RE: RNS6 Jul 2022 08:06
GreenRoc's CEO, Stefan Bernstein, commented:
"I am delighted to publish my first update to GreenRoc shareholders as the Company's CEO and to join the Company at such a key point in its development.
"We are excited to be kicking off the field season at TBS. After completing extensive drilling campaigns there in previous years, our focus for this field season is on collecting the other datasets which will be essential to the environmental and social impact assessments we have commissioned as part of the process for obtaining an exploitation licence.
"After a long wait, we are also approaching the finalisation of the laboratory testwork and revised resource assessment following last summer's drilling at TBS. We look forward to announcing the outcome on that front as soon as possible, which we are hopeful will lead to an upgraded mineral resource and provide the foundation for feasibility studies.
"Fast tracking TBS and our other flagship project, Amitsoq, towards development status is a key objective for the Company this year. Accordingly, alongside the progress at TBS I am delighted to confirm that our field team has now commenced phase two drilling at Amitsoq. Our objective by the end of this summer is for Amitsoq to join TBS in having had the bulk of exploration activities completed so that we can focus thereafter on completing the regulatory and scoping studies which will enable exploitation licences to be applied for at both assets."