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Stefan Bernstein CEO GreenRoc Mining discusses the results from a field exploration campaign that show the graphite deposits within their licence areas to be extensive.
Key Points
· Historic graphite occurrences have been confirmed in four new zones of interest, broadly forming a north-south tract some 30km long.
· The four zones comprise Nanortalik Island, Tusardluarnaq North and Thomsen's Island, which sit within the southern portion of the newly acquired MEL, and Amitsoq Valley Bed, which lies ~7km NE of the established Amitsoq Island deposit.
· On Nanortalik Island, graphitic grades of 23.4% C(g) to 32.5% C(g) have been reported from eight samples over a strike length of ~800m and the graphite bodies remain open along strike to the north and south.
· At Amitsoq Valley Bed, a new 1km long zone of graphite-bearing rocks with values up to 24.9% C(g) was identified.
· These results have significantly expanded the potential for multiple significant graphite discoveries outside the primary target zones of the Amitsoq Island and Kalaaq Deposits.