The 2026 drilling campaign is currently expected to comprise approximately 7,500 meters of helicopter-supported diamond core drilling and is designed to support several parallel technical objectives at Skaergaard, including resource-category advancement, the collection of additional metallurgical material and data for the metallurgical and processing program being carried out by GTK Mintec, and geotechnical characterization to support the evaluation of future open-pit development scenarios.

Greenland Mines believes this integrated drilling approach represents an important step in systematically advancing Skaergaard from a large mineral resource toward a more development-ready project supported by upgraded geological, technical, metallurgical, and engineering datasets.

Experienced Arctic driller and integrated 2026 field program

Nordisk Fundering is an experienced Scandinavian drilling contractor with relevant Arctic and Greenland operating experience and a leadership team with decades of experience working in Greenland under remote and demanding northern conditions. The Company also views Nordisk Fundering's geotechnical drilling background as especially valuable for the current Skaergaard campaign, as a significant portion of the planned drilling is expected to contribute directly to geotechnical and rock-mass characterization in support of future mine planning and potential pit-wall design assumptions.

As currently planned, the field program will operate with three helicopter-portable drill rigs on site, adapted for diamond exploration drilling in the rugged terrain and capable of operating on rock and selected ice‑covered sites within the Skaergaard license area. Greenland Mines has also contracted helicopter support for the campaign and previously secured the icebreaker and accommodation base camp vessel with helicopter platform for the 2026 field season, further strengthening the logistics platform for efficient execution of the program.

The drilling campaign is expected to include a mix of HQ and NQ core drilling in vertical and angled holes, with certain holes targeting areas relevant for future resource conversion work and others focused on gathering the geotechnical and metallurgical information required for mine planning, open-pit evaluation, and support of the larger surface bulk-sample program planned as part of the 2026 season. In parallel with the drill campaign, Greenland Mines is advancing a broader metallurgical and processing workstream at Skaergaard with GTK Mintec, including flowsheet development and test work intended to strengthen the basis for future economic studies.