Greenland Mines Advances Skaergaard Project Following Multidisciplinary Planning Workshop

Greenland Mines completed a three-day workshop with international experts to refine development plans for its Skaergaard precious and critical metals project, setting a roadmap toward an initial assessment and future exploitation license.

Dallas Metrowire Staff
Business
Greenland Mines Advances Skaergaard Project Following Multidisciplinary Planning Workshop

Greenland Mines (NASDAQ: GRML) announced the completion of a three-day multidisciplinary planning workshop for its Skaergaard Precious and Critical Metals Project in southeast Greenland. The June 22-24 sessions brought together more than 15 international experts from GTK Mintec, the Geological Survey of Finland, SLR Consulting, WSP Denmark, and other technical specialists to advance understanding of the orebody and processing pathways.

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. According to the company, the sessions focused on planning 2026 drilling, sampling, and environmental programs and establishing a roadmap toward an Initial Assessment (IA) or Preliminary Economic Assessment (PEA) and future development.

Greenland Mines said the workshop builds on its existing collaborations with GTK Mintec, WSP Denmark, and SLR Consulting and reflects its strategy of engaging leading international technical experts to advance the Skaergaard project. The full press release detailing the workshop outcomes is available at https://ibn.fm/LP1cL.

The Skaergaard Project is a key asset for Greenland Mines, which operates two divisions: Mining, focused 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; and Biotech, including Klotho’s KLTO-202 primary indication for ALS. 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 in de-risking the Skaergaard project and moving it toward development. By integrating geotechnical, environmental, and metallurgical data early in the planning process, Greenland Mines aims to streamline permitting and reduce future uncertainties. The involvement of internationally recognized technical partners underscores the project's potential and the company's commitment to rigorous scientific and engineering standards.

Forward-looking statements in this article involve risks and uncertainties that could cause actual results to differ materially. These include factors set forth under "Risk Factors" in the company's filings with the SEC. Investors should not place undue reliance on forward-looking statements, which are based on information available as of the date hereof. The company undertakes no duty to update this information unless required by law. The latest news and updates relating to GRML are available in the company’s newsroom at https://ibn.fm/GRML.

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