Replacement - Amitsoq Update

Original announcement by lse on

Company
GreenRoc Strategic Materials Plc
Ticker
GROC
Exchange
LSE
Region
Greenland
Primary commodity
Graphite
Secondary commodities
None reported
Document categories
Metallurgy, Other
Extracted
2026-09-29 14:53:10 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

GreenRoc corrected its graphite concentrate grade to 95.2% following locked-cycle testing by SGS Lakefield, which also showed >90% recovery. The company has selected GTK Mintec to process a 20-tonne bulk sample and has completed an underground survey of the Amitsoq mine to support a future Pre-Feasibility Study.

Reasoning: The announcement provides corrected, high-quality metallurgical results (95.2% grade, >90% recovery) and advances the project toward bulk testing and PFS via underground survey.

Positive factors

  • High graphite concentrate grade (95.2%)
  • Strong recovery (>90%)
  • Selection of GTK Mintec for bulk testing
  • Successful underground survey

Negative factors

  • Correction to previously reported percentage (92.3% to 95.2%)
  • Drilling delay due to helicopter availability

Facts used in scoring: 1

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Graphite recovery of more than 90% is reported.

Evidence · text

“overall recovery of more than 90%”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The test work involved crushing, grinding, and flotation.

Evidence · text

“series of grinding and flotation tests began in April 2026”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Metallurgical Results (1)

locked-cycleAmitsoq · graphiteRecovery: 90 %Head Grade: 22.3Head Grade Unit: wt.%View all details
Link to this fact

Identity

Project
Amitsoq
Commodity
graphite
Region
greenland
Reported Region
Greenland
Ticker
GROC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
300 kg subsample from 20-tonne bulk sample

Recovery

Recovery
90 %
Recovery Basis
actual_test
Head Grade
22.3
Head Grade Unit
wt.%
Conc. Grade
95.2
Conc. Grade Unit
wt.%

Reagents

Reagent Notes
The test work included crushing to a particle size of less than 3.35 mm and a series of grinding and flotation tests.

Lab

Laboratory
SGS Lakefield

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: 95.2% grade and >90% recovery are strong results for graphite flotation.

Positive factors

  • High concentrate grade
  • Strong recovery

Evidence · text

“locked-cycle test yielded a concentrate grading 95.2% graphite, with an overall recovery of more than 90%”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.