GreenRoc Mining plc said it was in the process of defining a graphite province of possible global significance, following confirmation of historic graphite occurrences in four new zones at Amitsoq in Greenland.
FIELD EXPLORATION
Alongside Phase II drilling, the company conducted a field exploration campaign in July.
GreenRoc collected grab samples from across the project area, which the company recently expanded with the mineral exploration licence (MEL)2022-03.
RESULTS
Results show four new zones of interest broadly forming a north-south tract some 30km long.
The zones comprise Nanortalik Island (Sissarissoq), Tusardluarnaq North and Thomsen’s Island, which sit within the southern portion of the new MEL, and Amitsoq Valley Bed, which lies ~7km NE of the established Amitsoq Island deposit.
“On Nanortalik Island, graphitic grades of 23.4% C(g) to 32.5% C(g) have been reported from eight samples over a strike length of ~800m and the graphite bodies remain open along strike to the north and south,” added GreenRoc in a statement.
“At Amitsoq Valley Bed, a new 1km long zone of graphite-bearing rocks with values up to 24.9% C(g) was identified.”
The company said that the results had notably expanded the potential for “multiple significant graphite discoveries outside the primary target zones of the Amitsoq Island and Kalaaq deposits”.
QUALITY
“The distance between Amitsoq Valley Bed and Nanortalik Island is some 30km, and we believe that we are in the process of defining a graphite province which could well be of global significance,” said chief executive Stefan Bernstein.
“With critical global demand for new supplies of graphite, this is an opportune time to be developing a project of Amitsoq’s quality and potential magnitude.”
Following assay results from Phase II drilling, the company will provide a revised and “expected higher category” resource for the project, due in December 2022.
Alba Mineral Resources plc holds a 54% interest in GreenRoc.