Kirk Adams of GreenRoc explains the significance in the appointments of contractors for EIA & SIA at TBS

Justin Waite
Vox Markets Podcast
09:48, 4th April 2022

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Kirk Adams CEO of GreenRoc Mining #GROC FOLLOW explains the significance in the appointments of two highly experienced independent consulting firms to undertake an Environmental Impact Assessment and a Social Impact Assessment at its Thule Black Sands Ilmenite Project in north-west Greenland.

GreenRoc Mining plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce that it has appointed two highly experienced independent consulting firms to undertake an Environmental Impact Assessment ('EIA') and a Social Impact Assessment ('SIA') at its Thule Black Sands Ilmenite Project in north-west Greenland ('TBS' or the 'Project').

BioApp Greenland, a Danish/Greenlandic-based contractor and environmental expert with extensive operational experience in Greenland, will be responsible for completing an EIA in compliance with the requirements of the Greenlandic authorities. An EIA is an environmental decision support tool to the authorities who issue licences for mining development projects. The EIA provides information on the possible impacts of mining development projects on the environment and proposes actions to mitigate impacts as far as practicable.

NIRAS A/S ('NIRAS'), a Danish/Greenlandic multi-disciplinary engineering consultancy, has been appointed to undertake the SIA. With extensive expertise and operational experience in Greenland, NIRAS is familiar with the requirements of Greenlandic laws, frameworks and guidelines for the SIA. The objective of the SIA is to ensure that a mining development maximises its benefits and minimises its potential negative impacts on society and local communities.

A JORC resource capable of supporting a mining operation, along with the formal approval of an EIA and an SIA, are the necessary precursors to an application for a Mining Licence in Greenland.  TBS currently benefits from a maiden Mineral Resource of 19Mt with an in-situ ilmenite grade of 8.9% and awaits the assessment by mineral sands experts IHC Mining of the 249-hole follow-up drilling programme undertaken in the summer of 2021.  These three undertakings will be the key building blocks in fast tracking TBS in the mine development process.

About GreenRoc

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, one of the highest-grade graphite deposits in the world with a combined Indicated and Inferred JORC Resource of 8.28 million tonnes (Mt) at an average grade of 19.75% giving a total graphite content of 1.63 Mt

·    Thule Black Sands Ilmenite ('TBS'), which has an initial Mineral Resource of 19Mt@ 43.6% Total Heavy Minerals with an in-situ ilmenite grade of 8.9%

·    Melville Bay Iron, which has a Mineral Resource Estimate of 67Mt at 31.4% iron and has been proven to be processable to a high-grade, 70% concentrate with low impurities

·    Inglefield Multi-Element, which is located in the same region in north-west Greenland as the Thule Black Sands and Melville Bay Iron projects and has the potential to host a range of mineralisation styles, from copper-zinc volcanogenic massive sulphide, porphyry copper and iron oxide-copper-gold deposits.

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