Greenland Mines Reports 45-55% PdEq Grade Uplift at Skaergaard in Latest Sensitivity Study
Greenland Mines released results of an independent SLR Consulting metal-price sensitivity study for its Skaergaard Project, revealing substantial PdEq grade increases under high-price scenarios applied to the unchanged 2022 underground block model. The high-case shows average PdEq grades rising ~45% (Indicated) and ~55% (Inferred), boosting contained PdEq to 16.58 Moz (Indicated) and 21.92 Moz (Inferred) from 2022 baselines of ~11.4 Moz and ~14.1 Moz, using Au at $5,000/oz, Pd at $1,800/oz, and Pt at $2,175/oz. The latest update emphasizes project leverage to rising metal prices and outlines 2026 plans for open-pit testing, metallurgy, and drilling, enhancing appeal to investors despite cautions on economic viability.