Greenland Mines Completes Skaergaard Development Planning Workshop, Advancing Critical Metals Project

Greenland Mines (NASDAQ: GRML) announced it has completed a three-day, multidisciplinary planning workshop for its Skaergaard Precious and Critical Metals Project in southeast Greenland, bringing together more than 15 international experts from GTK Mintec, the Geological Survey of Finland, SLR Consulting, WSP Denmark and other technical specialists. The June 22-24 sessions focused on advancing understanding of the orebody and processing pathways, planning 2026 drilling, sampling and environmental programs and establishing a roadmap toward an Initial Assessment (“IA”) or Preliminary Economic Assessment (“PEA”) and future development.

The company said the workshop produced an integrated plan for the 2026 field campaign, a refined metallurgical testing strategy, a framework for incorporating geotechnical and environmental data into mine design and permitting and a long-term development roadmap extending toward a potential exploitation license. Greenland Mines said the workshop builds on its existing collaborations with GTK Mintec, WSP Denmark and SLR Consulting and reflects its strategy of engaging leading international technical experts to advance the Skaergaard project.

The Skaergaard Project is a critical minerals asset that contains precious and critical metals, including platinum group elements, gold, and rare earth elements. This development is important as it represents a step forward in the potential supply of critical minerals from Greenland, which is strategically positioned for the global energy transition and Western supply chain diversification. The integrated plan from the workshop sets a clear path for advancing the project through the next phases of exploration and assessment, potentially leading to a production decision.

Greenland Mines Ltd is a Nasdaq-listed company with two operating divisions: Mining, focused on the exploration and development of the Skaergaard Project in southeast Greenland and, subject to closing of a previously announced transaction, the Sarfartoq neodymium-praseodymium rare earths project in southwest Greenland; and 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.

For the full press release, visit https://ibn.fm/LP1cL. The latest news and updates relating to GRML are available in the company’s newsroom at https://ibn.fm/GRML.