At a glance
- Company
- Greenland Mines
- Ticker
- NASDAQ: GRML
- Announcement
- Partnership
- Location
- Southwest Greenland
People
- Ronald G. SimpsonQualified person for the resource estimate
Products and programs
Greenland Mines (NASDAQ: GRML) announced the engagement of Tetra Tech Canada Inc. and GeoSim Services Inc. to prepare an updated SEC S-K 1300-compliant mineral resource estimate for its Sarfartoq neodymium-praseodymium rare earth project in southwest Greenland. The updated resource estimate, expected to be substantially completed this summer, will incorporate historical NI 43-101 resource work along with drilling and technical studies completed by Neo Performance Materials between 2023 and 2025, and is intended to support an updated preliminary economic assessment and future development studies.
GeoSim, led by Ronald G. Simpson, P.Geo., has been appointed as the qualified person for the resource estimate, providing continuity from earlier Sarfartoq resource and economic studies completed in 2011 and 2012. Tetra Tech will provide engineering, mine planning and metallurgical support, including optimization studies evaluating open-pit, underground and hybrid development scenarios. Greenland Mines also reappointed WSP Danmark A/S to continue environmental baseline work at the project as the company advances Sarfartoq, which it believes is distinguished by a strong neodymium-praseodymium component and strategic relevance to Western rare earth supply chains.
To view the full press release, visit: https://ibn.fm/eIurP
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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In brief
Greenland Mines says it has hired Tetra Tech Canada and GeoSim Services to prepare a revised mineral resource estimate for its Sarfartoq rare earth project in southwest Greenland. The estimate is expected to be substantially completed this summer and will draw on earlier resource work, as well as drilling and technical studies conducted by Neo Performance Materials from 2023 through 2025. The company says the work is meant to inform a revised preliminary economic assessment and later development studies. GeoSim’s Ronald G. Simpson has been named qualified person for the estimate, while Tetra Tech will contribute engineering, mine planning and metallurgy expertise and assess different mine-development approaches. Greenland Mines also retained WSP Danmark for continued environmental baseline work at Sarfartoq.
Key takeaways
- Greenland Mines engaged Tetra Tech Canada and GeoSim Services for a revised Sarfartoq mineral resource estimate.
- The estimate will incorporate historical resource work and studies completed by Neo Performance Materials from 2023 to 2025.
- GeoSim’s Ronald G. Simpson will serve as qualified person; Tetra Tech will support engineering, planning and metallurgical work.
- WSP Danmark will continue environmental baseline studies at the project.
SEC filings
- 8-KCURRENT REPORT Filed
- 144Notice of proposed sale of securities Filed
- DEF 14APROXY STATEMENT Filed
- 424B3PROSPECTUS SUPPLEMENT Filed
- 8-KCURRENT REPORT Filed
- 8-KCURRENT REPORT Filed
- 8-KCURRENT REPORT Filed
- PRE 14APROXY STATEMENT Filed
- DEF 14APROXY STATEMENT Filed
- 8-KCURRENT REPORT Filed
- 10-QQUARTERLY REPORT Filed
- 8-K/AAMENDMENT NO. 1 TO FORM 8-K Filed
