Greenland Mines (NASDAQ: GRML) Completes Skaergaard Bathymetric Survey, Advances 2026 Drill Program 

Austin, Texas, United States, August 17th, 2026, FinanceWire

Greenland Mines (NASDAQ: GRML) completed its 2026 bathymetric survey campaign at the Skaergaard Project in southeast Greenland, covering more area than originally planned and producing high-resolution seabed data across the fjords surrounding the project. The data has already been used to guide the company support vessel to a new anchorage within 500 meters of the initial 2026 operational area and is expected to support new official navigational charts, a dedicated navigational safety study and planning for future large-scale marine shipping operations.

Greenland Mines also completed all HQ-diameter drill core required for its planned multiton metallurgical bulk sample and has transitioned to NQ-size core drilling for resource definition and geotechnical work through the remainder of the season. A new core shack for logging, sampling and storage is fully operational. The work forms part of a broader 2026 field program at Skaergaard encompassing resource definition drilling, metallurgical bulk sampling, environmental baseline studies and infrastructure planning as the company advances the project toward an Initial Assessment.

To view the full press release, visit: https://ibn.fm/vk7G8

About Greenland Mines

Greenland Mines Ltd. is a Nasdaq-listed company with two operating divisions: (1) Mining, focused on the exploration and development of the Skaergaard Project in southeast Greenland and, subject to closing of the previously announced transaction, the Sarfartoq neodymium-praseodymium (Nd-Pr) rare earths project in southwest Greenland; and (2) Biotech, including Klotho’s KLTO‑202 primary indication for ALS. The Company’s strategy is centered on building a multi-asset platform with exposure to rare earth magnet materials, precious metals and selected midstream processing opportunities, while advancing its broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.

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