Greenland Resources Inc N.MOLY

Alternate Symbol(s): GRLRF

Metals & Mining Industrial Metals & Minerals

Greenland Resources Inc. is a Canadian resource company, focused on the development of its 100% owned Climax type primary molybdenum deposit located in central east Greenland. The project also contains copper and magnesium. The project is an open pit operation with an environmentally friendly mine design focused on reduced water usage, low aquatic disturbance and low footprint due to modularized infrastructure. License 2018/11 covers an 82 square kilometer area north of Scoresby Sund in eastern Greenland that includes the Malmbjerg molybdenum deposit. The Proven and Probable Reserves are 245 million tons at 0.176% MoS2, for 571 million pounds of contained molybdenum metal.

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Greenland Resources Inc > What good is another moly deposit?

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Comment by ismandon Dec 25, 2021 4:08am

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RE:What good is another moly deposit?

No moly produced nor moly reserves in EU while EU second largest user of moly in the world to feed their steel industry that represents/0% or eU US17 trillion GDP. Greenland part of DK and associate member EU, deposit can supply 25% aprox of EU need for their Green Deal with clean moly form responsible source to EU.

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