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The results will be integrated with the 2025 surface sampling and historic airborne geophysical data to refine the geological model, assess the scale of the system and design future ground geophysics and follow-up drilling. Amaroq remains committed to Minturn’s potential scale and strategic importance and will use this programme to build the practical operating knowledge required for sustained exploration in North Greenland, drawing on the experience and infrastructure established through its operations in South Greenland.
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About the Minturn project
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Minturn is located in the Inglefield Land region of Northwest Greenland, approximately 220km north of the US Pituffik Space Base. The prospect is interpreted as a potentially large iron oxide copper gold (“IOCG”) or Kiruna-style mineral system and is held within Amaroq’s strategic joint venture company, Gardaq A/S.
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Reprocessing and reinterpretation of historic geophysical datasets identified a coherent approximately 9km magnetic anomaly within a broader 80km mineralised corridor. Reconnaissance work completed in 2025 returned surface iron grades of up to 69.5% Fe, including multiple samples grading 66-69% Fe. A parallel electromagnetic anomaly and associated ionic-leach geochemistry provide targets for potential copper-gold mineralisation. The programme now commencing will be the first drilling to test these interpretations at depth.
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Qualified Person Statement
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The technical information presented in this press release has been reviewed and approved by James Gilbertson, CGeol, Vice President Exploration of Amaroq and a Chartered Geologist with the Geological Society of London, who is a Qualified Person as defined by National Instrument 43-101.
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-ENDS-
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Enquiries:
Amaroq Ltd. C/O
Ed Westropp, Chief Corporate Development and Strategy Officer
+44 (0)7385 755711
[email protected]
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Canaccord Genuity Limited (Corporate Broker)
James Asensio
Rory Blundell
Harry Rees
+44 (0) 20 7523 8000
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Citigroup Global Markets Limited (Corporate Broker)
Andrew Miller-Jones
David Herring
+44 (0) 207 986 3463
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Panmure Liberum Limited (Corporate Broker)
Scott Mathieson
Piers Shimwell
+44 (0) 20 7886 2500
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Camarco (Financial PR)
Elfie Kent
Fergus Young
+44 (0) 20 3757 4980
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Further Information:
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About Amaroq
Amaroq’s focus is the identification, acquisition, exploration and development of gold and strategic metals in Greenland. The Company’s principal asset is the 100% owned and operated, producing Nalunaq Gold Mine.
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Amaroq’s significant exploration portfolio includes opportunities in gold, copper, nickel and rare earth elements across South Greenland, as well as zinc, lead, silver, germanium and gallium at its West Greenland Hub centred on the past-producing zinc-lead-silver mine at Maarmorilik and the nearby Kangerluarsuk exploration licence, and the Minturn iron oxide copper gold prospect in Northwest Greenland. The Company’s strategy is to unlock Greenland’s resource potential through continued exploration and development while building a responsible, full-cycle mining company, including through its Suliaq subsidiary, which provides mining services and logistics capabilities for Greenland’s developing mining sector, and Imeq ApS, Greenland’s first private hydroelectric project.
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The Company is listed on the LSE and Nasdaq Iceland under the ticker AMRQ, and on OTCQX under AMRQF.
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Inside Information
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The announcement does not contain inside information.
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English (US)