{"id":140103,"date":"2026-08-04T08:35:12","date_gmt":"2026-08-04T08:35:12","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/140103\/"},"modified":"2026-08-04T08:35:12","modified_gmt":"2026-08-04T08:35:12","slug":"greenx-stakes-its-claim-in-greenland-gold-rush","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/140103\/","title":{"rendered":"GreenX stakes its claim in Greenland gold rush"},"content":{"rendered":"<p><a href=\"https:\/\/greenxmetals.com\/\" target=\"_blank\" rel=\"nofollow noopener\">GreenX Metals<\/a> (ASX:GRX) has secured two new exploration licences covering approximately 1,600km2 in Greenland, expanding its Eleonore North Project portfolio to around 2,100km2 across four licences.<\/p>\n<p>The new licences target reduced intrusion-related <a href=\"https:\/\/mining.com.au\/what-is-gold-and-where-is-it-found\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">gold<\/a> systems associated with Caledonian intrusions that have never been tested under this geological model.<\/p>\n<p>Historical exploration by Nordisk Mineselskab in the 1970s and 1980s identified gold assays up to 50 grams per tonne from grab samples, along with anomalous <a href=\"https:\/\/mining.com.au\/tungstens-wake-up-call-a-quarterly-perspective\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">tungsten<\/a>, <a href=\"https:\/\/mining.com.au\/more-than-beta-silver-coming-into-its-own-in-q2\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">silver<\/a>, and arsenic in regional sediment sampling.<\/p>\n<p>CEO Ben Stoikovich says the new tenure gives GreenX \u2018exclusive rights\u2019 to prospective Caledonian intrusions with documented gold and scheelite anomalies that have remained unexplored since the 1980s.<\/p>\n<p>\u201cSecuring 1,600km2 of new gold and critical minerals tenure takes our Eleonore North portfolio to approximately 2,100km2 across four licences and gives us exclusive rights to a suite of Caledonian intrusions that have never been tested against the reduced intrusion-related gold model,\u201d Stoikovich explains.<\/p>\n<p>The company has completed reconnaissance sampling and mapping during July fieldwork, with first results expected this quarter. Historical data show gold-mineralised boulders and quartz veins hosted in granitic intrusions were discovered in 1975.<\/p>\n<p>The new licences sit along a 160km mineralised structural corridor. The corridor includes the Malmbjerg Climax-type molybdenum porphyry deposit 60km to the southeast and GreenX\u2019s North Margeries antimony-tungsten and South Margeries tungsten historical deposits 100km to the north.<\/p>\n<p>Under the revised option agreement terms, GreenX must issue the original Eleonore North vendor shares valued at $250,000, calculated using the five-trading-day volume-weighted average price prior to this announcement.<\/p>\n<p>The company expects results from its July fieldwork in the coming months, with data synthesis and exploration targeting to follow.<\/p>\n<p><a href=\"https:\/\/mining.com.au\/company\/greenx-metals-limited\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">GreenX Metals<\/a> is a Perth-based explorer advancing a portfolio of <a href=\"https:\/\/mining.com.au\/commodities\/critical-minerals\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">critical minerals<\/a> projects, including the Tannenberg Copper Project in Germany and the Arctic Rift Copper Project in Greenland.<\/p>\n<p>Write to <a href=\"https:\/\/mining.com.au\/greenx-stakes-its-claim-in-greenland-gold-rush\/mailto:jc.villarba@mining.com.au\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">JC Villarba<\/a> at <a href=\"https:\/\/mining.com.au\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Mining.com.au<\/a><\/p>\n<p>Images: Mining.com.au<\/p>\n<p>Add to Watch List:Greenx MetalsOricaASXTungstenSilverGold<\/p>\n","protected":false},"excerpt":{"rendered":"GreenX Metals (ASX:GRX) has secured two new exploration licences covering approximately 1,600km2 in Greenland, expanding its Eleonore North&hellip;\n","protected":false},"author":2,"featured_media":140104,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5],"tags":[25015,67250,19182,57,19810],"class_list":["post-140103","post","type-post","status-publish","format-standard","has-post-thumbnail","category-greenland","tag-exploration","tag-exploration-licences","tag-gold","tag-greenland","tag-portfolio"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/117036327116030191","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/140103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=140103"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/140103\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/140104"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=140103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=140103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=140103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}