Amaroq Ltd. (LSE:AMRQ) has commenced its first drilling programme at the Ilua Pegmatite rare earth element prospect in South Greenland, marking the start of the company’s 2026 exploration campaign. Located within the Nunarsuit licence area, the project sits in the highly prospective Gardar Alkaline Province, a region regarded as increasingly important for expanding Western supplies of critical minerals and reducing dependence on traditional rare earth producers.
The initial scout drilling programme will evaluate three priority targets across a pegmatite system extending for at least 5km. The campaign follows encouraging surface sampling completed in 2025, which returned total rare earth oxide grades of up to 2.3%, including approximately 27% heavy rare earth elements, while also recording low radionuclide levels. Previous mapping, channel sampling and mineralogical studies have identified commercially attractive minerals such as monazite and britholite. The drilling is designed to provide the first assessment of the project’s subsurface scale, continuity and economic potential, potentially offering a simpler development route than many of Greenland’s more technically challenging rare earth deposits.
The programme represents another step in Amaroq’s strategy of expanding its portfolio of strategic mineral assets alongside its established gold operations. Success at Ilua could strengthen the company’s exposure to the growing demand for secure, non-Chinese supplies of rare earth elements used across advanced manufacturing, renewable energy and defence industries.
More about Amaroq Ltd.
Amaroq Ltd. is an independent mine development company focused on the exploration and development of gold and strategic mineral assets across South Greenland. Its flagship asset is the wholly owned Nalunaq gold mine, supported by a broader portfolio of projects targeting copper, nickel, rare earth elements and other critical minerals across two recognised gold belts, as well as advanced prospects including Stendalen and the Sava Copper Belt.
The company is incorporated under the Business Corporations Act of Ontario and wholly owns Nalunaq A/S under the Greenland Companies Act, positioning it as a significant participant in Greenland’s growing mining industry and the development of Western critical mineral supply chains.
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