Greenland Mines Completes Skaergaard Development Planning Workshop, Outlines Path to 2026 Drilling and Economic Assessment

The multidisciplinary workshop advanced orebody understanding and processing strategies, setting the stage for 2026 field programs and a Preliminary Economic Assessment for the Skaergaard precious and critical metals project.

Phoenix Metrowire Staff
Business
Greenland Mines Completes Skaergaard Development Planning Workshop, Outlines Path to 2026 Drilling and Economic Assessment

Greenland Mines Ltd (NASDAQ: GRML) announced the completion of a three-day multidisciplinary planning workshop for its Skaergaard Precious and Critical Metals Project in southeast Greenland, bringing together over 15 international experts from GTK Mintec, the Geological Survey of Finland, SLR Consulting, WSP Denmark and other technical specialists. The sessions, held June 22-24, 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 said 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 initiative 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 in Greenland Mines' mining division, which also includes, 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 workshop's outcomes are critical for de-risking the project and advancing it toward economic studies. The integration of geotechnical and environmental data into early-stage mine design is expected to streamline permitting processes, a significant hurdle for mining projects in Greenland. The refined metallurgical testing strategy aims to optimize recovery of precious and critical metals, which could enhance project economics.

For more details, the full press release is available at https://ibn.fm/LP1cL. Additional information about Greenland Mines and its latest news can be found in the company’s newsroom at https://ibn.fm/GRML.

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