Greenland Minerals and Energy Limited ("GMEL" or "the Company") is pleased to provide an update on the status of environmental and social impact assessments on the Kvanefjeld multi-element project. The Kvanefjeld project, located in south Greenland, is underpinned by one of the world"s most significant multi-element resources of rare earth elements and uranium. In late-2010, GMEL received permitting for the full feasibility evaluation of the Kvanefjeld project.
In early April 2011, as part of the scoping process,
Minerals and Energy (BMP). Prior to the commencement of the studies a comprehensive scoping phase is required to plan and time all constituent work programs. This process involves the engagement of both government and community stakeholder groups, in order to establish an agreed "terms of reference" for the studies.
Feasibility studies to establish the best possible development scenario for a multi-element mining operation to exploit Kvanefjeld"s vast resources are now well advanced. Kvanefjeld is recognised as the world"s largest JORC or NI 43-101 resource of rare earth elements, and also contains extensive uranium and zinc resources (Table 1). In early 2010, a first overview at a viable development scenario was released as an Interim Pre-feasibility report. This highlighted that a multi-element
