Site Mobilisation Activities Commence
80 Mile PLC has commenced site mobilisation activities at its Disko-Nuussuaq nickel-copper-cobalt-PGE project in West Greenland, establishing a site-based exploration team and expecting drill rigs and operational support staff by month-end. The 2026 drilling programme has been expanded to 9,000 meters from 5,000 meters, with two diamond drill rigs to be operated. This expansion is in consultation with joint venture partner USFM Corporation, which is committed to spending US$30 million over three years for a 51% stake.
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80 Mile PLC ('80 Mile' or the 'Company'), the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, is pleased to provide an update on recent developments at Disko-Nuussuaq nickel-copper-cobalt-PGE project in West Greenland ("Disko"), and the 2026 drill season.
Highlights
- Mobilisation activities underway at Disko-Nuussuaq
- Site based exploration team established
- Drill rigs and operational support staff scheduled to arrive prior to end of the month
- Drilling programme expanded to 9000m
Program Expansion
The Company will operate two diamond drill rigs at Disko for season 2026 and further advise that in consultation with our joint venture partner, USFM Corporation ("USFM"), who is spending US$30m for 51% over 3 years, that the 2026 drilling programme has been expanded from 5,000m to 9,000m.
We look forward to providing regular updates as drilling progresses.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.