Greenland’s World-Class PGM-Gold Opportunity
Located in Southeast Greenland, the Skaergaard Project is one of the largest undeveloped gold (Au), palladium (Pd), and platinum (Pt) deposits in the world, with a total in-situ resource value of approximately $68 Billion1 at February 2026 metal prices.
Through a new drilling and development program, Greenland Mines Ltd aims to double its resource to ~50 million contained ounces of Au, Pd, and Pt, as well as adding vanadium and gallium to its raw critical metals portfolio.
Greenland Mines Ltd
(NASDAQ: GRML)
- 2022 NI 43-101 Technical Report Mineral Resource Estimate (MRE) cumulative contained ounces of Au, Pd, and Pt at February 2026 metal prices
The Skaergaard Opportunity
World-Class Scale
2022 NI 43-101 Indicated + Inferred 25.4 Moz PdEq and 23.5 Moz AuEq of gold, palladium, and platinum1, with a 2026 total in-situ resource value of $68 Billion2, making Skaergaard one of the largest palladium-gold deposits globally
Tier 1 Emerging Jurisdiction
Located in mining-friendly Greenland with a modern regulatory regime and no third-party royalties. Only 450 km away from Iceland with cheap green energy, large industrial sites, and established processing industry, infrastructure and workforce
Geological Consistency
Stratiform mineralisation across 7 defined horizons with excellent grade continuity and upside at depth
Established Access & Permits
Onsite gravel airstrip (Sødalen), helicopter-supported logistics, and seasonal sea access via Mikis Fjord. Fully permitted for exploration with baseline environmental and metallurgical studies already underway
Ready for Next Stage
$30 Million invested in the Skaergaard Project since the 1990s. New drilling and development program aims to double the resource to ~50 million contained ounces of Au, Pd, and Pt
- 2022 NI 43-101 Technical Report MRE equates to 25.4 Moz PdEq (“Palladium Equivalent”) and 23.5 Moz AuEq (“Gold Equivalent”)
- 2022 NI 43-101 Technical Report MRE cumulative contained ounces of Au, Pd, and Pt at February 2026 metal prices
Strong Market Fundamentals
Skaergaard Resource:
73% from Platinum Group Metals (PGMs)
27% from gold
Skaergaard In-Situ Resource Value:
$68 Billion at February 2026 metal prices
50% from gold | 50% from PGMs
Gold (Au)
$5,100/oz (Feb 2026)
Hedge against inflation and macro/geopolitical uncertainty
Palladium (Pd)
$1,800/oz (Feb 2026)
Crucial for automotive catalytic converters, defense, satellites, and aerospace
Platinum (Pt)
$2,175/oz (Feb 2026)
Rising demand for green hydrogen, automotive applications, defense, and aerospace
