materials, precious metals, and selected midstream processing opportunities, while advancing its broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.

The completion of this workshop marks a significant step forward for the Skaergaard project, bringing it closer to a formal economic assessment. For more details, the full press release is available at https://ibn.fm/LP1cL. Additional news and updates regarding GRML can be found in the company's newsroom at https://ibn.fm/GRML.

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