Greenland Resources Advances Malmbjerg Project with 2026 Field Program and Preconstruction Engineering Plans
Greenland Resources Inc,has announced plans for its 2026 field program at the Malmbjerg molybdenum project, marking a significant step forward in advancing project development activities. The upcoming program is designed to support preconstruction preparations, facilitate future equipment deliveries, and continue detailed engineering work in line with the recently completed project execution plan.
Alongside infrastructure and engineering activities, Greenland Resources will also launch an extensive metallurgical program focused on evaluating the recovery potential of magnesium and rare earth elements. The initiative is aimed at expanding the project’s resource potential and exploring additional value opportunities from materials associated with the Malmbjerg project.
The company’s 2026 activities follow its previously announced update regarding a potential equity investment from the European Innovation Council. Detailed due diligence for the proposed investment has commenced, with Greenland Resources expecting the process to conclude by the end of June 2026. If the assessment is successful, the company anticipates moving forward with discussions on the investment structure and final terms for the proposed €50 million investment.
The company has stated that, in addition to the potential European Innovation Council investment, it is reviewing other financing options to support the continued advancement of the Malmbjerg project. Further updates regarding financing and project development activities will be provided as progress is made.
2026 Malmbjerg Field Program
The 2026 summer field program at Malmbjerg is expected to begin in mid-August and conclude before the end of September. The program will involve a team of up to 25 professionals from Greenland, Canada, and Austria, bringing together technical expertise from multiple regions to support the next phase of project development.
Operations will be supported by a specialized vessel from Iceland equipped with a helicopter landing pad, providing accommodation as well as an operations and communications center for the field teams.
The primary objectives of the field program include advancing detailed engineering activities beyond the feasibility stage, preparing for future construction activities, supporting long-term equipment delivery planning, and conducting advanced metallurgical testing focused on magnesium and rare earth element recovery.
Infrastructure Development and Engineering Activities
A major component of the 2026 field program will focus on infrastructure design and technical preparation required for future project execution.
The company will continue detailed design work for essential mine support facilities, including administration buildings, powerhouses, fuel storage areas, maintenance shops, warehouses, and ore and waste rock storage areas. These facilities are critical components of the future mining operation and will support efficient project development and operations.
Engineering work will also continue on the glacier access road system located across the Mellem, Sirrus, and Schuchert glaciers. This route is expected to serve as the primary transportation corridor for moving equipment, materials, and supplies required for project construction and operations.
To support accurate infrastructure planning, Greenland Resources will install survey control stations throughout the project area. These stations will assist engineers in determining precise locations for future mining and infrastructure installations.
Additional technical studies will focus on the proposed Doppelmayr RopeCon system, an innovative transportation solution designed to connect the crushing station with the processing plant. Detailed engineering, geotechnical studies, and geophysical assessments will be carried out by Doppelmayr and other technical consultants.
The proposed RopeCon system includes five transfer stations, 11 towers, and approximately 23 kilometers of specialized continuous conveyor belt infrastructure. The system is expected to play an important role in transporting processed material efficiently across the challenging terrain of the project site.
Advanced Metallurgical Research Program
In addition to infrastructure development, Greenland Resources is continuing its focus on metallurgical opportunities linked to the Malmbjerg project.
Following previously announced reassay results related to magnesium and rare earth elements, the company is conducting chemical and mineralogical characterization studies on composite samples. Flotation testing is also underway to evaluate molybdenum beneficiation and assess the concentration of magnesium and rare earth elements contained within flotation tailings.
The company has also collected approximately 2,000 kilograms of seawater from Greenland to conduct magnesium recovery testing using innovative technologies. These studies are intended to evaluate the potential for recovering magnesium from saline water sources and further advance the company’s research into alternative recovery methods.
As part of the upcoming field program, Greenland Resources plans to collect up to eight tonnes of diamond drill core samples and approximately 14,000 kilograms of seawater and freshwater samples from Greenland. These materials will support an expanded metallurgical testing program, including pilot plant studies.
The planned testing program will evaluate feasibility-level recovery methods for magnesium from both saline and freshwater sources using emerging technologies. It will also examine the recovery potential of magnesium and rare earth elements from diamond drill core material.
Through the combination of engineering advancement, infrastructure preparation, and metallurgical innovation, Greenland Resources continues to move the Malmbjerg project toward future development. The 2026 field program represents a key milestone in preparing the project for potential construction while exploring additional opportunities to maximize the value of its mineral resources.
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