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High-Grade Iron and Copper/Gold Potential Con...
Amaroq Ltd. has announced significant exploration results from its Minturn prospect in Greenland, confirming high-grade iron potential with assays up to 69.5% iron across a 9km strike, and suggesting copper and gold potential within a parallel electromagnetic anomaly. The company believes Minturn represents a large-scale, mineralised system akin to Iron Oxide Copper Gold (IOCG) deposits, with potential for direct shipping ore due to low impurity levels. Amaroq is planning a 2026 exploration program including scout drilling to further delineate the scale and economic potential of this emerging system. Disclaimer*
About this update from Amaroq Ltd.
[{"type":"text","content":"\n\n \n \n\n High-Grade Iron and Copper/Gold Potential Confirmed at Minturn Prospect\n\nReykjavík, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Amaroq Ltd.(“Amaroq” or the “Company”) High-Grade Iron and Copper/Gold Potential Confirmed at Minturn Prospect ** Grades of up to 69.5% iron across 9km strike of surface magnetite **–**Sampling suggests Copper Gold potential within parallel Electromagnetic (EM) anomaly ** TORONTO, ONTARIO – 21 January 2026 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, is pleased to announce significant exploration results from the 2025 field campaign at its Minturn prospect, north of the US Pituffik Space Base in Northwest Greenland. Indications suggest Minturn is a large-scale, mineralised system, with extensive iron oxide alteration and brecciation, similar to other well-known Iron Oxide Copper Gold (“IOCG”) deposits. These results highlight Minturn’s significant potential as a new IOCG discovery, in a frontier region of Greenland. James Gilbertson, VP Exploration of Amaroq, commented:“These initial results from Minturn demonstrate that Greenland has the geological ingredients to host truly elephant-scale mineral systems. The identification of what appears to be a Kiruna-style IOCG project, underpinned by extensive iron oxide alteration and very high iron grades at surface, represents a significant strategic step for Amaroq and its joint venture company, Gardaq. Additionally, the scale of the system and the presence of magnetic and electromagnetic anomalies, point to the potential for copper and gold mineralisation within a broader IOCG framework. We are now in active planning for a 2026 programme of scout drilling, detailed mapping and ground geophysics, to properly test the scale, geometry and economic potential of this emerging system.” Highlights Amaroq believe that Minturn represents a highly strategic opportunity, in which the discovery of a Kiruna-type IOCG system in this region would be of international significance, reinforcing Greenland’s prospectivity for large “critical mineral” deposits, beyond gold and adding a new dimension to Amaroq’s growth pipeline.Reprocessing and reinterpretation of historic geophysical datasets, has resulted in an improved geological model, revealing a significant...