- Amaroq Minerals (TSXV:AIM) reveals it has completed its 2024 exploration programs in South Greenland ahead of schedule
- The company completed exploration across nine licenses, with 8,601 metres of core drilling across five key targets focused on gold, copper, and nickel
- This included first-time drilling at the exciting Nanoq gold and Josva copper projects
- Shares of Amaroq Minerals last traded at C$1.41
Amaroq Minerals (TSXV:AIM) reveals it has completed its 2024 exploration programs in South Greenland ahead of schedule.
In a news release early Thursday, the company stated it completed exploration across nine licenses, with 8,601 metres of core drilling across five key targets focused on gold, copper, and nickel, which included first-time drilling at the exciting Nanoq gold and Josva copper projects.
“We are incredibly excited by the progress we’ve made across our portfolio this year. Completing over 8,600 metres of core drilling, alongside key advancements across both our gold and strategic mineral projects is a testament to the dedication of our geological teams and potential of our assets,” James Gilbertson, vice president of exploration, said in a statement.
Gilbertson added that exploration of the 75 Vein and Target Block Extension zone at Nalanaq and surface sampling at the Eagle’s Nest satellite target represent “major steps” for the company’s gold portfolio.
Other gold exploration highlights include:
- Completed 2,895 m of resource drilling in 11 holes targeting the promising Nalunaq Target Block Extension Zone
- Reassessed and resampled historical drill holes across the new 75 Vein and other prospective hanging wall veins
- Collected new surface samples from the Main Vein and the newly discovered 75 Vein at Target Block Extension
- Completed exploration work has laid the foundation for a planned underground drill definition program and an updated Mineral Resource estimate
- Conducted first surface sampling at Eagle’s Nest, 30 kilometres north of Nalunaq
- Completed first scout drilling (130 m across two holes) at the high-grade Nanoq gold project
In addition to the work at Nalunaq, Amaroq Minerals expanded its exploration efforts to the satellite Eagle’s Nest target where previous sampling at Eagle’s Nest returned grades as high as 34 grams per ton gold.
The company also continued to progress at its Nanoq gold project on the eastern side of the Nanortalik Gold Belt, where the Amaroq Minerals completed its first drilling program, pushing the company towards defining Nanoq as a major high-grade gold project with considerable resource potential.
Amaroq Minerals is focused on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The company’s principal asset is its 100 per cent interest in the past producing Nalunaq Gold mine that is expected to go into production at the end of this year.
Shares of Amaroq Minerals (TSXV:AIM) last traded at C$1.41.
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(Top photo: Amaroq Minerals)
