Amaroq Minerals has announced further high-grade underground drilling results from its ongoing resource definition and production support drilling programme at the Nalunaq Gold Mine in Greenland. The results confirm the high-grade nature and continuity of the Main Vein, with 16 out of 37 holes exceeding the average resource grade of 30 g/t Au and 30% above 60 g/t Au. Highlights include 132.5 g/t Au over 0.5 m and 113.5 g/t Au over 0.60 m. The drilling strategy aims to maintain a rolling 12-24 month production inventory ahead of mining, increasing confidence in planned stopes and de-risking the ~2Moz Au exploration target. Future drilling will target untested areas of the Main Vein from the planned 810 Exploration Drive.
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High-grade underground intersections, including 132.5 g/t Au over 0.5 m, confirming confidence in near and medium-term production– Amaroq , an independent mine development company focused on unlocking Greenland’s mineral potential, is pleased to announce further high-grade underground drilling results from the ongoing resource definition and production support drilling programme at the Nalunaq Gold Mine in southern Greenland. The results continue to confirm the high-grade nature of the Nalunaq Main Vein, within the Mountain Block and further reinforces Amaroq’s confidence in the near- and medium-term production profile at Nalunaq, as well as de-risking the ~2Moz Au exploration target.
Underground drilling results continue to confirm the exceptional high-grade nature and continuity of the Main Vein, within the Mountain Block at Nalunaq at an average of 42.8 g/t of Au. 16 out of 37 holes with assays gave results above 30 g/t Au and 30% of holes were above 60 g/t Au including:113.5 g/t Au over 0.60 metres The Company’s underground drilling strategy is designed to maintain a rolling 12–24 month production inventory drilled ahead of mining, supporting production planning and operational flexibility.and 773 Levels, targeted 27 and 10 planned stopes respectively. Drilling from the 500 Level tested an area between faulted geological domains, where definitive stopes have not yet been designed.
Results reported in this release are from after the data cut-off date for the forthcoming MRE5 and therefore provide additional upside for future Mineral Resource updates. Surface channel sampling is underway between Levels 804 and 996, targeting both the Main Vein and 75 Vein, with numerous samples displaying significant visible gold.
Next phase of underground drilling will target previously untested areas of the Main Vein from the planned 810 Exploration Drive.
“I am very pleased to announce these latest underground drilling results, which continue to demonstrate the exceptional grade and continuity of the Main Vein at Nalunaq and provide further confirmation of the geological model and confidence in the mine plan. Our underground drilling strategy has evolved beyond traditional resource drilling and is now a core part of our mining operation to maintain near term production, drilled ahead of mining, to reduce geological uncertainty and support consistent production of gold as Nalunaq continues to ramp up.
We will now move to drill the untested areas of the Main Vein, looking to unlock elements of the ~2m oz identified upside potential within Nalunaq, and I look forward to bringing the results of this and the ongoing surface samples as the year progresses.
“Every hole we drill at Nalunaq gives us more insight and confidence as to the quality and extent of the resource base at this exceptional asset. ”Nalunaq is a high-grade underground gold mine where mining confidence is progressively increased through a systematic programme of underground drilling undertaken ahead of planned production. The Company considers this approach fundamental to operating a high-grade narrow-vein mine.
Rather than relying solely on historical resource drilling, geological confidence is continually enhanced through underground drilling, face mapping, channel sampling, mine development and ongoing production reconciliation. This integrated approach allows Amaroq to continually refine its understanding of the deposit while simultaneously improving confidence in the location, geometry and grade of planned stopes. Drilling on the 802 and 773 Levels was designed to increase confidence in 27 and 10 planned stopes respectively ahead of mining.
Drilling on the 500 Level tested the geological model between interpreted faulted domains where definitive stopes have not yet been designed. Additional results from this programme will further refine the geological interpretation and future results will be reported once assays have been received. https://wp-amaroq-minerals-2024.s3.eu-west-2.amazonaws.com/media/2026/07/RNS_image_REVISED_600dpi.tiff Following completion of the current programme, Amaroq intends to relocate underground drilling to the 810 Level, where drilling will initially focus on increasing geological confidence within the western stopes of the near-term mine plan.
As mining and development progress, the programme will transition into systematic resource growth drilling from the planned 810 Exploration Drift. This new exploration drive will provide underground access to largely untested portions of the Main Vein, that have historically been difficult to evaluate from surface drilling alone, due to the geometry of the deposit and limited drilling angles.
By drilling from underground into these previously inaccessible areas, Amaroq expects to significantly improve geological understanding, while testing for extensions of the high-grade Main Vein immediately adjacent to existing mine infrastructure. The Company believes this represents one of the most prospective opportunities for near-mine resource growth at Nalunaq, with the potential to unlock substantial additional mineralisation as development advances into previously unexplored ground.
Alongside underground drilling, Amaroq is undertaking a programme of mountaineering-supported channel sampling across the upper portions of the Nalunaq mine. Sampling is being undertaken between approximately Level 804 and Level 996, targeting both the Main Vein and the 75 Vein , which becomes increasingly exposed towards the upper parts of the mine. The programme is designed to supplement underground drilling with closely spaced geological observations and assay information from areas that are difficult to investigate using conventional drilling techniques.
Although assays remain pending, the Company is encouraged by the presence of significant visible gold observed in a number of channel samples. Analytical results will be reported once available. Amaroq intends to release the updated Mineral Resource Estimate shortly. The underground drilling results reported in this announcement fall after the data cut-off date used for MRE5 and therefore represent additional upside beyond the forthcoming resource update.
The timing of MRE5 has been deliberately aligned with the Company’s planned London Stock Exchange Main Market uplisting and the incorporation of production reconciliation data generated during Nalunaq’s operational ramp-up. All drill core samples reported in this release were prepared and analysed by ALS Geochemistry’s onsite laboratory at the Nalunaq Gold Mine using Aqua Regia digestion with Atomic Absorption Spectrometry .
To provide ongoing analytical verification, the majority of mineralised intervals have also been submitted to ALS Geochemistry Laboratories, Loughrea, Ireland, for conventional Fire Assay. The analytical method used is Au-AA26 , and in some instances due to its higher upper limit of detection, Au-GRA22 . Screen Fire Assays are also used where appropriate.
At the date of this announcement, several reported mineralised intersections are supported by Aqua Regia assay results only, with independent Fire Assay verification still in progress. The Company considers the onsite Aqua Regia laboratory to provide reliable operational assay data, while the external Fire Assay programme forms part of Amaroq’s routine quality assurance and verification procedures. Amaroq’s QA/QC programme includes the systematic insertion of certified reference materials, blanks and duplicate samples throughout the sampling sequence.
ALS Geochemistry also inserts laboratory standards and blanks as part of its own internal quality control procedures. No material QA/QC issues have been identified in relation to the results reported herein. The technical information contained in this announcement has been reviewed and approved by James Gilbertson CGeol, VP Exploration for Amaroq Minerals Ltd., a Chartered Geologist of the Geological Society of London and a Qualified Person as defined under NI 43-101.
The Mineral Resource information included within this announcement is reported in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves dated 10 May 2014, as required by National Instrument 43-101. Amaroq’s principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The Company’s principal asset is a 100% interest in the Nalunaq Gold mine.
The Company has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals. Amaroq is continued under the Business Corporations Act and wholly owns Nalunaq A/S, incorporated under the Greenland Companies Act.
Amaroq Minerals Nalunaq Gold Mine High-Grade Drilling Underground Drilling Greenland Gold Mine
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