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A Drilling Crew, an Icebreaker, and a Path to an Open Pit at Skaergaard

Thursday, June 25, 2026 BiopharmaWatch Research 1 min read
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Key Takeaway: Greenland Mines Ltd. has signed a contract with Nordisk Fundering for a diamond drilling campaign at Skaergaard. The project will involve approximately 7,500 meters of drilling using three rigs in 2026. This initiative aims to transition one of the West's largest palladium-gold-platinum deposits into a development-ready open-pit project.
Price reaction · baseline $0.2388 (2026-06-25T15:22:00.000Z) · hit during market hours · 1 other GRML headline(s) in the window, move may be shared
day 0 close · peak
-12.1%
day 1
+7.2%
day 3
+8.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Greenland Mines Ltd. has secured a diamond drilling contract.
  • The campaign aims to advance a significant palladium-gold-platinum deposit.
  • The project is moving towards a development-ready, open-pit scale.

Full Press Release Details

A Drilling Crew, an Icebreaker, and a Path to an Open Pit at Skaergaard PR Newswire Issued on behalf of Greenland Mines Ltd. Greenland Mines Ltd. (Nasdaq: GRML) has signed a diamond drilling contract with Arctic specialist Nordisk Fundering for a ~7,500-metre, three-rig 2026 campaign at Skaergaard — work designed to push one of the West ‘ s largest palladium-gold-platinum deposits from a big resource toward a development-ready, open-pit-scale project. CHARLOTTE, …
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The post A Drilling Crew, an Icebreaker, and a Path to an Open Pit at Skaergaard appeared first on Greenland Mines Corp. .

Frequently Asked Questions

What is the purpose of the drilling campaign at Skaergaard?

The drilling campaign aims to advance the palladium-gold-platinum deposit towards a development-ready open-pit project.

Who is conducting the drilling at Skaergaard?

The drilling is being conducted by Arctic specialist Nordisk Fundering.

How much drilling is planned for the Skaergaard project?

The campaign plans approximately 7,500 meters of drilling using three rigs.

When is the drilling campaign scheduled to take place?

The drilling campaign is scheduled for 2026.

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Tags: GRML Viatris Investor Conferences Healthcare Greenland Mines Skaergaard Nordisk Fundering palladium gold
Last updated: Jun 25, 2026

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