announced that drilling has commenced at its Skaergaard gold, palladium and platinum project in southeast Greenland following the arrival of its support vessel Argus and successful mobilization of equipment and infrastructure ashore. Diamond drill rigs supplied and operated by Nordisk Fundering, including two new heli-portable units, have been assembled and are operating, with the first holes expected to be completed within days. Initial LiDAR drone surveys have also been completed, approximately one-third of planned drill locations have been identified and marked and the Sødalen airstrip has been confirmed operational.
The 2026 field program is designed to support further upgrading of the Skaergaard Mineral Resource, advance metallurgical and engineering studies through bulk sampling and generate environmental, geotechnical and infrastructure data needed to move the project toward an Initial Assessment and its next phase of development. Greenland Mines said the team is positioned to execute the program over the coming two months with Argus on site, equipment ashore and drilling underway.
Questions around this news
What is the 2026 field program at the Skaergaard project intended to accomplish?
Greenland Mines says the program is intended to support further upgrading of the project’s Mineral Resource and to advance metallurgical and engineering studies through bulk sampling. It is also designed to collect environmental, geotechnical and infrastructure information that the company says is needed to move the project toward an Initial Assessment and a subsequent development phase.
What progress has been made at the Skaergaard drilling site?
The company reports that its support vessel Argus arrived, equipment and infrastructure were moved ashore, and diamond drill rigs supplied and operated by Nordisk Fundering were assembled and operating. Initial drone-based LiDAR surveys are complete, some planned drill locations have been marked, and the Sødalen airstrip has been confirmed operational. The first holes were expected to be completed within days of the announcement.
How does diamond drilling work in mineral exploration?
Diamond drilling uses a rotating drill bit with industrial diamonds to cut a narrow cylindrical path through rock. The process brings a continuous cylinder of rock, called core, to the surface. Geologists examine and analyze the core to learn about the rock types, structures and mineral content beneath the surface.
What is an Initial Assessment in a mining project?
An Initial Assessment is an early-stage study used to examine whether a mineral project may have a technically and economically viable development concept. It can consider factors such as mining methods, processing, infrastructure, costs and potential risks. Its conclusions are preliminary and depend on the information and assumptions available at the time.
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About Greenland Mines
Greenland Mines Ltd. is a Nasdaq-listed company with two operating divisions: (1) Mining, focused on the exploration and development of the Skaergaard Project in southeast Greenland and, subject to closing of the previously announced transaction, the Sarfartoq neodymium-praseodymium (Nd-Pr) rare earths project in southwest Greenland; and (2) Biotech, including Klotho’s KLTO‑202 primary indication for ALS. The Company’s strategy is centered 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.
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At a glance
- Company
- Greenland Mines Ltd.
- Ticker
- NASDAQ: GRML
- Location
- Southeast Greenland
Key figures
- New heli-portable drill rigs
- two
- Planned drill locations identified and marked
- approximately one-third
- Planned field program duration
- the coming two months
Products and programs
SEC filings
- 10-QQUARTERLY REPORT Filed
- 10-Q/AAMENDMENT NO. 1 TO FORM 10-Q/A Filed
- 10-K/AAMENDMENT NO. 1 TO FORM 10-K Filed
- NT 10-QNOTIFICATION OF LATE FILING Filed
- 8-KCURRENT REPORT Filed
- 4PRIMARY DOCUMENT Filed
- 8-KCURRENT REPORT Filed
- 8-A12BFOR REGISTRATION OF CERTAIN CLASSES Filed
- 8-KCURRENT REPORT Filed
- 8-KCURRENT REPORT Filed
- 4PRIMARY DOCUMENT Filed
- 4PRIMARY DOCUMENT Filed
Earlier from Greenland Mines
- Greenland Mines (NASDAQ: GRML) Launches Biggest Skaergaard Field Season Yet as Critical Minerals Take Center Stage
- Greenland Mines (NASDAQ: GRML) Strengthens Foothold, Builds Momentum Through String of 2026 Key Moves
- Greenland Mines (NASDAQ: GRML) Launches 2026 Field Season at Skaergaard Project
- Greenland Mines (NASDAQ: GRML) Secures Canadian Patent for Klotho Gene Therapy Technology
- Greenland Mines (NASDAQ: GRML) Advances World-Class Palladium Deposit with Major Resource Upgrade
