GreenRoc Mining plc has expanded its mineral exploration licence, containing the Amitsoq graphite deposit, from 48km2 to 72.52km2 in just three months from application. PROSPECTIVE The additional area secures access to coastal land opposite the Amitsoq deposit, allowing the use of flat ground for infrastructure including buildings, storage, depot sites and port facilities. The company said […]
Tag: Amitsoq and Kalaaq deposits – Amitsoq graphite project – southern Greenland
GreenRoc Mining raises £470,000 via placing
GreenRoc Mining plc raised £470,000 gross via a placing of 12,368,422 new ordinary shares each of 0.1 pence at 3.8 pence per placing share. Majority shareholder Alba Mineral Resources subscribed for 3,026,316 placing shares and now holds 63,026,317 shares, equivalent to 42.97% of GreenRoc’s issued capital. Following admission, GreenRoc’s total issued share capital will comprise […]
GreenRoc progresses testwork and studies for Amitsoq
GreenRoc Mining plc has progressed work with further interest from its potential off-take partner and the start of several studies for the Amitsoq graphite project in South Greenland. TESTWORK The unnamed potential off-take partner has requested sample material, comprising graphite concentrate, purified graphite concentrate and spherical graphite, to conduct its own verification testwork. Meanwhile other […]
GreenRoc reports 255,000 share purchases
GreenRoc Mining plc reported shares purchases in the company by one of its non-executive directors and its chief executive officer’s spouse. Lars Brünner bought 125,000 shares each at 4.6 pence, equivalent to 0.09% in GreenRoc. Marie Leer Jørgensen, wife of Stefan Bernstein, purchased 130,000 shares each also for 4.6 pence, taking the couple’s total shares […]
GreenRoc awards PEA contract
GreenRoc Mining plc has awarded the contract for a formal preliminary economic assessment (PEA) and established a subsidiary at its Amitsoq graphite project in Greenland. COSTS SLR Consulting Ltd will begin work this month and expects to complete the PEA by September 2023. Chief executive Stefan Bernstein said that the PEA would be the first […]
GreenRoc signs MoU for Amitsoq graphite mine and financing
GreenRoc Mining plc has signed a memorandum of understanding (MoU) to explore civil, mining and/or logistics work and commercial opportunities for the Amitsoq graphite project in southern Greenland. MINE CONSTRUCTION The company signed the MoU with construction and mining group Leonhard Nilsen & Sønner A/S (LNS) which is the potential sub-contractor during the construction and […]