Greenland Mines (NASDAQ: GRML) announced the start of its 2026 field season at the Skaergaard Project as its support vessel, Argus, departed Reykjavik, Iceland, for southeast Greenland carrying drill rigs, geophysical equipment, drone survey systems, bulk-sampling machinery, fuel and other exploration infrastructure. The initial field team includes more than 40 technical experts, drillers and logistics personnel, with additional specialists scheduled to rotate in throughout the season. The program encompasses resource drilling, bulk sampling, environmental baseline studies, geotechnical and engineering work, and advanced aerial and ground-based surveys designed to support a resource upgrade and advance the project toward its next development phase, including evaluation of a potential initial open-pit mining scenario alongside existing underground mining concepts.
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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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