Kirk Adams of GreenRoc Mining: Amitsoq Graphite Project shows layers to be thicker than previously thought

Justin Waite
Vox Markets Podcast
09:34, 3rd December 2021

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Kirk Adams CEO of GreenRoc Mining #GROC FOLLOW talks through the assay results from its Amitsoq Graphite Project that show the graphite layers to be both thicker, and more consistent, than previously thought.

Key Points

· High-grade graphite mineralisation confirmed and increasing true widths observed down dip on both the upper and lower graphite layers, supporting the potential for a sizeable JORC Resource

· Lower Graphite Layer (LGL) returns drill intercepts grading up to 23.01% C(g) and channel samples grading up to 30.35% C(g)

·  Upper Graphite Layer (UGL) returns drill intercepts grading up to 19.83% C(g) and channel samples grading up to 27.40% C(g)

· Significant true width thickness of graphite layers confirmed by drilling, including:

LGL: 15.60 m @ 22.34% C(g) from 93.61 m

LGL: 14.95 m @ 22.82% C(g) from 102.19 m

· Deposit open along strike (predominantly to the north) and down dip, which will be tested in Phase 2 drilling programme

· Significant down-dip extensions and increase in thickness from surface outcrop

· Strike length of LGL intersected from Pads B and E totals 154 m

· Low-grade uranium content poses no problems for future development under new Greenlandic legislation

· Drilling campaign confirms Amitsoq to be one of the highest-grade graphite deposits globally

· These results will be a key element in the mineral resource estimation assessment to be made by the Competent Person in due course.

GreenRoc's Mining Assets

GreenRoc Mining Plc is an AIM-quoted company which is developing mining projects in Greenland in critical, high-demand and high-value minerals.

Led by a group of highly experienced mining industry professionals, GreenRoc has a portfolio of 100% owned projects: Amitsoq Graphite, Thule Black Sands Ilmenite, Melville Bay Iron and Inglefield Multi-Element.

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