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.
The drilling contract marks a significant step for Greenland Mines as it progresses the Skaergaard project, which the company considers a key asset in its strategy to build a multi-asset platform with exposure to rare earth magnet materials, precious metals and selected midstream processing opportunities. The project is located within Greenland’s North Atlantic Critical Metals Corridor, a region the company aims to link with allied downstream jurisdictions and industrial infrastructure.
Investors can view the full press release at https://ibn.fm/9uyEs and find the latest news and updates on GRML in the company’s newsroom at https://ibn.fm/GRML.
