Greenland Minerals Reports Initial Resource Estimate

Greenland Minerals and Energy Limited(OTCQX:GDLNF, ASX:GG) announced an initial 242 million tonne resource estimate. The resource estimate is for the Company’s multi-element Zone 2 deposit.

Highlights include:

• Zone 2 inferred mineral resource of 242 Million tonnes (Mt)* @ 304 ppm U3O8, 1.1 % total rare earth oxide (TREO)**, 0.26% zinc
• Zone 2 contained metal inventory of 162 Mlbs U3O8, 2.67 Mt TREO *
• Global metal inventory* now 512 Mlbs U3O8 (increase of 46%) and 9.2 Mt TREO (increase of 39%); 1.98 Mt zinc

Click here to read the Greenland Minerals and Energy Limited (ASX:GGG) press release