Greenland Mines reports 31% increase in Indicated PdEq ounces at Skaergaard; grade up 36%

Greenland Mines Ltd

Indicated PdEq ounces increased 31% to 15.00 Moz (grade +36% to 3.04 g/t) vs 2022 baseline.
Inferred PdEq ounces increased 24% to 17.49 Moz (grade +44% to 3.07 g/t).
First S-K 1300 compliant Technical Report Summary for Skaergaard; establishes U.S. regulatory foundation.
Company plans to advance to an Initial Assessment (S-K 1300 equivalent of PEA) evaluating open-pit and underground scenarios.
Updated MRE uses gold at $3,500/oz, improved block model; tonnage slightly reduced but higher grade.

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