Business
GROC Update - Progress at Amitsoq Graphite Project
GROC Update - Progress at Amitsoq Graphite Project.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n\nAlba Mineral Resources Plc / EPIC: ALBA / Market: AIM / Sector: Mining\n \nAlba Mineral Resources Plc\n(\"Alba\" or the \"Company\") \n \nGROC Update\n \nProgress at Amitsoq Graphite Project\n \nAlba Mineral Resources Plc (AIM: ALBA) is pleased to note the RNS today by its portfolio company, GreenRoc Mining Plc (\"GreenRoc\") (AIM: GROC), announcing an operational update re its Amitsoq Graphite Project in South Greenland.\n \nThe GreenRoc announcement is set out below without material changes.\n \n \nGreenRoc Mining plc \n(\"GreenRoc\" or the \"Company\")\n \nAmitsoq Operational Update\n \nGreenRoc Mining plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce the following update for its Amitsoq Graphite Project in South Greenland.\n \nHighlights\n \n- Potential off-take customer for Amitsoq has requested graphite concentrate and spheronised graphite samples in order to conduct its own testwork.\n \n- 700kg bulk sample of graphite ore nearing the final stages of separation at process engineering contractors UVR-FIA.\n \n- Environmental Impact Assessment (EIA) and Social Impact Assessment (SIA) work progressing well with both studies remaining on track for delivery in 2024:\no Further ecological fieldwork scheduled for this August.\no Draft SIA Terms of Reference submitted for comment to Greenlandic Ministry of Mineral Resources.\n \n- Preliminary Economic Assessment (PEA), being conducted by SLR, advancing as planned with expected delivery this autumn.\n \n- CEO visit to Amitsoq completed in July to supervise bathymetric survey over possible location for Amitsoq tailings storage facility (TSF).\n \n- Geological Survey of Denmark and Greenland (GEUS) has delivered a detailed study testifying to the uniformity of the Amitsoq ore.\n \nGreenRoc's CEO, Stefan Bernstein, commented:\n \n\"I am happy to report progress on the many fronts needed to advance a project like Amitsoq through the development stages. We believe that the fact that a potential off-taking company has requested material for its own testwork demonstrates that our work on marketing Amitso...