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[BUSINESS] · Greenland · 2 sources

Amaroq Reports High-Grade Drilling Results at Greenland's Nalunaq Gold Mine

Amaroq Ltd. announced further high‑grade underground drilling results from the Nalunaq gold mine in southern Greenland. The program confirmed an average grade of 42.8 g/t Au across the Main Vein, with 16 of 37 assay‑tested holes exceeding 30 g/t and 30% of holes above 60 g/t. Notable intersections included 132.5 g/t Au over 0.5 m (hole NAL‑UG‑2601) and 132.0 g/t Au over 0.5 m (hole NAL‑UG‑2640). The company’s drilling strategy aims to maintain a 12‑ to 24‑month production inventory ahead of mining, reducing geological uncertainty as Nalunaq ramps up. Surface channel sampling between levels 804 and 996 is ongoing, targeting the Main and 75 veins. VP Exploration James Gilbertson said the results “demonstrate the exceptional grade and continuity of the Main Vein and provide further confidence in the geological model and mine plan.”

Sources

23 days ago