Greenland Resources Inc. is pleased to announce some of the results from a new Concept Study conducted by DRA Americas Inc. Canada that was prepared using the independent pit constrained Mineral Resource estimate produced by RPA Inc. of Toronto, press released in November 23, 2018. The Company believes that the new results are very encouraging and will constitute the basis for discussions with selected potential partners [...]
Greenland Resources Inc. is pleased to announce that RPA Inc., of Toronto, Canada, has prepared an independent Mineral Resource estimate of 247.1 million tonnes grading 0.180% MoS2 in Measured and Indicated Resource categories at the Company’s 100% owned, Malmbjerg Molybdenum Project . The Project is a Climax-type molybdenum mineral deposit located close to tidewater in central-east Greenland, with a historic 2008 [...]
July 30, 2018 -- As a follow up to our May 14, 2018 press release, Greenland Resources Inc. is pleased to announce some of the results from the Concept Study conducted by several engineering firms that aimed to improve the Wardrop 2008 Malmbjerg project feasibility study . The Company believes that the results contained in the Concept Study are very encouraging and therefore is now conducting a Preliminary Economic [...]
May 14, 2018 -- Greenland Resources Inc. wishes to announce that it has engaged several engineering firms to investigate four alternatives to the Wardrop 2008 feasibility study , with the aim to improve project economics and reduce the construction timing. The most significant change to the 2008 FS is to construct the ore processing plant and ancillary plant site infrastructure facilities at an overseas shipyard on barges [...]
April 06, 2018 -- This press release is being disseminated as required by National Instrument 62-103 – The Early Warning System and Related Take Over Bids and Insider Reporting Issues, with respect to the filing of early warning reports regarding the acquisition of common shares of Greenland Resources Inc. by Dinero Practico SAPI de CV SOFOM ENR and Reetu Gupta, and related party transactions all with respect to the [...]
March 29, 2018 -- Greenland Resources Inc. is pleased to announce the completion of a non-brokered private placement for aggregate gross proceeds of $2,489,205. This financing completes the earlier financings announced on November 9, 2017. In addition, the Corporation is pleased to provide an update on the Malmbjerg Molybdenum Project. Completion of Financings On November 9, 2017, the Corporation announced the completion [...]
Greenland Resources Inc. is pleased to announce that on December 18, 2017, the Government of Greenland granted the Company exclusive mineral rights for license 2018/11. The license area contains the Malmbjerg molybdenum deposit , a world class Climax-type molybdenum deposit located in east-central Greenland. The Project was last acquired by a Canadian public company in 2007 for $35 million and approximately $38 million [...]
Greenland Resources Inc. is pleased to announce the completion of non-brokered private placements for aggregate gross proceeds of $2.0 million. The proposed financings were announced on October 17, 2017, and consisted of three separate non-brokered private placement financings. First Private Placement The first non-brokered private placement consisted of the sale of 4,666,666 common shares at a price of $0.15 per common [...]
Greenland Resources Inc. is pleased to announce that the Company is offering up to 13,333,333 shares of the Company at a price of $0.15 per Share for gross proceeds of up to $2,000,000 . The net proceeds from the Offering will be used to develop a new project. Further details as well as corporate changes, among others, will be provided in subsequent press releases. About Greenland Resources Inc. Greenland Resources is a [...]
TORONTO, ONTARIO--(Marketwired - Oct 4, 2016) - Greenland Resources Inc. ("Greenland Resources" or the "Company") is pleased to announce that SRK Consulting (Sweden) AB, has provided an independent maiden resource estimate of 95,000 ounces of gold as an inferred resource at the Company's 100% owned, royalty free, Storø Gold Project (the "Project") in Greenland. Resource Estimate Highlights Open pit and underground [...]
Greenland Resources is pleased to announce that as stated in the January 14, 2015 press release, the Phase II in-fill drilling program is set to commence at the Storø Gold Project, Nuuk, Greenland. The main target for the in-fill drilling will be to test the gold distribution of an untested zone within the Main Zone gold mineralization . Ruben Shiffman, Chairman, said, "Storø is a shallow high grade gold project in a [...]
Greenland Resources is pleased to announce that the Company has now received assay results from the first batch of drill core samples. Results demonstrate that the Main Zone mineralization was encountered in all of the initial three holes drilled during the Phase 1 down plunge step-out drilling program. The highlight was seen in drill hole DDH15-03 which intersected 4.11 g/t gold over 14.03 m, from 71.0 m to 85.03 m [...]