Welcome to our dedicated page for Greenland Mines news (Ticker: GRML), a resource for investors and traders seeking the latest updates and insights on Greenland Mines stock.
Greenland Mines Ltd. reports developments tied to the Skaergaard Project in East Greenland and to its current two-division structure. Company news commonly covers mineral resource sensitivity work, geological consulting, metallurgical and processing programs, environmental baseline work, Arctic logistics, and Greenland stakeholder engagement.
News also includes corporate updates for Greenland Mines and its subsidiary Major Precious Greenland A/S, including participation in raw-materials and Greenlandic business organizations. The company's disclosures continue to reference its Cell and Gene Therapy division, including Klotho-related programs and KLTO-202 in ALS.
Greenland Mines (Nasdaq: GRML) announced that the Government of Greenland, via the Ministry of Business and Mineral Resources, has formally approved the indirect transfer of Mineral Exploration License MEL 2020-32 for the Sarfartoq Carbonatite Complex from Neo Performance Materials to Greenland Mines.
The approval, granted under Section 69(1) of the Greenland Mineral Activities Act, satisfies a key regulatory closing condition for Greenland Mines’ planned acquisition of the Sarfartoq neodymium-praseodymium (Nd-Pr) Rare Earths Project. Sarfartoq features a core ST1 zone with an Nd-Pr ratio of 25–40% of total rare earth oxides, a historic NI 43-101 resource, a Preliminary Economic Assessment, more than 15 years of work and 23,000 meters of drilling, plus existing camp and drill rigs.
Together with the Skaergaard palladium-gold-platinum project, Sarfartoq underpins the company’s North Atlantic Critical Metals Corridor strategy and its dual focus on mining and biotech.
Greenland Mines (Nasdaq: GRML) reported operational progress at its Skaergaard and Sarfartoq Greenland projects and approved a 1-for-50 reverse stock split of its common stock, effective 12:01 a.m. ET on Aug. 24, 2026, aimed at meeting Nasdaq’s minimum bid price requirement.
At Skaergaard, a July 2026 S-K 1300 Technical Report delivered a materially upgraded Mineral Resource Estimate, with Indicated PdEq grade up 36% and contained Indicated PdEq ounces up 31% versus 2022, now totaling approximately 7.6M oz palladium and 3.2M oz gold in Indicated resources, plus substantial Inferred resources. Fieldwork includes bulk sampling, drilling, LiDAR, geotechnical and environmental baseline studies.
Subject to closing, the Company plans a September geological program and second year of environmental baseline work at the Sarfartoq Nd-Pr rare earth project. The reverse split will reduce outstanding shares from about 158.9M to about 3.18M while leaving ownership percentages and authorized shares unchanged.
Greenland Mines (Nasdaq: GRML) reported two major 2026 field milestones at its Skaergaard Project in southeast Greenland: completion of a high-resolution multibeam bathymetric survey by M/V Byr and completion of all HQ-diameter drill core required for a planned metallurgical bulk sample.
The marine survey covered more area than originally planned, met high-spec technical standards, and is already being used to guide vessel anchorage within 500 meters of the western outcropping mineralized zone. Data is progressing toward supporting new official navigational charts and future large-scale shipping infrastructure planning. In parallel, the drill program has shifted to NQ-size core drilling for resource definition and geotechnical work, supported by a newly built, fully operational core shack on site, as the project advances toward an Initial Assessment and its next development phase.
Greenland Mines (Nasdaq: GRML) announced that support vessel Argus has arrived and anchored at the Skaergaard gold, palladium and platinum project in southeast Greenland, marking the start of full 2026 field operations and the commencement of diamond drilling.
Equipment, machinery, materials and onshore infrastructure have been fully mobilized from Argus to shore, with safety drills and inductions completed across all operational teams. Drill rigs provided by Nordisk Fundering, including two new heli-portable units, are assembled and operating, with the first holes expected to be completed within days. Initial drone-based LiDAR surveys are finished and areas for later-season blasting and bulk sampling have been outlined, while about one‑third of planned drill targets are already marked in the field.
The Sødalen airstrip has been confirmed operational, supporting crew rotation and safety. The 2026 program is designed to upgrade the Skaergaard Mineral Resource, advance metallurgical and engineering studies through bulk sampling, and gather data toward an Initial Assessment.
Greenland Mines (Nasdaq: GRML) has commenced its 2026 field season at the Skaergaard Project, with the support vessel Argus departing Reykjavik for southeast Greenland carrying three drill rigs, bulk sampling machinery, geophysical and drone survey equipment, exploration infrastructure, fuel and environmental monitoring tools.
The program deploys a 40+ person specialist team and a multilayered logistics network including Argus as an offshore hub, advance survey vessel MS Byr acquiring seabed and coastal data, and helicopter and fixed‑wing air support via Tasiilaq and the nearby Sodalen airstrip. The 2026 campaign, described by the company as its most comprehensive at Skaergaard, integrates resource drilling, bulk sampling, expanded environmental baseline studies, and geotechnical and engineering work to support an Initial Assessment and evaluation of potential open‑pit and underground mining scenarios.
Greenland Mines (Nasdaq: GRML) announced that Innovation, Science and Economic Development Canada has granted Patent No. CA3,005,398 for a Klotho gene therapy platform licensed from researchers at Universitat Autònoma de Barcelona and collaborators.
The patent covers a nucleic acid sequence encoding secreted Klotho (s-KL), with 42 claims protecting synthesis, gene delivery methods and therapeutic use for multiple neurodegenerative and dementia-related conditions. According to Greenland Mines, KLTO-101, covered by this patent and others in the US, China and Europe, is scheduled to enter process development and manufacturing in August 2026, while KLTO-202 for ALS, multiple sclerosis and other neuromuscular disorders has advanced to GMP manufacturing and is expected to begin regulatory interactions before the end of 2026.
Greenland Mines (Nasdaq: GRML) has adopted a limited-duration stockholder rights plan, effective July 22, 2026, intended to protect all stockholders’ ability to receive full and fair value in any takeover or control transaction. The plan is designed to deter coercive accumulations of a control or blocking stake, including through derivatives, without an appropriate control premium, and to give the board time to evaluate proposals.
According to Greenland Mines, stockholders of record on August 7, 2026 will receive a dividend of one right per common share. The rights generally become exercisable if any person or group acquires 15% or more of outstanding common shares. At that point, holders (other than the acquiring person and related parties) may purchase additional shares at an exercise price of $0.75 per right, with a market value of about twice the exercise price, implying a roughly 50% discount.
The plan, which expires on July 22, 2027 unless earlier redeemed, exchanged or terminated, also provides similar purchase features if, after a person becomes an acquiring person, Greenland Mines is acquired or sells more than 50% of its consolidated assets or earning power. Existing holders at or above 15% before adoption are grandfathered but generally trigger the plan if they increase their stake by 0.20% or more. The board can redeem rights for $0.0001 per right or exchange each right for one common share. Greenland Mines emphasizes the plan does not block offers the board deems fair and beneficial to stockholders.
Greenland Mines (Nasdaq: GRML) announced completion of an S-K 1300-compliant Technical Report Summary for its Skaergaard gold, palladium and platinum project in southeast Greenland, incorporating an updated 2026 Mineral Resource Estimate effective July 3, 2026.
The 2026 MRE shows a 31% increase in Indicated contained PdEq metal to 15.00 Moz and a 24% increase in Inferred contained PdEq to 17.49 Moz versus the 2022 NI 43‑101 estimate. Indicated PdEq grade rises from 2.23 g/t to 3.04 g/t (+36%), while Inferred PdEq grade increases from 2.14 g/t to 3.07 g/t (+44%).
The update uses the same drill database as 2022 but applies higher metal prices (including US$3,500/oz gold), an NSR cut-off of US$84/t and an industry-standard block model, resulting in fewer tonnes but higher grades. The S-K 1300 TRS establishes a U.S. regulatory foundation for Greenland Mines to advance toward an Initial Assessment evaluating open-pit and underground scenarios.
Greenland Mines (Nasdaq: GRML) announced that IP Australia has granted Australian Patent No. 2023252508 for Klotho gene therapy technology exclusively licensed by its Biotech Division. The patent covers human gene therapy using a muscle-cell specific promoter linked to a gene encoding human Klotho s-KL protein to treat motor impairment.
The claims extend to neuronal cells, induced pluripotent stem cells, and delivery systems including adeno-associated viral and non-viral vectors with muscle or motor neuron tropism. According to Greenland Mines, this grant expands its global intellectual property protecting the Klotho-based platform and supports advancement of KLTO-202 toward clinical development in neuromuscular diseases.
Greenland Mines (Nasdaq: GRML) will add Professor Wolfgang Maier and Associate Professor Kristoffer Szilas to its 2026 Skaergaard field campaign in southeast Greenland. Both are established magmatic and Greenland specialists with extensive publication records, research funding and field experience.
Their role is to support geological modeling, improve data quality, integrate the latest academic insights, and help de‑risk future decisions on resource evaluation, mine design concepts and development options at the Skaergaard precious and critical metals project.