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Amaroq announces Greenland project interpretation results

Published by , Editorial Assistant
Global Mining Review,


Amaroq Minerals Ltd., an independent mine development corporation with a substantial land package of gold and strategic mineral assets across Southern Greenland, has announced that further examination of its 2022 geophysics data by mining with artificial intelligence experts, ALS Goldspot Discoveries Ltd, has significantly expanded prospectivity of its 100% owned Nanoq gold project.

The company has also announced the successful completion of its 2023 geophysics exploration programme.

Highlights:

  • Prior exploration at Nanoq conducted by Amaroq in 2021/22 detailed a high-grade quartz vein system exposed at surface up to 20 m wide and 1 km in strike extent.
  • Previous channel sampling has provided grades of up to 175.1 g/t Au over 0.8 m and 35.4 g/t Au over 0.95 m, and with grab samples up to 118 g/t Au. These also suggested the presence of copper with up to 3.83% Cu in float samples collected in 2020.
  • Assessment of the 2022 Nanoq geophysical data by the company and ALS Goldspot has further expanded the gold target zone and defined multiple parallel zones, significantly increasing the project’s mineral potential.
  • Similar potential has also been developed over the Jokum’s Shear project, as well as two ~25 km long corridors connecting these two targets.
  • Amaroq is now designing a 5000 m ¬– 10 000 m diamond core drilling programme to delineate this significant gold target in 2024.
  • Amaroq has now completed and received all results from ~10 000 line km geophysics programme targeting the South Greenland Copper Belt.

James Gilbertson, VP Exploration of Amaroq, commented:

“Following our successful 2023 resource drilling programme at Naluanq, Amaroq continues to develop further gold potential across the Nanortalik Gold Belt. This study, which employed the advanced expertise of ALS Goldspot, has further developed our understanding of the Nanoq target, which benefits from being exposed at surface, with evidence that the controlling structure continues along two ~25 km corridors through our licences to our Jokum’s Shear target. We are now developing a core drilling programme for Nanoq.

Our discovery team continues to push the boundaries of current geological understanding of South Greenland. The successful completion of ~10 000 line km of geophysics, with all results now received for detailed interpretation, is testament to our commitment to continual mineral discovery across multiple mineral belts.”

Read the article online at: https://www.globalminingreview.com/mining/28122023/amaroq-announces-greenland-project-interpretation-results/

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