Greenland Resources Joins Sweden Luleå University of Technology in Robotic Mining Project and Receives EU Grant
Greenland Resources Inc. (TSX:MOLY, FSE:M0LY) is pleased to announce that it has entered into an agreement with the Luleå Tekniska Universitet (LTU) of Sweden and twelve other participants to join the BOREAS project that aims to develop autonomous robotic systems, which can be utilized to support certain areas of the development of the Malmbjerg project in Greenland. Pursuant to the agreement Greenland Resources A/S will receive a non-repayable EU grant of €489,125 (C$800 thousand) from Horizon Europe to conduct certain applied research and implementation work over a four-year period. The aggregate grant of the BOREAS Project for all participants is €7,104 660.
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The BOREAS project (Beyond Outreach: Robotised Exploration and Mining in the Arctic Subsurface) was proposed by LTU and funded by Horizon Europe Cluster 4 project. The project will deploy fleets of autonomous aerial and ground equipment as robots or add robotic control and capabilities to existing operating equipment with advanced sensors that could be used for various applications in the Malmbjerg project. For example, these robots can potentially undertake mapping and monitor open pit mining activities during dark and inclement winter operations to assist the Company with the geotechnical components of mining operations, such as remote monitoring of potential geohazards and identification of specific geological zones. When the geological zones are identified, they can be selectively targeted for specialized treatment and recovery of byproduct metals (Mg). All data will feed into a real-time digital twin, a virtual model of the mine that predicts enhanced metal recoveries and treatment of contamination by optimizing block models and waste rock management in real time. These enhanced data and information systems will guide operations and promote increased recoveries of the mineral resource as well as environmental compliance. Further details on the project can be found in the BOREAS website (www.boreas-mining.eu/project).