Conico Ltd. has increased the size of its Mestersvig License owing to the success of field activities and associated research conducted in 2020. Existing licence MEL 2020/64 has been increased by 15km and a new application for an adjacent licence covering 1,183km has progressed for Ministerial approval. Upon grant of the new application, Conico will become the second license holder in Greenland behind Anglo American plc. The rationale behind the enlargement was to include the Werner Bjerge Complex (WBC), a series of igneous felsic, mafic and ultramafic intrusions within a diameter of 17km, that are the likely source of mineralizing fluids for vein-hosted lead-zinc-silver-copper sulphides. Additionally, strata-bound (hosted in a laterally continuous sedimentary horizon) mineralization containing lead-zinc-copper- barium is also associated with the WBC and is present over an area of 225km in the enlarged licence package. Primary sulphide mineralisation has been identified within the WBC which hosts the Malmbjerg molybdenum deposit, however the balance of the complex remains underexplored and is an obvious target for Rare Earth Elements (REE), with the REE-bearing mineral xenotime having been located within the WBC by a previous explorer. Also, the Geological Survey of Denmark and Greenland (GEUS) has identified the sediment-hosted copper potential of the Project area, particularly in black shales and red bed formations that were both witnessed in the enlarged licence area by Conico personnel in 2020.