RE: ££1 Jun 2022 09:43
Stefan Bernstein, GreenRoc's new CEO, commented:
"With a highly strategic portfolio of world-class assets in what I know to be one of the most resource-rich and mining-friendly countries in the world, GreenRoc's value is clear. I am excited to join the team as we focus on propelling our project portfolio towards development and further unlocking the inherent value of our key assets, Amitsoq and TBS.
"At Amitsoq, activity will centre on the upcoming Phase 2 drilling campaign at the Amitsoq Island deposit which will build on the maiden resource of 8.28 million tonnes (Mt) at 19.75% Cg. We have great confidence in the potential for achieving a significant upgrade in that resource given our recently expanded Exploration Target of 5-15 Mt at a grade range of 18-22% Cg. Meanwhile, the Environmental and Social Impact Assessment ('ESIA') work programmes have commenced at TBS, the fulfilment of which is a fundamental part of the mining licence application process.
"I join the Company at a very exciting point in its development and am keen to get to work on making GreenRoc one of the next producers of critical minerals."