Greenland drilling contracts secured by Stampede Drilling and Greenland Mines

Stampede Drilling Inc. received upfront capital from Greenland Energy to fund rig upgrades and a 2026 mobilization for an exploration program in East Greenland’s Jameson Land Basin. The funding reduces Stampede’s out‑of‑pocket costs and the contract awaits final Greenlandic government approval.

Greenland Mines signed a diamond‑drilling agreement with Danish contractor Nordisk Fundering for a 7,500‑metre, helicopter‑supported campaign at the Skaergaard project in southeast Greenland. The work will gather geotechnical and metallurgical data to support future open‑pit development and bulk‑sample planning, with additional logistics provided by helicopter support and an ice‑breaker base vessel.