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High-Grade Channel Samples From Nalunaq

Amaroq Minerals reported results from underground exploration at its Nalunaq gold mine in southern Greenland. In 2023, the company conducted a channel sampling program designed to verify unpublished historic assay results that indicated the continuation of high-grade mineralization beyond the last mined stope. Following a successful campaign returning intervals up to 48.3g/t Au over 1m, the company is now planning an underground drilling program to develop the newly identified area with its 775m strike extension potential.

Following the 2023 discovery of an additional gold-bearing vein 75m above the main vein, the company further investigated historic drill core that may have intersected the only recently recognized mineralized structure. The program was successful, with the new vein now being identified in 46 intercepts. Review and sampling of around 100 additional historic intersections of the “75 Vein” is planned for 2024.

 

Plan view map with 2023 underground sampling locations and highlighted target block extension potential (Source: www.amaroqminerals.com)