Positive<\/p>\n
-1.2%<\/p>\n
Support vessel departed with drilling, sampling, survey, and environmental equipment<\/p>\n
Jul 28<\/p>\n
Patent issuance<\/a><\/p>\n Positive<\/p>\n +4.0%<\/p>\n Canadian patent granted for Klotho gene therapy platform technology<\/p>\n Jul 23<\/p>\n Rights plan adoption<\/a><\/p>\n Negative<\/p>\n -9.8%<\/p>\n Limited-duration stockholder rights plan became effective July 22<\/p>\n Jul 15<\/p>\n Resource estimate update<\/a><\/p>\n Positive<\/p>\n +0.9%<\/p>\n Updated technical report showed higher grades and contained PdEq ounces<\/p>\n Jul 10<\/p>\n Patent grant<\/a><\/p>\n Positive<\/p>\n +1.2%<\/p>\n Australian patent granted for Klotho gene therapy technology<\/p>\n Pattern Detected<\/p>\n GRML’s recent positive announcements were followed by mixed outcomes, while the negative rights-plan announcement was followed by a decline.<\/p>\n lidar<\/p>\n technical<\/p>\n “initial LiDAR drone surveys have been completed”<\/p>\n Lidar, which stands for Light Detection and Ranging, is a technology that uses laser beams to create detailed, three-dimensional maps of the environment. It works like a sophisticated eye that measures distances by bouncing light off objects, helping machines see and understand their surroundings. For investors, lidar is important because it enables advancements in autonomous vehicles, robotics, and mapping, which can drive innovation and growth in related industries.<\/p>\n bulk sampling<\/p>\n technical<\/p>\n “areas planned for blasting and bulk sampling later in the season”<\/p>\n Bulk sampling is the process of taking a large, representative portion of a material batch or group of items and testing that combined sample to assess quality, safety, or composition. Think of it like scooping a handful from a big sack to judge the whole; results help show whether a product batch meets standards. For investors, bulk sampling matters because test outcomes can affect manufacturing throughput, regulatory clearance, costs, and timelines tied to a company\u2019s products or operations.<\/p>\n mineral resource<\/p>\n technical<\/p>\n “support further upgrading of the Mineral Resource”<\/p>\n A mineral resource is a naturally occurring concentration of minerals in the ground that is considered valuable and likely recoverable based on geological evidence and preliminary studies. For investors, it signals the potential size and worth of a deposit\u2014like a marked treasure area on a map\u2014while also carrying uncertainty about how much can actually be mined and at what cost, affecting project value and risk.<\/p>\n initial assessment<\/p>\n technical<\/p>\n “advance Skaergaard toward an Initial Assessment”<\/p>\n An initial assessment is a short, early review that identifies the main facts, risks and likely next steps about a business matter, product, clinical result or regulatory filing. It matters to investors because it sets first expectations\u2014like a quick health check that signals whether deeper investigation, a change in valuation, or an urgent response is needed\u2014and can influence short\u2011term market reactions and planning.<\/p>\n AI-generated analysis. How Rhea-AI works<\/a>. Not financial advice.<\/p>\n
08\/11\/2026 – 09:00 AM<\/p>\n Support vessel Argus anchored on site following smooth Denmark Strait crossing<\/p>\n Equipment and infrastructure successfully mobilized ashore with safety inductions completed across all operational teams<\/p>\n First drill rigs turning with initial holes expected complete within days<\/p>\n SKAERGAARD, Greenland, Aug. 11, 2026 (GLOBE NEWSWIRE) — via IBN \u2013 Greenland Mines Ltd (“Greenland Mines” or the “Company”) (Nasdaq: GRML<\/a>) is pleased to announce that its support vessel Argus has arrived and anchored at the Skaergaard gold, palladium and platinum project in southeast Greenland, following a smooth crossing of the Denmark Strait. \u00a0Drilling has now commenced as the Company’s 2026 field season moves into full operation.<\/p>\n Argus anchored close to shore, near the area identified for initial drilling and bulk sampling. Equipment, machinery, materials, and local onshore infrastructure were successfully slung from Argus to shore, and safety drills and inductions were completed across all parts of the operation before work began. The Company’s diamond drill rigs, supplied and operated by the drilling company Nordisk Fundering and including two new heli-portable units, have been assembled and are now running, with the first holes of the season expected to be completed within days.<\/p>\n “Arriving safely at Skaergaard and getting rigs turning is a defining moment for this season, and for the project,” said Dr. Bo M\u00f8ller Stensgaard, President of Greenland Mines Ltd. “The crossing was smooth, the offload went exactly to plan, our safety inductions are complete, and drilling is now underway. Every step this summer builds toward the next phase of Skaergaard’s development, and this is where that work truly begins. I want to recognize the entire team on the ground and aboard Argus for the professionalism and care that went into getting us here safely and getting equipment ashore so efficiently. That is the foundation for a strong season.”<\/p>\n Operational Highlights Since Arrival<\/p>\n Safe arrival and anchorage: Argus completed a smooth crossing of the Denmark Strait and is now anchored close to shore at Skaergaard Project, near the area targeted for the season’s initial drilling and bulk sampling.Full mobilization ashore: equipment, machinery, materials, and onshore infrastructure have been successfully transferred from Argus to the Skaergaard shoreline.Safety first: safety drills and inductions have been completed across all parts of the operation, consistent with the Company’s commitment to a safe, disciplined field season.Drilling underway: drill rigs from Nordisk Fundering, including two new heli-portable units, have been assembled and are operating, with the first holes of the season expected to be completed within days.Drone-based LiDAR survey work: initial LiDAR drone surveys have been completed, and the areas planned for blasting and bulk sampling later in the season have been outlined.Drill target definition advancing: approximately one-third of the season’s planned drill locations have been identified and marked in the field, with the remainder to follow as the program progresses.S\u00f8dalen airstrip confirmed operational: the S\u00f8dalen airstrip has been assessed and found to be in excellent condition, providing the Company with an efficient means of mobilizing and demobilizing crew and topic-specific experts over the coming two months by fixed-winged aircrafts, as well as an important safety component.Favorable field conditions: the team has been operating under sunny, warm conditions, supporting strong early-season progress. <\/p>\n A Season Built for the Next Phase of Skaergaard<\/p>\n The commencement of drilling marks the start of the operational core of the Company’s 2026 field program at Skaergaard, which is designed to support further upgrading of the Mineral Resource, advance metallurgical and engineering studies through bulk sampling, and generate the environmental, geotechnical and infrastructure data required to advance Skaergaard toward an Initial Assessment and its next phase of development. With Argus on site, equipment ashore, and drill rigs turning, the Company is positioned to execute a full and productive season across the coming two months.<\/p>\n About the Skaergaard Project<\/p>\n Skaergaard is one of the world’s largest undeveloped palladium, gold and platinum deposits, hosted in the Triple Group of the Skaergaard layered mafic igneous intrusion in southeast Greenland, approximately 400 km west of Iceland. The deposit benefits from deep fjord access and proximity to the existing S\u00f8dalen airstrip. Greenland Mines, through its subsidiary Major Precious Greenland A\/S, holds an 80% interest in and option to acquire the remaining 20% of the three Mineral Exploration Licenses covering the Project and adjacent areas.<\/p>\n Skaergaard’s location on Greenland’s east coast is central to the Company’s long-term vision for a North Atlantic Critical Metals Corridor, anchored by upstream production at Skaergaard and potential downstream processing and logistics infrastructure in Iceland. In support of this vision, Greenland Mines holds a First Right of Refusal on the Helguvik industrial complex on Iceland’s Reykjanes Peninsula, a brownfield site with existing industrial infrastructure, deep-water port access and low-cost renewable grid power, located approximately 400 km by sea from Skaergaard.<\/p>\n About Greenland Mines Ltd<\/p>\n Greenland Mines Ltd is a Nasdaq-listed company with two operating divisions: (1) Mining, focused on the exploration and development of the Skaergaard Project in southeast Greenland and, subject to closing of the previously announced transaction, the Sarfartoq neodymium-praseodymium (Nd-Pr) rare earths project in southwest Greenland; and (2) Biotech, including Klotho’s KLTO\u2011202 primary indication for ALS. The Company\u2019s strategy is centered on building a multi-asset platform with exposure to rare earth magnet materials, precious metals, and select midstream processing opportunities, while advancing its broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.<\/p>\n Forward-Looking Statements<\/p>\n This press release contains forward\u2011looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward\u2011looking statements are often identified by words such as \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201ccould,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cestimate\u201d and similar expressions. These forward-looking statements include, but are not limited to, statements regarding the scope, timing, progress and expected results of the 2026 field program; the anticipated completion of drill holes; the potential for resource growth and upgrade at Skaergaard; the timing and scope of bulk sampling, environmental, geotechnical and engineering studies; the continued operational use of the S\u00f8dalen airstrip; and the Company’s plans to advance Skaergaard toward an Initial Assessment and its next phase of development. These statements involve known and unknown risks and uncertainties, including weather, logistical, and operational risks inherent to Arctic field programs, that could cause actual results to differ materially from those expressed or implied. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. Readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update any forward-looking statement except as required by applicable law.<\/p>\n For further information: InvestorWire Service Contact:
What did Greenland Mines (GRML) announce about the 2026 Skaergaard drilling season on August 11, 2026?<\/p>\n
Has drilling officially started at Greenland Mines’ Skaergaard project (GRML) in 2026?<\/p>\n
What are the key operational highlights since Argus arrived at the Skaergaard project for Greenland Mines (GRML)?<\/p>\n
What is the objective of Greenland Mines’ 2026 field program at the Skaergaard project (GRML)?<\/p>\n
What ownership interest does Greenland Mines (GRML) hold in the Skaergaard project and its licenses?<\/p>\n
How does the S\u00f8dalen airstrip support Greenland Mines’ 2026 operations at Skaergaard (GRML)?<\/p>\n
How does the Skaergaard project fit into Greenland Mines’ broader North Atlantic Critical Metals Corridor strategy (GRML)?<\/p>\n
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Investor Relations
Greenland Mines Ltd\u00a0|\u00a0Nasdaq: GRML
Email:\u00a0ir@greenlandmines.com<\/a>
Website:\u00a0www.greenlandmines.com<\/a><\/p>\n
IBN.Ai
Austin, Texas
www.IBN.ai<\/a>
512.354.7000 Office
Editor@IBN.Ai<\/a><\/p>\n
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\n Greenland Mines announced that vessel Argus arrived at Skaergaard and 2026 drilling has commenced. According to Greenland Mines, equipment is fully mobilized ashore, safety inductions are complete, drill rigs are operating, and the first holes of the season are expected to be finished within days.
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\n Yes, drilling has officially started at Skaergaard for the 2026 field season. According to Greenland Mines, diamond drill rigs supplied by Nordisk Fundering, including two new heli\u2011portable units, are assembled and running, with initial drill holes expected to be completed within a few days.
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\n Key highlights include Argus anchoring nearshore, full equipment mobilization, completed safety drills and the start of drilling. According to Greenland Mines, LiDAR drone surveys are finished, one\u2011third of drill targets are marked, and the S\u00f8dalen airstrip is confirmed operational for crew and expert transport.
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\n The 2026 program aims to advance Skaergaard toward an Initial Assessment and next development phase. According to Greenland Mines, the campaign focuses on upgrading the Mineral Resource, bulk sampling for metallurgical and engineering studies, and gathering environmental, geotechnical and infrastructure data over the coming two months.
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\n Greenland Mines currently holds an 80% interest in Skaergaard through its subsidiary Major Precious Greenland A\/S. According to Greenland Mines, it also holds an option to acquire the remaining 20% of the three Mineral Exploration Licenses covering the project and adjacent areas.
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\n The S\u00f8dalen airstrip provides critical logistical and safety support for the 2026 field program. According to Greenland Mines, the airstrip has been assessed in excellent condition, enabling efficient mobilization and demobilization of crew and topic-specific experts by fixed-wing aircraft over the next two months.
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\n Skaergaard is central to Greenland Mines\u2019 North Atlantic Critical Metals Corridor vision. According to Greenland Mines, Skaergaard would anchor upstream precious and critical metals production, complemented by potential downstream processing and logistics infrastructure in Iceland, supported by a First Right of Refusal on the Helguvik industrial complex.
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