Kujalleq, Greenland: Amaroq Minerals published an updated mineral resource estimate for its Nalunaq gold mine in southern Greenland. The resource update was highly successful, increasing the overall contained gold by 51% to 499,511t @ 30.13g/t Au for a total of 483,960 oz contained gold (inferred+indicated). Thanks to the increase of the resource base, the mine life could potentially be extended from 6 to 10 years. An exploration target prepared in conjunction with the resource update further indicates another 195,000 to 2.3 million oz to be discovered at Nalunaq, with the company planning further exploration in 2025.
Location of the Nalunaq gold mine in southern Sweden. (www.amaroqminerals.com)
