📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $GRML Greenland Mines Seeks 262 km² Expansion of Sarfartoq Rare Earth Project 👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ➤ 𝗚𝗿𝗲𝗲𝗻𝗹𝗮𝗻𝗱 𝗠𝗶𝗻𝗲𝘀 applies for an additional 𝟮𝟲𝟮 𝗸𝗺² exploration license. ➤ Approval would expand Sarfartoq from 𝟭𝟵𝟮 𝗸𝗺² to 𝟰𝟱𝟰 𝗸𝗺². ➤ Expansion targets potential 𝗿𝗮𝗿𝗲 𝗲𝗮𝗿𝘁𝗵 mineralization east of ST1. ➤ ST1 contains 𝟲.𝟵 million tons Indicated at 𝟭.𝟲𝟬% 𝗧𝗥𝗘𝗢. ➤ ST1 also contains 𝟱.𝟯 million tons Inferred at 𝟬.𝟵𝟲% 𝗧𝗥𝗘𝗢. ➤ Initial Assessment estimates a high-case pre-tax NPV of $𝟮.𝟬𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻. ➤ Planned NdPr output equals roughly 𝟯𝟰% of 2025 non-China refining. ➤ 𝗡𝗱𝗣𝗿 represents approximately 𝟴𝟰% of modeled in-concentrate basket value. ➤ Company will advance 𝗦𝗧𝟭 while exploring satellite zones and new targets. ➤ New license remains subject to 𝗚𝗿𝗲𝗲𝗻𝗹𝗮𝗻𝗱 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 approval. 👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: ➤ More than doubles Greenland Mines' prospective footprint around 𝗦𝗮𝗿𝗳𝗮𝗿𝘁𝗼𝗾. ➤ Creates potential for discoveries beyond the existing 𝗦𝗧𝟭 resource. ➤ Expands exposure to 𝗡𝗱𝗣𝗿, critical for high-performance permanent magnets. ➤ Could strengthen long-term non-China 𝗿𝗮𝗿𝗲 𝗲𝗮𝗿𝘁𝗵 supply diversification. ➤ New acreage currently has 𝗻𝗼 𝗱𝗲𝗳𝗶𝗻𝗲𝗱 𝗠𝗶𝗻𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲 and remains exploratory. 👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁: 𝗗𝗿. 𝗕𝗼 𝗠ø𝗹𝗹𝗲𝗿 𝗦𝘁𝗲𝗻𝘀𝗴𝗮𝗮𝗿𝗱, President of Greenland Mines Ltd.: “This application is about building Sarfartoq at district scale. At ST1, we now have a new S-K 1300 Mineral Resource Estimate, an independent Initial Assessment with exceptional High-case economics. We are advancing a defined rare earth neodymium and praseodymium dominated development asset — but we do not believe the opportunity ends at ST1.“Our strategy is straightforward: advance ST1 toward development, unlock the value of the less-developed known ST zones and systematically test the wider district for the next rare earth discovery.”