• Investor Lounge

    Welcome to the NR Investor Lounge. Given the number of mining opportunities that NR Private Market reviews, we thought it beneficial to our investor base and mining news subscribers to offer further insight into some of the companies that have passed our proprietary vetting process.

Greenroc Mining plc

Objective

Objective to be a key supplier of critical, high-demand, high-value minerals to fast-growing  end markets, benefiting from long-term structural drivers such as the energy transition.

GreenRoc Mining Plc is looking to acquire Alba Mineral Resources’ Greenland mining portfolio and to carry out a simultaneous capital raise in conjunction with its Admission to AIM.

Expressions of investment interest are welcome from Professional Investors. Please contact MINEXIA for further details here: I’D LIKE TO KNOW MORE

MINEXIA’s role is limited to making introductions and interested parties should be aware that the value of your investment can go down as well as up and past performance is not a guide to future capital growth or rates of returns. Your Capital is at risk. NR Private Market is not targeted at Retail Investors, and Retail Investors are not permitted to sign-up. This offer is open to Professional Investors only and is not offered to Retail Investors.

Highlights

Portfolio of high-grade projects in mining-supportive Greenland
  • Amitsoq: average graphite grades of 28.7% TGC among highest in world
  • Thule Black Sands: high-grade in situ ilmenite of 8.9%
  • Melville: iron ore proven to be processable to a high-grade 70% concentrate
Positioned for significant growth at Graphite and Ilmenite projects
  • Summer 2021 drill programmes targeting substantial increase in existing JORC Mineral Resource at Thule and maiden Mineral Resource at Amitsoq
  • 12 month target to have Amitoq and / or Thule established as development projects
Market opportunity: Graphite and Titanium (primary ore: ilmenite) designated by the EU and USA as critical minerals
  • Graphite demand forecast to rise 2,500% by 2040 due to EV sector
  • Ilmenite prices at multi-year year highs due to rising industrial demand in Asia and a shortage of ilmenite feedstock
Experienced, senior management team with complementary skillset
  • AIM Admission in August 2021 to support near-term high growth strategy

Projects

Amitsoq Graphite

An Exceptionally High-Grade Flake Graphite Project in Southern Greenland

  • Located in Nanortalik region of southern  Greenland.
  • Some of the world’s highest average graphite grades: Amitsoq 28.7% C, Kalaaq 25.6%.
  • Amitsoq: previously operating mine with  graphite beds traced over ~1 km.
  • Kalaaq: graphite deposits discovered in  2017 field work within area of 1.2 km  along strike.
  • Amitsoq graphite can deliver both:
    • High-grade, 97% carbon (C) concentrate, with 98% C likely achievable by flotation for some fractions.
    • Battery-grade high purity  graphite (99.97% C) (“HPSG”) for LIBs – the fastest growing market for flake graphite.
  • ~15 hole, 1700m drilling programme commenced June 2021
  • Amitsoq island Exploration Target (“ET”)*: 1.7-4.5 Mt grading between 24-36% C
  • Kalaaq ET*: 4.0-7.0 Mt grading between 23-39% C

* The potential quantity and grade of the ET is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in estimation of a Mineral Resource.

Thule Black Sands

High-Grade Ilmenite on the Coastline of North-West Greenland

  • High-grade ilmenite mineral  sands located on shoreline  on Steensby Land  peninsular, NW Greenland.
  • Extensively drilled (but only  to 1m depth), with 10km of  mineralised strike length.
  • JORC Resource: 19MT@  43.6% THM, in-situ ilmenite  grade 8.9% with 1.7 MT of  contained Ilmenite.
  • MEL 2017/29 valid till  31/12/23 with right to apply  for renewals thereafter.
  • Same coastline as Bluejay’s Dundas Project, similar grades & quality.
  • Phase 2 Drilling commenced July 2021.
  • 125 holes being drilled to a maximum of 8 m depth for estimated total of 1000 m.
  • Exploration Target (“ET”)* declared of 70-300 Mt at in-situ ilmenite grade of 6-11%.

* The potential quantity and grade of the ET is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in estimation of a Mineral Resource.

 

Melville Bay Iron

An Iron Ore Project with a Significant Defined Mineral Resources and High-Grade DSO Potential.

  • Located in N-W, 130 km south of Qaanaaq.
  • MEL 2017/41 valid until 31/12/23 (right to renew thereafter).
  • Licence comprises three sub-areas: Havik East, Haematite Nunatak and De Dodes West.
  • JORC Inferred Resource of 63 Million Tonnes @ 31.4% Fe.
  • Significant potential to increase Resource at Melville Bay through drilling.
  • Exploration Target (“ET”)* of 200-400 Mt at 25-37% Fe.
  • High-grade magnetite concentrate can be produced, grading 70% Fe with low impurities.
  • Several surface samples grading >60% Fe and high-grade drill intercepts (e.g. 0.5m at +60% Fe at Haematite Nunatak target).

* The potential quantity and grade of the ET is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in estimation of a Mineral Resource.

Inglefield Multi-Element

Prospective for a Wide Range of High-Value Minerals Including Copper, Gold, Cobalt and Nickel.

  • NW Greenland, MEL 2018/25 (88km²) valid until 31 December 2024 (right to renew thereafter).
  • Extensive historic exploration confirms cobalt, copper, gold, vanadium and nickel.
  • 2018 fieldwork confirmed Cu-Au-Ag-Mo mineralisation over 500m zone.
  • 2019 geophysics review confirms prospectivity of Four Finger target for IOCG-style deposit
  • Correlation with 70km long North Inglefield Land Gold Belt.

Management

  • Kirk Adams - Chief Executive Officer

    Mining Engineer and MBA, 35 years’ industry experience  across the world. Previously  CEO of Cons Murch Antimony  & Gold Mine in South Africa,  many years operational  experience from miner to  manager.