Project UpdateAug 11, 2026, 09:02 AM
Greenland Mines Begins Drilling at Skaergaard Project
AI Summary
Greenland Mines Ltd announced the commencement of drilling operations at its Skaergaard gold, palladium, and platinum project in southeast Greenland. The support vessel Argus successfully arrived, and all equipment and infrastructure were mobilized ashore. Safety inductions were completed, and drill rigs are now running, with the first holes expected to be completed within days, marking the full operational start of the 2026 field season.
Key Highlights
- Support vessel Argus arrived and anchored at Skaergaard project after smooth Denmark Strait crossing.
- Equipment, machinery, and materials successfully mobilized ashore from Argus.
- Safety drills and inductions completed across all operational teams.
- Diamond drill rigs, including two new heli-portable units, are running, with first holes expected within days.
- Initial LiDAR drone surveys completed, outlining areas for blasting and bulk sampling.
- Approximately one-third of the season's planned drill locations identified and marked.
- Sødalen airstrip confirmed operational and in excellent condition for crew mobilization.
- Favorable sunny, warm field conditions are supporting strong early-season progress.
Price Impact
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