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GreenRoc Mining PLC - miner focused mineral projects in Greenland - Increases exploration target at the Kalaaq prospect of the Amitsoq graphite project in southern Greenland to a tonnage range of 6 million tonnes to 10 million tonnes at a grade range of 17% to 33% graphitic carbon. This is up from the previous target of 4 million tonnes to 7 million tonnes at a grade range of 23% to 29% graphitic carbon. Explains that results confirm a ‘significant resource potential’ of the yet undrilled deposit. Says drilling will start at Amitsoq Island later this month and target a resource expansion to support a feasibility study. Drilling at Kalaaq will start next year.
Current stock price: 6.40 pence
12-month change: down 35%
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