Amaroq Ltd. (LSE:AMRQ), a mineral exploration and development company, has announced the discovery of high concentrations of rare earth elements (REE) within its Nunarsuit license area in South Greenland. The find represents a major milestone in Amaroq’s strategy to diversify into the rare and critical minerals sector. Sampling from the Ilua pegmatite zone revealed concentrations of up to 2.31% total rare earth oxides (TREO). Located within the Gardar geological province—an area recognized for hosting a large share of global REE resources—the site holds strong potential for further development.
Amaroq plans to advance exploration efforts and commence targeted drilling in 2026 to determine the scale and economic viability of the discovery. The company believes these results could unlock meaningful value for shareholders and position it as a key participant in meeting the growing global demand for rare earth elements.
More about Amaroq Ltd.
Amaroq Ltd. is an independent mining and exploration company dedicated to developing Greenland’s rich mineral resources. The company’s portfolio includes gold and strategic metal projects across southern Greenland, anchored by its 100% ownership of the Nalunaq Gold Mine. Additional exploration assets include the Stendalen and Sava Copper Belt projects, which complement its broader focus on gold, copper, and emerging critical minerals.
Leave a Reply