Amaroq Ltd. · LSE:AMRQ
Amaroq — Amaroq Minerals — Investor Presentation (April 2025)
16 slides from Amaroq's investor presentation, April 2025
Slide 1: Corporate Presentation April 2025
CORPORATE PRESENTATION APRIL 2025 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 Minerals Ltd (the “Company”). The presentation and the
Slide 3: Amaroq Minerals: The Premier Gateway to Greenland's Resource Potential
AMAROQ MINERALS The Premier Gateway to Greenland’s Resource Potential Nalunaq AS Greenland Gold Production and Exploration Gardaq AS Strategic Mineral JV Suliaq AS Mining and Logistical Service Company Formation of Renewable Energy Company Amaroq Minerals is unlocking Greenland’s vast mineral potent
Slide 4: Greenland Supporting Growth in the Nordics
Malmbjerg Black Angel Mo/Cu AMAROQ MINERALS Zn/Ag/Pb Greenland Supporting Growth in the Nordics Disko Ni/Cu/PGE Members of The European Self-governing country within Raw Materials Alliance the Kingdom of Denmark (ERMA) with +90 Operating closely associated with the EU, Skaergaard Au/Pd/Pt Companies
Slide 5: Amaroq Minerals: Shareholders and Financial Highlights
AMAROQ MINERALS Ticker: AMRQ (AIM / TSX-V / NASDAQ Iceland) Amaroq Employees Breakdown High-quality register with a substantial base 180 total of institutional shareholders Financial highlights • ~398M – issued share capital Greenlandic Other UK & Canada investors Icelandic Pension Funds and Expat 4
Slide 6: FY 2024 and Post-Period Highlights
FY 2024 AND POST-PERIOD HIGHLIGHTS 2024 - a pivotal year marking the transition from developer to producer at our cornerstone Nalunaq mine First Gold Pour at Nalunaq EIA and SIA fully Successful fundraising of Nalunaq Gold Mine on approved, with IBA due GBP 27.5 million in 27 November 2024 for compl
Slide 7: Nalunaq A/S: Commissioning of Greenland's Newest Mine
NALUNAQ A/S Commissioning of Greenland’s Newest Mine Mine Metrics 484koz Au 30g/t Au Updated Mineral Resource Resource Grade 151koz Au 300tpd Maiden Indicated Resource Targeted Mining Rate LHOS 150 - ~50% Mining Method Head Count (Greenlandic) ~350koz Au ~10 Years Historical Production Mine Life 19
Slide 8: Nalunaq: Overview of construction, trial mining and processing operations
NALUNAQ Overview of construction, trial mining and processing operations Permitting: The Company is working with stakeholders on the Impact Benefit Agreement (IBA), which it aims to have in place by June 2025. EPC: Procurement for Phase I completed. Phase 2 procurement well advanced. Company ass
Slide 9: Nalunaq Resource Growth: Mineral Resource Update MRE4
NALUNAQ RESOURCE GROWTH Mineral Resource Update - MRE4 Updated Mineral Resource Resource Growth from MRE3 484koz @ 30 g/t Au 51% Proportion at Indicated Level Additional Drilling 33% 13.8Km Mineral Resource Statement for Nalunaq gold deposit, Greenland, as of 26th March 2025 Classification Tonnes (t
Slide 10: Nanortalik Gold Belt: Expanding Amaroq's Gold Potential
NANORTALIK GOLD BELT NANOQ Expanding Amaroq’s Gold Potential Emerging New Gold Camp Amaroq Minerals continues to unlock JOKUM’S SHEAR Greenland’s gold potential with advanced exploration at Vagar Ridge and Nanoq, our most promising targets. Near-mine opportunities, including Eagle’s Nest, Lake 410,
Slide 11: Gardaq A/S: A Proven Joint Venture Model
GARDAQ A/S A Proven Joint Venture Model to Maximise Discovery and Value 4,912 km2 Cu, Ni, Nb, REE Current Licence Holding Target Commodities TARGET NORTH Copper/Gold JOHAN DAHL LAND Copper >20 4 JOSVA Copper TARGET WEST Copper Active Projects Advanced Projects NUNARSUIT Nickel/REE $30CADm STENDALEN
Slide 12: Suliaq A/S: Key Tools to Unlock Mineral Potential
SULIAQ A/S The Key Tools to Unlock Mineral Potential in a New Frontier Icebreaker/Marine Drill Rigs Vessels Epiroc/Sandvik Surface Equipment Mining Fleet 120-man Remote Camps Amaroq Minerals: Corporate Profile
Slide 13: Renewable Energy Strategy
RENEWABLE ENERGY STRATEGY Nalunaq Hydro CAPEX - CAD 6,0m Capacity 700 kW Generation 3.5 GWh/yr Annual diesel savings 1.2m L Annual cost savings 1.97 mCAD Annual OPEX 80 kCAD Net savings 1.89 mCAD/yr Reduced CO2 emissions 3.15 t/yr Slide: 12 Amaroq Minerals: Corporate Profile
Slide 14: Social Engagement
SOCIAL ENGAGEMENT Creating a Greenlandic Legacy Through Investing in Communities and the Environment Siu Tsiu – Investing in youth development through training, mentoring and employment opportunities UArctic – Collaborating to provide education and training programmes delivered remotely both for new
Slide 15: Highly Experienced Board and Executive Management Team
HIGHLY EXPERIENCED BOARD AND EXECUTIVE MANAGEMENT TEAM Eldur Olafsson Ellert Arnarson Joan Plant Founder, President & CEO Chief Financial Officer Executive Vice Board Member President BOARD MEMBERS MANAGEMENT TEAM Graham Stewart Warwick Morley-Jepson Non-Executive Chairman Non-Executive Director Jam
Slide 16: Contact Us
www.amaroqminerals.com CONTACT US AMAROQ MINERALS LTD 100 King Street West, Suite 3400, 1 First Canadian Place, Toronto, Ontario, M5X 1A4, Canada Eldur Olafsson, Chief Executive Officer AIM, TSXV, Nasdaq: AMRQ