RE: RNS11 Oct 2022 08:04
GreenRoc's CEO, Stefan Bernstein, commented:
"The results of sampling from new and historic finds show the graphite deposits within our licence areas to be extensive. We now have identified high-grade graphite ore bodies, with grades in excess of 20% C(g), across our Project, starting at Amitsoq Valley Bed in the north, running through Amitsoq Island and Kalaaq, and extending as far south as Nanortalik Island, with several lower grade graphite mineralisations in between. 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.
"These are exciting times at GreenRoc, as we are awaiting the assay results from our Phase 2 drilling at Amitsoq Island, following which there will be an updated and expected higher category resource for the Project, which should be ready in a couple of months' time. 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."