Business
Amitsoq Graphite Update & Post-IPO Site Visit
Amitsoq Graphite Update & Post-IPO Site Visit.
About this update from Greenroc Strategic Materials Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6263O\n GreenRoc Mining PLC\n 11 October 2021\n \n \n \n \n Click on or paste the following link into your website browser to view the associated PDF document (including maps and images):\n \n http://www.rns-pdf.londonstockexchange.com/rns/6263O_1-2021-10-11.pdf\n \n \n \n \n \n GreenRoc Mining plc\n \n \n (\"GreenRoc\" or the \"Company\")\n \n \n \n \n \n Amitsoq Graphite Update\n \n \n Post-IPO Site Visit\n \n \n \n \n \n GreenRoc Mining Plc (AIM: GROC), a company focused on the development of mining projects in Greenland, is pleased to report on the recently completed management site visit by two of its directors to the Amitsoq Graphite Project in Southern Greenland (\"Amitsoq\" or the \"Project\"). \n \n \n \n \n \n Key Points\n \n \n \n \n \n · \n Successful management site visit to GreenRoc's 100% owned Amitsoq Graphite Project, one of the highest-grade graphite projects globally. \n \n \n · \n Drill pad locations were confirmed for the next drilling campaign following completion of maiden drilling programme in August 2021 which confirmed the existence of two significant and laterally continuous graphite horizons.\n \n \n · \n The underground mine workings were inspected at Amitsoq.\n \n \n · \n The sampling locations and the mapped graphite bands were visited at Kalaaq.\n \n \n · \n The drill core samples are currently being processed at the ALS laboratory in Ireland and the Company will share the results in due course.\n \n \n · \n The independent competent person has begun work on updating the current 3D model.\n \n \n · \n Positive meetings were held with the Mayor and leader of the local Kujalleq municipality. \n \n \n · \n Meetings were held with local contractors in Qaqortoq and in Nuuk.\n \n \n · \n Discussions were held with the developers of a hydro-electric plant close to the Project.\n \n \n \n \n \n \n \n \n Kirk Adams, GreenRoc's Chief Executive Officer, commented: \n \n \n \n \n \n \n \"Amitsoq is one of the highest-grade graphite projects globally and GreenRoc is now accelerating its development and attaining valuable resource information, while at the same time initiating the groundwork to support feasibility data. \n \n \n Our site visit also enabled the management team to review the extent of the graphite outcrops ...