# Replacement - Amitsoq Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/replacement-amitsoq-update--87843f27-88f2-4817-99b1-fc5bfb4b9a33

Original source: https://www.londonstockexchange.com/news-article/GROC/replacement-amitsoq-update/17810149

Publisher: lse

Original announcement: 2026-09-29T07:14:17.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T14:53:09.930Z

Atlas analysis updated: 2026-09-29T14:53:09.930Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

GreenRoc corrected its graphite concentrate grade to 95.2% following locked-cycle testing by SGS Lakefield, which also showed &gt;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 \(95.2% grade, &gt;90% recovery\) and advances the project toward bulk testing and PFS via underground survey.

- Positive factor: High graphite concentrate grade \(95.2%\)

- Positive factor: Strong recovery \(&gt;90%\)

- Positive factor: Selection of GTK Mintec for bulk testing

- Positive factor: Successful underground survey

- Negative factor: Correction to previously reported percentage \(92.3% to 95.2%\)

- Negative factor: Drilling delay due to helicopter availability

Facts used in scoring: 1

## Classification and evidence

**High Recovery**

Polarity: positive

Definition: 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 Route**

Polarity: neutral

Definition: 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 Only**

Polarity: negative

Definition: 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-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-amitsoq-update--87843f27-88f2-4817-99b1-fc5bfb4b9a33#fact-metallurgical-facts-0)

Amitsoq · graphite

#### 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 &gt;90% recovery are strong results for graphite flotation.

- Positive factor: High concentrate grade

- Positive factor: 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 Route**

Polarity: neutral

Definition: 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.
