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Greenland Engages Golder Associates to Update EIA and SIA of Malmbjerg Project

Greenland Resources Inc. takes great pleasure in announcing that it has appointed Golder Associates A/S in Denmark, together with Inuplan A/S in Greenland, to update the Environmental Impact Assessment (EIA) and Social Impact Assessment (SIA) for its wholly-owned Malmbjerg Molybdenum project in Greenland.

The EIA work will be headed by Lars Brünner, MSc, Kristian Bloch Grube, PhD, and the SIA by Niels Strufe, BSc, MA. The Company hopes that a significant amount of the earlier broad environmental and social baseline data will be applicable for the submission that intends to receive a new exploitation permit.

The Project is a Climax-type molybdenum mineral deposit situated near tidewater close to Mestersvig airport in central-east Greenland, including pit-constrained Measured and Indicated Resources of 247.1 million tons with 0.180% MoS2, for 587 million pounds of contained molybdenum metal (RPA, 2018).

The Project takes advantage of a 2008 Feasibility Study done by Wardrop (now Tetra Tech), an Environmental and Social Impact Assessment (SRK, 2007), and had an exploitation permit given in 2009.

The EIA will involve baseline studies in wildlife and vegetation and also the gathering of water, sediment, and organism samples for chemical analysis in and around Mestersvig airport, in agreement with the north transport route that improves the south transport route used in the 2008 Feasibility Study.

The monitoring area of the EIA significantly overlaps with the area of the previously producing Blyklippen Lead-Zinc Mine, situated about 22 km from the Project, and takes advantage of data from broad environmental monitoring carried out by the Danish Center for Environment and Energy from 2005 to 2017.

The SIA will consist of scoping documents, monitoring and development plan that will be employed in public consultations and meetings in Nuuk and with the only neighboring settlement in Ittoqqortoormiit, 190 km southeast of the Project.

In addition, the Company desires to announce that Mr Edward A. Kirwan has started working at Greenland Resources as an internal environmental advisor. Edward possesses a degree in Environmental Science from Northern Arizona University and has worked in the mining industry for more than three decades, specializing in environmental and community relations.

Among others, he had senior environmental positions in Tahoe Resources, Silver Standard, Pan American Silver, Coeur d’Alene Mines and was the VP Environmental for Quadra FNX and for KGHM Polska after KGHM obtained Quadra for $2.9 billion, where both companies were the earlier owners of the Malmbjerg Molybdenum project in Greenland.


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