Amaroq Ltd. (LSE:AMRQ) has commenced its first diamond drilling programme at the Minturn iron-copper-gold prospect in Inglefield Land, Northwest Greenland, marking the initial effort to test the mineralised system below surface. The campaign follows encouraging surface sampling completed in 2025, which returned iron grades of up to 69.5% Fe. The company is targeting what it believes to be Greenland’s strongest regional magnetic anomaly, associated with a magnetic body extending for around nine kilometres within a broader 80-kilometre mineralised corridor.
Drilling to Accelerate Understanding of Mineral System
Amaroq has opted to prioritise drilling ahead of previously planned ground geophysical surveys in order to overcome the logistical challenges of operating in the remote region and obtain direct geological information more quickly. The initial drill holes are designed to evaluate both the high-grade iron mineralisation and the associated copper and gold potential. Results will be combined with existing geophysical datasets to refine the geological model, assess the scale of the mineral system and determine whether it shares characteristics with IOCG or Kiruna-style deposits, helping to guide future exploration across the project.
Exploration Expands Company’s Greenland Strategy
The Minturn programme represents an important step in Amaroq’s strategy to expand exploration activities into northern Greenland while building technical knowledge and operational experience in the region. The work also supports the company’s broader objective of developing a diversified portfolio of mineral assets across Greenland, strengthening its long-term growth pipeline beyond its existing mining operations.
About Amaroq Ltd.
Amaroq Ltd. is an independent mining company focused on the exploration, development and production of gold and strategic metals in Greenland. Its flagship asset is the producing Nalunaq Gold Mine in southern Greenland, while its wider exploration portfolio includes projects targeting gold, copper, nickel, rare earth elements, zinc, lead, silver, germanium and gallium across South and West Greenland, in addition to the Minturn iron-copper-gold prospect in the country’s northwest.
The company is working to establish an integrated mining business in Greenland through investments in mining services and infrastructure, including its Suliaq logistics business and Imeq ApS, Greenland’s first privately developed hydroelectric project. Amaroq is listed on the London Stock Exchange and Nasdaq Iceland under the ticker AMRQ, and also trades on the OTCQX market in the United States under the symbol AMRQF.
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