Mineral Commodities Ltd. through its 90% owned subsidiary, Skaland Graphite AS announce it has entered into a landowner agreement to explore the Hesten and Vardfjellet graphite prospects, located on the island of Senja, Norway. The prospects are situated about 4km west of the Bukken exploration prospect, for which Skaland was granted exploration rights in mid 2020, and are approximately 15km southeast of MRC's existing Skaland Graphite Mining Operation. Skaland is the highest grade flake graphite operation in the world and largest producing graphite mine in Europe. The agreements provide MRC with exclusive exploration rights for up to six years over an area of 6.9km2. The graphite mineralisation is hosted by early proterozoic schists and gneisses of the Western Troms Basement Complex. Graphite mineralisation occurs as strongly folded bands of enriched graphitic schist/gneiss within a host of non-graphitic schist/gneiss. The Hesten and Vardfjellet prospects are located along a NW-SE structure 2.5km apart. The graphite schist on the surface consists of several apparently isolated lenses that are isoclinally folded and refolded. The geology and mineralogy of the graphite bearing rock is similar to that observed at the Skaland Graphite Operation. The graphite mineralisation has been mapped over 1600m x 150m with several graphite zones in Hesten. Outcrops are better exposed at Vardfjellet, with graphitic schist found outcropping over an area of 1700m x 350m. Geophysical measurements indicate the individual lenses to be electrically connected, restricting the possibility to map the individual size of the graphite lenses. Due to this high electrical conductivity, drilling is necessary to better understand the geometry, grades and tonnage of any mineralisation. Surface mapping has indicated a few individual graphite lenses that can be followed outcropping continuously for up to 100 metres. The Company intends to commence an exploration program in the June quarter 2021, comprising further ground-based geological mapping and sampling to determine higher grade locations to target drilling. The individual graphite structures appear to be thicker at depth than indicated at the surface based on ground electromagnetic data.