New 262 km² area creates a contiguous approximately 454 km² project position after evaluation of previous geological work evidenced a potential for further rare earths eastward of the Sarfartoq deposit

District-Scale strategy fast tracks development of ST1’s $2.05 Billion High-Case NPV deposit while systematically unlocking a new rare earths region

Expansion comes days after President Trump’s announcement of a landmark U.S.-Denmark-Greenland Security Agreement that highlights Greenland’s growing strategic importance



 

CHARLOTTE, N.C., Sept. 21, 2026 (GLOBE NEWSWIRE) -- via IBN -- Greenland Mines Ltd (NASDAQ:GRML) ("Greenland Mines" or the "Company"), a Western-aligned critical-minerals developer, today announced that after significant reconnaissance, it has submitted an application to the Government of Greenland for a new license covering approximately 262 km² immediately east of the Company’s existing Sarfartoq license, MEL 2020-32.

This new license will increase Greenland Mines’ control at Sarfartoq from approximately 192 km² to approximately 454 km² — more than doubling the footprint across the known rare earth and carbonatite district.