Greenland Mines (GRML) Reports First S-K 1300 Indicated Resource, Hybrid Mining Estimate for Sarfartoq
The report outlines 6.9 million tonnes of indicated resources and a hybrid open-pit and underground mine plan that could advance financing and development.
- On Tuesday, August 25, 2026, Greenland Mines Ltd released an independent Initial Assessment for the Sarfartoq Nd-Pr Rare Earth Element Project in southwest Greenland.
- Held under Greenland Exploration License MEL 2020-32, the Sarfartoq Project is expected to produce approximately 34% of all NdPr oxide refined outside China annually at 2025 consumption levels.
- Independent analysis under Regulation S-K 1300 models a hybrid open-pit and underground mining scenario, estimating 6.9 million tonnes of Indicated Mineral Resources at 1.60% TREO and 5.3 million tonnes of Inferred Mineral Resources at 0.96% TREO.
- Under a high-case scenario, the project shows a pre-tax Net Present Value of approximately US$2.05 billion, with Neo Performance Materials Inc. retaining offtake rights on up to 60% of future concentrate production.
- Greenland Mines President Bo Møller Stensgaard described the ST1 deposit as the foundation of a major new Western rare earth district, with field teams scheduled to return in September to expand exploration.
14 Articles
14 Articles
Greenland Rare Earth Project Books Its First Indicated Resource
CHARLOTTE, N.C., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Equity Insider News Commentary - There is a line in a rare earth project’s life where the conversation changes, and it is not the discovery. It is the moment part of the…
The Toronto Star
Greenland Mines Sarfartoq Nd-Pr Rare Earth Project Valued Up to US$2.05 Billion With Pre-Tax IRR of 118.6% and Significant Additional Upside Potential
Maiden S-K 1300 economic study represents only the ST1 Nd-Pr rare earth deposit within the Sarfartoq REE carbonatite district
Globe Newswire
Financial PostGreenland Mines Delivers Landmark S-K 1300 Mineral Resource Estimate for Sarfartoq in Greenland; First-Ever Indicated Resource and First Combined Open Pit/Underground Resource for the Critical Nd-Pr Magnet Rare Earths Project
Independent Tetra Tech and GeoSim Technical Report Summary confirms high-grade resource enriched in the most valuable magnet rare earths — Nd, Pr, Dy and...
Greenland Mines (GRML) Reports First S-K 1300 Indicated Resource, Hybrid Mining Estimate for Sarfartoq
LOS ANGELES, CA - August 24, 2026 (NEWMEDIAWIRE) - Greenland Mines (NASDAQ: GRML) announced an independently prepared S-K 1300 Technical Report Summary (“TRS”) for its Sarfartoq Nd-Pr Rare Earths Project in southwest Greenland, marking the first time the project has reported a portion of its resource in the Indicated Mineral Resource category under an SEC-recognized reporting standard. The report, prepared by Tetra Tech Canada Inc. and GeoSim Se…
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