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: Greenland
GreenRoc Mining awards total 600,000 share options to two NEDs
GreenRoc Mining plc has granted 300,000 share options at an exercise price of 10 pence over new ordinary shares to non-executive director (NED) Lars Brünner and independent NED Mark Rachovides. The company said that neither NEDs had previously been awarded share options. For each NED, 225,000 options are vested; 37,500 vest on 28 June 2023; […]
GreenRoc further doubles graphite ore at Amitsoq
GreenRoc Mining plc said that drilling had more than doubled the footprint of the ore deposit at its Amitsoq graphite project in southern Greenland. PHASE II The company, of which Alba Mineral Resources plc holds 54%, completed its Phase II drill on 17 September with 19 holes drilled for 2,844m. “All holes reached target depths […]
Alba losses rise following GreenRoc listing and increased exploration
Alba Mineral Resources plc recorded an increase in losses following the AIM listing of its investee company GreenRoc Mining and increased exploration activities. INTERESTS The company’s interim results for six months ended 31 May 2022 incorporate Alba’s subsidiaries operating in Wales (gold) and Limerick (lead and zinc) as well as investments in Greenland (graphite and […]
GreenRoc appoints Dr Stefan Bernstein as CEO
GreenRoc Mining plc has appointed Dr Stefan Bernstein as chief executive officer and director, with effect from 1 July 2022. Dr Bernstein is a Danish geologist with more than 30 years’ experience in corporate and governmental advisory roles in Greenland’s mining sector. He most recently worked for GEUS, the Danish and Greenlandic Geological Survey, responsible for supporting […]
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 […]