GreenRoc owns and operates two high-grade mining projects in the mining-supportive jurisdiction of Greenland: the Amitsoq Graphite Project and the Thule Black Sands Ilmenite Project.
Graphite and ilmenite/titanium, have been designated as critical minerals by the EU and USA. The demand for graphite is forecast to increase by up to 2,500% by 2040 relative to 2020 levels, driven by its use in the fast-growing EV sector.
GreenRoc’s strategy is focused on fast-tracking exploration to significantly add to the inherent value of its assets and move towards development and production.
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News of the 1st blast in c. 40 years at the Clogau St David’s gold mine sends @AlbaMinerals shares ⬆️ more than 10% in early trading. 1H24 Results also confirm the significant operation progress across the other Welsh Gold projects. @CMCMarkets #ALBA #Mining #Investing
Winch at the shaft top ready to be placed on the concrete plinth. One of the remaining few tasks before the first blast at the Llechfraith Target, our primary gold target at the Clogau Gold Mine in north Wales.
#ClogauGoldMine #WelshGold #GOLD
Video update from our Chairman on today’s news as we approach the first blast at the Llechfraith Target, our primary gold target at the Clogau Gold Mine in north Wales.
Today’s announcement can be read here:
https://www.londonstockexchange.com/news-article/ALBA/first-blast-of-llechfraith-target-approaches/16627933
#ClogauGoldMine #WelshGold #Gold
Final preps are ongoing for the blasting of the Llechfraith Target at the Clogau Gold Mine. In the meantime, here are Mark Austin and Kobus Byleveldt inspecting the quartz vein in the Lower Llechfraith workings.
#ClogauGoldMine #Welshgold #gold