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Greenland Mines Says It Received Government Of Greenland Approval For Sarfartoq License Transfer, Expects To Close $35M Neo North Star Resources Acquisition Before September 1

BenzingaBenzinga Newsdesk

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  1. Globenewswire IncGreenland Mines Ltd

    Greenland Mines Provides Progress Update on 2026 Field Programs at Skaergaard and Sarfartoq

    Greenland Mines completed its 2026 bulk-sampling program at the Skaergaard palladium-platinum-gold project in East Greenland, collecting 104.8 tons of mineralized material from seven sites—exceeding the original plan. Simultaneously, the company opened its exploration camp at the Sarfartoq rare earth element project in West Greenland and initiated structural mapping and environmental baseline studies, building on the project's compelling Initial Assessment showing a pre-tax NPV of approximately US$2.05 billion and IRR of 118.6%.