GreenRoc Mining plc announced a “significant increase” to the exploration target for the Amitsoq Island graphite deposit in southern Greenland. ESTIMATES The company’s Amitsoq project hosts one of highest-grade graphite deposits in the world. The initial resource estimate in May 2021 in a tonnage range of 1.7 Mt-4.5 Mt at a grade range of 24-36% […]
Tag: graphite
GreenRoc Mining CEO Kirk Adams steps down
GreenRoc Mining plc’s chief executive Kirk Adams has resigned from the board, effective from 6 May. The company said that he was leaving for personal reasons. Non-executive director Lars Brünner will be the CEO until the company appoints a new long-term successor.
Alba confirms global grade graphite from results at Amitsoq
Alba Mineral Resources plc’s investee announced that drill assay and channel sampling results confirm one of the highest global grades of graphite at Amitsoq, southern Greenland. JORC POTENTIAL GreenRoc Mining plc, in which Alba holds a 54% interest, added that the deposit had greater thickness and consistency than previously thought. The company confirmed high-grade graphite […]
Alba spinout GreenRoc identifies graphite extensions at Kalaaq
Alba Mineral Resources plc said that its portfolio company GreenRoc Mining plc had identified significant graphite extensions at the Kalaaq deposit in Greenland. BUSINESS STRUCTURE The project lies south of Alba’s 100% owned Amitsoq graphite project and is run by GreenRoc in which Alba holds a 54% interest. FIELD PROGRAMME GreenRoc plc said that a […]
Alba intersects significant graphite layers at Amitsoq
Alba Mineral Resources plc said its completed first drilling campaign had intersected “significant” graphite layers at the Amitsoq graphite project in southern Greenland. THICKNESS The company’s subsidiary Obsidian Mining Ltd completed its planned diamond drill programme at the Amitsoq Island deposit, part of the overall Amitsoq project, to establish an initial mineral resource. A total […]
Alba raises £1.3m for Wales and Greenland projects
Alba Mineral Resources has raised £1,300,000, before expenses, through the issue of 472,727,272 new ordinary shares at a price of 0.275 pence per ordinary share. The proceeds were raised at a price four times higher than the price of money raised last month. Funding will now go towards Alba’s diversified portfolio including including surface drilling […]