http://www.goldletterint.com/documents/pdf/GREENLANDMINERALS_Brea...

http://www.goldletterint.com/documents/pdf/GREENLANDMINERALS_BreakingNews_9Jan2010.pdf

Key take aways:

** Upcoming test work programs in 2010 will be completed prior to finalizing the process flow sheet that will then
be taken through a Definitive Feasibility Study which will provide a clear indication of the Projects potential.

** The Board of GGG will review the interim report before key outcomes of the study are released to the market
later this month.

** The author expects this report to provide a net present value of the Kvanefjeld Project of at least $1
billion.

** The author is targeting AUD2.00 per share.

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