Greenland Mines Ltd. has applied to more than double its footprint in West Greenland, aiming to expand the Sarfartoq rare earth project into a district-scale operation. The company's ST1 deposit features an S-K 1300 resource estimate and an Initial Assessment showing a high-case NPV of $2.05 billion and an IRR of 118.6%.
Greenland Mines Ltd. has applied to more than double its footprint in the Sarfartoq rare earth district in West Greenland. The company also disclosed an S-K 1300 Mineral Resource Estimate for the ST1 deposit totaling 12.2 Mt at 1.32% TREO, supported by an Initial Assessment showing a high-case NPV of $2.05 billion.
Greenland Mines Ltd has applied for a new 262 km² exploration license in West Greenland, more than doubling its control over the Sarfartoq rare earth district. The company also highlighted its recent ST1 Mineral Resource Estimate and an Initial Assessment showing a high-case pre-tax NPV of $2.05 billion.
