Amaroq Ltd. · LSE:AMRQ
Amaroq — Amaroq Minerals — Investor Presentation (December 2023)
21 slides from Amaroq's investor presentation, December 2023
Slide 1: Corporate Presentation
CORPORATE PRESENTATION December 2023 www.amaroqminerals.com | AMRQ Amaroq Minerals Ltd. is a Greenland-focused mining company engaged in the identification, acquisition, exploration and development of gold and strategic metals properties in Greenland.
Slide 2: Disclaimer and Technical Information
DISCLAIMER AND TECHNICAL INFORMATION The information contained herein has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Amaroq Min erals Ltd (the “Company”). The presentation and th
Slide 3: Our Purpose: Creating a Greenlandic Legacy
OUR PURPOSE: CREATING A GREENLANDIC LEGACY Empowering Greenland to become a strategic supplier of gold and the materials needed to power a greener future Feeding the Global Bringing Long-term Building a Green Transition Value to Greenland Responsible Future Investing in and empowering Meeting the un
Slide 4: Greenland – A Growing Mining Jurisdiction for Investment
GREENLAND – A GROWING MINING JURISDICTION FOR INVESTMENT Citronen 12 Active Explorers Across 8 Commodities Zn/Pb Government supportive of Greenland is a self-governing country Following glaciation, the mining industry to diversify within the Kingdom of Denmark. It is exceptional bedrock exposure, ec
Slide 5: Resource Development Strategy
AMAROQ MINERALS LTD RESOURCE DEVELOPMENT STRATEGY Unlocking value from Greenland’s gold and strategic mineral wealth ✓ Shortest, lowest risk path to cashflow via the re-development of Nalunaq ✓ Nalunaq cashflow to self-fund and unlock the true mineral potential of Greenland ✓ Targeting world class d
Slide 6: Financing Overview – Total Available Liquidity $115M
FINANCING OVERVIEW – TOTAL AVAILABLE LIQUIDITY $115M Transformational funding opportunity to accelerate Amaroq’s growth in precious & strategic metals High-quality Board & Icelandic register with Management Shareholding Ticker significant AMRQ institutional 13.04% ~30% Financing Overview shareholder
Slide 7: Listing on Nasdaq Iceland's Main Market
LISTING ON NASDAQ ICELAND’S MAIN MARKET Amaroq listed on Nasdaq Main Market in Iceland in September 2023, sitting alongside the Company’s existing TSX-V and AIM listings Alongside the March 2023 financing, Amaroq November 2022 Secured $49,5m in announces its Landsbankinn September 2023 debt financin
Slide 8: Full Cycle Asset Portfolio
FULL CYCLE ASSET PORTFOLIO Amaroq’s leading mineral licence acreage in South Greenland provides a robust portfolio of attractive projects across the life-cycle, each with strong potential for gold, base metals and strategic minerals Amaroq’s Geology and Discovery team have Stendalen worked tirelessl
Slide 9: Nalunaq: Major Development Milestones
NALUNAQ: MAJOR DEVELOPMENT MILESTONES Track record of delivery towards commissioning 2020 → 2021 → 2022 → 2023 → 2024 → Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Project planning Resource expansion Project definition Project development Commissioning & ramp-up • US$55.4m raised at • Drill testing led
Slide 10: Nalunaq: Q3 2023 Project KPIs
NALUNAQ: Q3 2023 PROJECT KPIS Project report as of 31 September, 2023 Q3 2023: Key Statistics ✓ Permitting: Public consultation for the Environmental Impact Assessment (EIA) and Social Impact Assessment (SIA) for Nalunaq is expected to take place in Q1 2024. 32 ZERO ✓ Contracting: Key contracting pr
Slide 11: Nalunaq Project Delivery: 2023 - 2025
NALUNAQ PROJECT DELIVERY: 2023 - 2025 An ambitious development programme focused on bringing Nalunaq into production to generate cashflow to fund further opportunities 2023 2024 2025 CONTRACTORS Contracting SELECTED Engineering TRIAL MINING & PROCESSING TO FULL PRODUCTION Mining EIA & SIA Constructi
Slide 12: Nalunaq – Future Operating Mine Layout
NALUNAQ – FUTURE OPERATING MINE LAYOUT Underground Production, Surface Processing and Near by Camp and Port HARBOR TRIAL MINING CAMP AREA TEMP FUEL STORAGE MOUNTAIN MINE ROAD BLOCK 450 LEVEL TAILINGS EXPLOSIVES MAGAZINE Slide: 11 Amaroq Minerals: Corporate Profile
Slide 13: Nalunaq 2023 Exploration
NALUNAQ 2023 EXPLORATION 1,735m of core drilling intersection further high-grade Providing further confidence for significant mine life mineralisation along strike from trial mining area. Trial Mining Area Also discovered the newly defined 75 Vein providing further Mountain Block ~35Koz mined resour
Slide 14: Nalunaq Resource Growth
NALUNAQ RESOURCE GROWTH 75 Vein Options Newly Discovered High-Grade Vein • New mineralized vein confirmed in hanging wall above the Main Vein and of a similar thickness and grade. • Up to 256g/t Au over 0.5m • Appears to be laterally extensive and could potentially provide 2 nd mine face allowing fo
Slide 15: Largest Mineral Licence Holder in Greenland
LARGEST MINERAL LICENCE HOLDER IN GREENLAND High potential Gold and Strategic mineral projects on three Mineral Belts North Sava South Greenland Sava Copper Belt (Cu/Au) Copper Belt Johan Dahl Land Target North Target West Nanoq (Au) Kobberminebugt (Cu) Eagle’s Nest (Au) Paatasoq (REEs) Vagar (Au) N
Slide 16: Gold Targets
GOLD TARGETS Amaroq Minerals is conducting exploration to generate further gold resource development opportunities across South Greenland Vagar Ridge Au Nanoq 79 Cu 29 79 Au Drilling & Geological Drilling & Geological Reconnaissance Reconnaissance 2023 Achievements 2023 Achievements • Geological mod
Slide 17: Strategic Mineral Targets
STRATEGIC MINERAL TARGETS Amaroq is conducting renewed exploration on strategic mineral and base metal targets across their license portfolio Sava Copper Belt Cu 29 79 Au Stendalen Ti 22 Cu 29 23 V Ni 28 Paatusoq REE Zn 30 41 Nb Drilling & Geophysics, Geochemisty Geochemistry Drilling & Geological G
Slide 18: Key 2023 Exploration Outcomes
KEY 2023 EXPLORATION OUTCOMES Exploration success across multiple targets and commodities ✓ Confirmed extension of high-grade mineralization beyond mining area at Nalunaq with grades up to 182g/t Au over 0.69m. ✓ Discovery of the high grade 75 Vein at Nalunaq with up to 256g/t Au over 0.5m ✓ Complet
Slide 19: Investing in Creating a Greenlandic Legacy
INVESTING IN CREATING A GREENLANDIC LEGACY Unlocking mineral potential spearheaded by cashflow generation from Nalunaq 2022 2023 2024 Exploration Stage Development Stage NALUNAQ Achieved Development 2022 2023 2024 Stage 3 Precious Metal Exploration Exploration Vagar Ridge, Nanoq planning Achieved De
Slide 20: Highly Experienced Board and Executive Management Team
HIGHLY EXPERIENCED BOARD AND EXECUTIVE MANAGEMENT TEAM Eldur Olafsson Jaco Crouse Joan Plant Founder, President & CEO Chief Financial Officer, Executive Vice Board Member Board Member President BOARD MEMBERS MANAGEMENT TEAM Graham Stewart Warwick Morley-Jepson Non-Executive Chairman Non-Executive Di
Slide 21: Contact Us
www.amaroqminerals.com CONTACT US AMAROQ MINERALS LTD 3400 One First Canadian Place, PO Box 130,Toronto, On, M5X 1A4, Canada Eldur Olafsson, Chief Executive Officer AIM, TSXV, Nasdaq: AMRQ
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