Palladium equivalent (PdEq)
153.6 Mt at 3.04 g/t PdEqHigher confidence in the estimated quantity and grade.
Project overviewMineral Resource Estimate
A new chapter in
a remarkable geology.
Emissions catalysts
Palladium is used in catalytic converters that help reduce harmful vehicle exhaust emissions.
Material applications; no current project production is implied.
Palladium and platinum help catalysts reduce harmful vehicle emissions. Gold protects electrical contacts against corrosion. Skaergaard hosts all three within a layered intrusion studied over decades. The completed 2026 drilling program adds new evidence for resource evaluation and processing studies.
Skaergaard is a layered mafic intrusion on Greenland’s southeast coast. Precious-metal mineralization occurs within defined stratigraphic horizons, including the Triple Group sequence.
The project sits on the Greenland side of the Denmark Strait. The company is evaluating an Iceland-linked processing strategy; technical, commercial, and permitting work is still required.
Company interest
80%, with an option for the remaining 20%
Greenland Mines holds an 80% interest, with an option to acquire the remaining 20%. Mineral resource figures shown are on a 100% project basis, not the company’s attributable share.
Ownership referenceThe resource foundationEffective July 3, 2026
Defined in the model.
Tested in the next phase.
S-K 1300 · 100% project basis. Review the original report for assumptions, methodology, cut-offs, and the qualified person’s conclusions.
Palladium equivalent (PdEq)
177.5 Mt at 3.07 g/t PdEqLower confidence in the estimated quantity and grade.
Reading the figures
PdEq (palladium equivalent) combines the reported metals into one measure using the technical report’s assumptions. The figure is not palladium alone. Mt means million metric tons; g/t means grams per metric ton.
Mineral resources are not mineral reserves and do not have demonstrated economic viability. Inferred resources have a lower level of geological confidence than Indicated resources. Figures are reported separately and may be rounded. All figures are on a 100% project basis; Greenland Mines holds 80%. PdEq is a metal-equivalent measure, not physical palladium content.
Read the S-K 1300 technical reportFrom the field to the next milestone2026 program
In the field.
The 2026 field program completed 4,480 meters of drilling across 17 holes and collected more than 100 metric tons of bulk material for further study.
Read the program updateIn development.
Evaluate new drilling data and undertake metallurgical testwork with GTK. Processing-flowsheet development and an Initial Assessment are the next technical priorities.
Gallium, vanadium, iron, and titanium are being investigated as potential co-products. They are not established payable products or additional mineral resources.
The completed 2026 programReported October 1, 2026
4,480mDiamond drilling completed
17Drill holes completed
>100tBulk material collected
What the program enables
Connect new drilling with the geological record.
The 2026 drilling provides new data for subsequent resource evaluation. The program followed the July resource estimate and is separate from the work underlying those published figures.
4,480 meters drilled across 17 holes