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 Inglefield Multi-Element Project is located in north-west Greenland. Building on significant historic work by the Geological Survey of Denmark and Greenland, GEUS, and previous exploration companies, Work has confirmed the potential for the discovery of IOCG (iron ore-copper-gold) style deposits at Inglefield.
The Amitsoq Graphite Project is located in the Nanortalik region of southern Greenland, within GreenRoc’s wholly-owned Mineral Exploration Licence (“MEL”) 2013/06. Successive field seasons at Amitsoq have confirmed the presence of two high-grade flake graphite deposits on Amitsoq Island and at the new Kalaaq mainland discovery. With average grades of 28.7 and 25.6% TGC content respectively, Amitsoq and Kalaaq are two of the highest-graded graphite projects in the world.
A summer 2021 drill programme targeting a maiden Mineral Resource at Amitsoq has been completed. Following the assaying of the drill core, the independent Competent Person will make an assessment of the Mineral Resources.