Greenland Minerals Ltd. updated on continued optimisation of the Kvanefjeld Project. Technical optimisation of Kvanefjeld is part of an on-going program of co-operation with leading rare earth company and major shareholder Shenghe Resources Holding Co Ltd. (Shenghe). This strategy sees the integration of Chinese rare earth processing technology with one the world's most significant rare earth projects, with the aim of developing a simpler, lower cost rare earth value chain. The next phase has involved transferring the development work to Australia, overseen by technical teams from each of Chinese laboratories. Based on results, the preferred of the two new methodologies will then be selected for pilot plant operation. This significant increase in mineral concentrate grade with a reduced mass of solids will result in substantial reductions in the size of equipment leading to lower capital and operating costs of the processing plant (atmospheric leach) circuit. Planning and design for pilot plant operations in Perth is underway. The results from the Perth based test work using the methods devised by the Chinese Technical Institutes of IMUMR and BTMR will be assessed with the most suitable method and reagent scheme to be selected for use in the pilot plant work. The Company is in discussions with a number of Perth laboratories to perform this flotation pilot plant. A flowsheet for the pilot plant is being developed and is designed to be applied in Greenlandic conditions. The use of high temperature high intensity conditioning is not required for the flotation reagents that are currently under evaluation. The highly selective nature of the Chinese reagent schemes has allowed for improved flotation performance without intense conditioning that had been required for the previous reagent scheme assumed for the 2016 Feasibility Study. A 5-tonne sample of ore has been prepared and is currently being shipped to Perth. This ore material is from a bulk sample that was crushed and blended by GTK of Finland in 2014 as part of pilot plant operations for the EURARE program. The metallurgical performance of this sample is well known as it has been extensively tested. This include mineralogical liberation studies. The sample is on schedule to arrive in Perth in late July 2018.