The GreenRoc mining portfolio is comprised of graphite, ilmenite and iron ore deposits and base metal prospects in Greenland.
Our focus is on developing mines for the production of critical minerals, that is minerals that are considered vital for the economic well-being of the world’s major and emerging economies, but whose supply may be at risk due to geological scarcity, geopolitical issues or other factors.
GreenRoc’s wholly-owned Thule Black Sands (TBS) Project is a heavy mineral sands project located on the Steensby Land peninsular in north-west Greenland.
The Geological Survey of Denmark and Greenland, GEUS, has estimated that 10 billion tonnes of ilmenite exist in the original rock within the entire Thule region, with a further 7 billion tonnes of ilmenite present in the form of placer ilmenite.
An extensive surface drilling campaign in 2018 led to the declaration of a maiden Mineral Resource for Thule Black Sands.
Extensive follow-up drilling was completed in the summer of 2021, with the aim of substantially increasing and upgrading the existing Mineral Resource at TBS.
The Melville Bay Iron Project is located in north-west Greenland within 200 km of seasonally ice-free coastline some 1,500 km north of Nuuk and 130 km south of the nearest major settlement of Qaanaaq.
The Project hosts haematite and magnetite styles of mineralisation across numerous targets. The significant body of work completed to date, including extensive resource drilling and metallurgical test work, has confirmed the presence of significant iron ore deposits at Melville Bay and the ability to produce a saleable high-grade, low-impurity iron ore concentrate.
The Amitsoq Graphite Project is located in the Nanortalik region of southern Greenland and is one of the highest-grade graphite deposits in the world, with a total inferred, indicated and measured JORC Resource of 23.05 million tonnes at an average grade of 20.41% Graphitic Carbon, giving a total graphite content of 4.71 Mt. The Resource contains a lower graphite layer that has a JORC resource of 16.88Mt at a grade of 21.51% with 3.634Mt of contained graphite.
Amitsoq and Kalaaq are two of the highest-graded graphite projects in the world.