GreenRoc Mining said it has received approval from the Greenland government to expand its mineral exploration area containing the Amitsoq graphite deposit.

The Greenland-focused minerals company said the additional area has high-grade graphite deposits, similar to those it is targeting at Amitsoq.

GreenRoc Mining said Amitsoq is one of the highest-grade graphite projects in the world.

“We are pleased to have been successful in enlarging this mineral exploration license as it secures access to an area that will become important when we develop infrastructure around the mining operation at Amitsoq,” Chief Executive Stefan Bernstein said.

Source: Market Watch