80 Mile now expects Greenland drilling in winter 2027

Mining General Mining & Base Metals Written by: Jamie Ashcroft 07:33 Wed 12 Aug 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009, Jamie contributed... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. 80 Mile PLC ( AIM:80M OTCQB:BLLYF ) View Price & Profile 80 Mile now expects Greenland drilling in winter 2027 Published: 07:33 12 Aug 2026 BST 80 Mile PLC (AIM:80M, OTCQB:BLLYF) told investors that drilling at its Jameson Land Basin project in East Greenland will be delayed, with regulators currently guiding towards winter 2027 rather than the previously targeted 2026/27 winter season. The company said the slippage reflects the time required to complete permitting and regulatory approvals and does not represent a change in its plans for Jameson. Its White Flame Energy subsidiary holds the project’s three exploration licences, covering around 8,429 square kilometres. Separately, 80 Mile confirmed it has received a formal warning from the Government of Greenland over equipment landed at Nerlerit Inaat airport. The company said the equipment consisted predominantly of accommodation and camp containers moved from its Dundas titanium project and that storage had been arranged with Greenland Airports A/S. It acknowledged, however, that the storage arrangement required a separate permit from the Mines regulator and said it had given undertakings regarding future logistics movements. Executive director Rod McIllree said 80 Mile remained committed to the project and would begin drilling once the required approvals were secured. Jameson’s planned programme is designed to test several stacked reservoir targets, with a 2025 agreement with March GL providing for two fully funded 3,500-metre drill holes. Continue reading