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Greenland Mines (NASDAQ: GRML) Signs Drilling Contract for 2026 Skaergaard Field Program

  • 1 min read
  • Greenland Mines NASDAQ: GRML

Greenland Mines (NASDAQ: GRML) announced it has awarded a diamond drilling contract to Nordisk Fundering A/S for the 2026 field campaign at its 80%-owned Skaergaard precious and critical metals project in southeast Greenland. The planned program will include approximately 7,500 meters of helicopter-supported diamond core drilling aimed at advancing resource categories, collecting additional metallurgical material and supporting geotechnical studies for potential future open-pit development scenarios.

Greenland Mines said the integrated campaign will utilize three helicopter-portable drill rigs and will generate geological, metallurgical and engineering data to support mine planning and broader development studies. The company noted that Nordisk Fundering’s Arctic and geotechnical drilling experience is expected to enhance execution of the program, which will run alongside ongoing metallurgical and processing work being conducted with GTK Mintec to support future economic evaluations of the Skaergaard project.

In brief

Greenland Mines says it has contracted Nordisk Fundering A/S to conduct diamond drilling for the 2026 field campaign at its Skaergaard project in southeast Greenland, in which it holds an 80% interest. The company plans about 7,500 meters of helicopter-supported core drilling using three portable rigs. Work is intended to improve resource classifications, obtain material for metallurgical testing and provide input for geotechnical studies related to possible open-pit development. Greenland Mines says the campaign will produce geological, metallurgical and engineering information for mine planning and wider development assessments. The drilling is scheduled to take place alongside processing and metallurgical work with GTK Mintec, which the company says will contribute to future economic evaluations of the project.

Key takeaways

  • Greenland Mines awarded the drilling contract to Nordisk Fundering A/S for the 2026 Skaergaard field campaign.
  • The planned campaign calls for approximately 7,500 meters of helicopter-supported diamond core drilling.
  • The company says drilling will support resource work, metallurgical sampling, geotechnical studies and mine planning.
  • Metallurgical and processing work with GTK Mintec is continuing alongside the field campaign.

To view the full press release, visit: https://ibn.fm/9uyEs

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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Questions around this news

  1. What does the 2026 Skaergaard drilling program involve?

    The planned campaign calls for approximately 7,500 meters of helicopter-supported diamond core drilling using three helicopter-portable rigs. Greenland Mines says the work is intended to advance resource categories, obtain additional material for metallurgical work and support geotechnical studies related to potential future open-pit development scenarios.

  2. Who was awarded the Skaergaard drilling contract?

    Greenland Mines awarded the contract to Nordisk Fundering A/S. The release says the contractor has experience in Arctic and geotechnical drilling and that this background is expected to support the campaign’s execution. The drilling is planned as part of the company’s 2026 field program at the Skaergaard project in southeast Greenland.

  3. How can diamond core drilling support mineral exploration?

    Diamond core drilling uses a rotating drill bit with industrial diamonds to cut a cylindrical sample of rock. The recovered core preserves a continuous record of the rock layers encountered, allowing geologists to examine mineralization and geological features. Samples can also be sent for laboratory analysis and other testing.

  4. What kinds of studies will accompany the Skaergaard drilling?

    The release says drilling will generate geological, metallurgical and engineering data for mine planning and broader development studies. The campaign is also planned to run alongside metallurgical and processing work with GTK Mintec, which Greenland Mines says is intended to support future economic evaluations of the project.

SEC filings

Earlier from Greenland Mines

  1. Greenland Mines (NASDAQ: GRML) Engages Tetra Tech, GeoSim for Sarfartoq S-K 1300 Resource Update
  2. Greenland Mines (NASDAQ: GRML) Acquires Strategic Stake in AnorTech
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