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Greenland Mines (NASDAQ: GRML) Accelerates Rare Earth Development at Sarfartoq Project
As governments and manufacturers race to secure reliable supplies of rare earth elements for electric vehicles, renewable energy technologies and defense systems, projects that can advance toward modern resource estimates and economic studies are drawing increasing attention. Greenland Mines (NASDAQ: GRML), a mineral exploration and development company focused on building a strategic portfolio of critical mineral assets in Greenland, recently announced a significant step forward in the development of its Sarfartoq Neodymium-Praseodymium Rare Earth Magnet Project through an accelerated program to update the project’s mineral resource estimate in accordance with U.S. Securities and Exchange Commission Regulation S-K 1300.
The company has engaged Tetra Tech Canada Inc. and GeoSim Services Inc. to conduct an updated S-K 1300-compliant Mineral Resource Estimate (“MRE”) for the Sarfartoq project in southwest Greenland. Under the agreements, GeoSim will serve as the Qualified Person responsible for the…
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