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Greenland Mines starts 2026 drilling at Skaergaard gold-palladium-platinum project in Greenland

Greenland Mines starts 2026 drilling at Skaergaard gold-palladium-platinum project in Greenland

ReutersReuters2026/08/12 20:27
  • Greenland Mines started drilling at the Skaergaard gold, palladium, platinum project in southeast Greenland as the 2026 field season began.
  • Support vessel Argus arrived at site on Aug. 11; the program targets resource upgrades, bulk sampling, metallurgy, engineering, environmental data.
  • July 15 S-K 1300 technical report set indicated resources at 153.6 million tonnes for 15 million ounces palladium equivalent.
  • Inferred resources total 177.5 million tonnes for 17.49 million ounces palladium equivalent; estimate used an NSR cutoff of US$ 84 per tonne.
  • Resource pricing assumed US$ 3,500/oz gold; gold traded around US$ 4,367/oz on Aug. 11.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenland Mines Ltd. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.

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