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Amitsoq Resource Update

Greenroc Mining published updated resource numbers for its Amitsoq island project in southern Greenland. Following a 2022 diamond drilling campaign, the updated resource almost tripled the maiden estimate, amounting to now 23.05Mt @20.41% Graphitic Carbon, giving a total graphite content of 4.71 Mt. The project now ranks as one of the highest grade deposits globally and remains open along strike (mostly to the north) and down dip to the west. Notably, one-third of the resource can now be classified as Measured and Indicated, thus providing the base to further advance the project.

 

East-West Cross Section showing the two graphite layers and associated resource categories (Source: www.greenrocmining.com)