Greenland Mines advances Sarfartoq rare earth project with new resource estimate

Greenland Mines (NASDAQ: GRML) has hired Tetra Tech Canada Inc. and GeoSim Services Inc. to prepare an updated SEC S‑K 1300‑compliant mineral resource estimate for its Sarfartoq neodymium‑praseodymium rare‑earth project in southwest Greenland. The revised estimate, slated for completion this summer, will integrate historical NI 43‑101 data and drilling results from Neo Performance Materials collected between 2023 and 2025, and will support an upcoming preliminary economic assessment and further development studies. GeoSim’s Ronald G. Simpson, P.Geo., will act as the qualified person for the resource estimate, while Tetra Tech will provide engineering, mine‑planning and metallurgical services, evaluating open‑pit, underground and hybrid development scenarios. Greenland Mines has also re‑appointed WSP Danmark A/S to continue environmental baseline work as it moves the project forward, citing the project's strong neodymium‑praseodymium component and strategic relevance to Western rare‑earth supply chains.