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Line a baking sheet with parchment paper and set aside.
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Add the shredded coconut, 1/4 cup of coconut oil, maple syrup, and peppermint oil to the food processor. Blend until wet and combined.
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Use your hands to squeeze and form into balls. Place the coconut balls onto the lined baking sheet. Put in the freezer for 20 minutes.
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In a small bowl, mix the carob with the coconut milk. Then blend in the honey and the melted coconut oil. Add the coconut oil in one Tbsp. at a time, making sure its fully mixed before adding the next Tbsp.
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Remove the coconut balls from the freezer and dip the bottom of the balls into the chocolate. Place the balls back on the lined baking sheet.
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Drizzle the remaining chocolate over the top of the coconut balls if desired.
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Place the baking sheet back in the freezer for another 15-20 minutes to set.
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Store in the fridge for up to 2 weeks, or in the freezer for up to 3 months. If storing in the fridge, thaw for 5 minutes before serving.