GRD signs on for Greenland mining project

GRD will immediately start updating the scoping study and will work with Platina to prepare a detailed project development program.The Skaergaard project is at prefeasibility study stage and has an inferred resource of 29.6 million ounces of palladium, 10.26 million ounces of gold and 1.95Moz of platinum.Platina executive chairman Robert W Mosig said the agreement was a milestone in the development of the project and GRD was chosen for its experience in Greenland.“This agreement is in line with our previously stated aim of advancing our focus at Skaergaard to metallurgical testing and further prefeasibility work,” he said.

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