Amaroq Completes Nanoq Drilling, Reports High Gold Recovery Rates…

Event summary

Amaroq completed 4,728.9 meters of drilling across 33 holes at Nanoq Gold Project, with 88% of holes intersecting visible mineralization.
Metallurgical test work by SGS Lakefield showed 97–99% gold recovery using Nalunaq's existing processing flowsheet.
Infrastructure development has begun, including a beach landing facility and access track to support future operations.
Assay results from the 2026 drilling program are pending and will support a maiden Mineral Resource Estimate.

The big picture

Amaroq's completion of the Nanoq drilling program and positive metallurgical results align with its strategy to develop high-grade gold sources in South Greenland. The project's proximity to the Nalunaq facility positions it as a potential future feedstock, reducing processing costs and de-risking development. The company's focus on unlocking Greenland's mineral potential comes amid growing interest in Arctic mineral exploration, driven by geopolitical supply chain considerations and the need for high-grade gold deposits.

What we're watching

Resource Potential: Whether the pending assay results will confirm high-grade intersections and support a robust Mineral Resource Estimate.
Processing Strategy: How Amaroq will integrate Nanoq ore into Nalunaq's processing flowsheet and the timeline for bulk sampling.
Infrastructure Development: The pace at which site infrastructure will be completed to support future drilling and potential mining operations.