Greenland Mines completes 4,480 metres of drilling at Skaergaard project
GRML•Greenland Mines completed 4,480 metres of diamond drilling at its Skaergaard project in southeast Greenland to support metallurgical evaluation, engineering and project assessment.
1. Drilling completed
Greenland Mines completed 4,480 metres of diamond drilling at Skaergaard in southeast Greenland. The work supports metallurgical evaluation, engineering and project assessment.
2. Other Greenland project
The company said Skaergaard holds palladium, platinum and gold resources. Its Sarfartoq project in southwest Greenland offers potential future supply of neodymium-praseodymium magnet materials; a previously disclosed initial assessment estimated a high-case, pre-tax net present value of approximately $2.05 billion at an 8% discount rate.
