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 includes 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.
The integrated campaign will utilize three helicopter-portable drill rigs and 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.
This announcement is significant because it marks a concrete step toward advancing the Skaergaard project, which holds potential for both precious and critical metals. The drilling program is designed to upgrade resource categories, which could improve the project’s economic feasibility and attract further investment. Additionally, the integration of metallurgical studies with drilling data will provide a more comprehensive understanding of the ore body, essential for mine planning and development.
The Skaergaard project is part of Greenland Mines’ broader strategy to build a multi-asset platform with exposure to rare earth magnet materials, precious metals, and midstream processing opportunities. The company’s vision includes a North Atlantic Critical Metals Corridor linking Greenland resources with allied downstream jurisdictions. This drilling contract is a key milestone in executing that strategy.
For further details, the full press release can be accessed at https://ibn.fm/9uyEs. The latest news and updates relating to GRML are available in the company’s newsroom at https://ibn.fm/GRML.
