Greenland Mines (GRML) Completes 2026 Skaergaard Field Program

LOS ANGELES, CA - October 5, 2026 (NEWMEDIAWIRE) - Greenland Mines (NASDAQ: GRML) (FSE: HK6), a Greenland-focused mineral resource development company, completed its more than two-month 2026 field program at the Skaergaard Project in southeast Greenland. The multidisciplinary campaign included 4,480 meters of diamond drilling across 17 holes, more than 105 tons of bulk material and mining-oriented geotechnical, structural, LiDAR, high-resolution aeromagnetic, ground-penetrating radar and environmental baseline programs. The work is intended to advance Skaergaard toward metallurgical flowsheet development, mine and infrastructure planning, resource evaluation, environmental studies and preparation of an Initial Assessment.

The company’s 2026 S-K 1300 Mineral Resource Estimate includes 15 million ounces PdEq in Indicated Mineral Resources and 17.49 million ounces PdEq in Inferred Mineral Resources, with the current estimate covering approximately one-quarter to one-third of the intrusion hosting the defined precious-metal horizons. Greenland Mines is also evaluating potential vanadium, iron and gallium value streams alongside its palladium-platinum-gold flowsheet, although no economic credit is currently assigned to those potential by-products.

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About Greenland Mines Ltd

Greenland Mines Ltd is a Nasdaq-listed resource development and mining company focused on the development of the Skaergaard Project in southeast Greenland and the Sarfartoq neodymium-praseodymium rare earths project in southwest Greenland. The Company’s strategy is centered on building a multi-asset platform with exposure to rare earth magnet materials, precious metals and select midstream processing opportunities, while advancing its assets and broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.

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The latest news and updates relating to GRML are available in the company’s newsroom at https://ibn.fm/GRML

Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.

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