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Nanoq drilling results confirm significant go...

Amaroq Ltd. has announced significant gold and copper mineralization results from its Nanoq exploration program in South Greenland, with drilling intersections up to 187.4 g/t Au over 1.5m and 1.1% Cu over 0.5m at shallow depths. The company completed 4,807 meters of diamond drilling across 27 holes, confirming mineralized intervals averaging 3.3m at 9.98g/t Au down to 70m vertical depth, with 63% of holes intersecting mineralization. Geological mapping has extended the interpreted strike of the Central Zone to 1.5 km and identified new parallel mineralized structures. These results strengthen the geological interpretation and provide a basis for an expanded 2026 drilling program, with potential for open-pit mining and future resource estimation. Disclaimer*

articleAmaroq Ltd.December 10, 20254/company/amaroq-ltd/news/nanoq-drilling-results-confirm-significant-go
Nanoq drilling results confirm significant go...

About this update from Amaroq Ltd.

[{"type":"text","content":"\n\n \n \n\n Nanoq drilling results confirm significant gold copper mineralisation \n\nReykjavík, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Amaroq Ltd.(“Amaroq” or the “Company”) Nanoq drilling results confirm significant gold coppermineralisation **Consistent grade within multiple stacked zones and identification of identical, parallel structures**–**Intersections up to 187.4 g/t Au over 1.5m1 and up to 1.1% Cu over 0.5m2 at shallow depths**–**Webcast presentation hosted at 14.00GMT, details contained in the release** TORONTO, ONTARIO – 10 December 2025 – 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 the results from its 2025 exploration programme at the Nanoq gold project in South Greenland, on the eastern flank of the Nanortalik gold belt, which also contains the Amaroq operated Nalunaq gold mine. James Gilbertson, VP Exploration of Amaroq, commented:“I am extremely pleased to announce the results from the 2025 Nanoq drilling programme. The outcomes have exceeded our pre-drill expectations and provide us with strong confidence in Nanoq’s potential to host a material gold deposit.        “Our aim for the 2025 programme was to build on the encouraging results from previous exploration efforts at Nanoq, enabling a robust understanding of the geological model and subsurface at this outcropping prospect, ahead of larger-scale resource drilling. Not only did we achieve this, but we also succeeded in confirming Nanoq’s significant gold-hosting potential, including shallow high-grade intersections, such as 187.4 g/t Au over 1.5m and 19.6 g/t Au over 4.9m, as well as broad zones of mineralisation approaching 9.0m in thickness. The confidence gained from these results, will enable us to fast-track resource drilling, with the target of a maiden resource in the near term, accelerating our planned development pathway for Nanoq. “Further to this, our current drilling only covers a portion of the interpreted system. Our results suggest that mineralisation remains open at depth, along strike, and within a number of parallel structures to the west. With shallow, stacked mineralised zones and strong grades, we believe Nanoq could represent a much larger gold system than curr...

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