8.3 C
New York
Wednesday, April 22, 2026
spot_img

1,840 g/t Gold Over 0.5m in Mountain Block Reduces Risks for Near-Term Production and Deep Expansion of the Main Vein – goldsilverpress

Reykjavík, Dec. 04, 2025 (GLOBE NEWSWIRE) – Amaroq Ltd. (“Amaroq” or the “Company”), an independent mine development corporation focused on unlocking Greenland’s mineral potential, has announced promising results from its 2025 resource and exploration drilling program at the Nalunaq gold mine. This development is a significant step in derisking near-term production and expanding the Main Vein at depth.

Overview of the 2025 Drilling Program

On December 4, 2025, Amaroq Ltd. revealed that its exploration efforts at Nalunaq have yielded remarkable results, including a staggering 1,840 grams per tonne (g/t) of gold over a 0.5-meter interval in the Mountain Block. This high-grade intersection not only confirms the potential of the deposit but also enhances the geological confidence necessary for sustained mining activities.

James Gilbertson, VP of Exploration at Amaroq, expressed his satisfaction with the results, stating, “These results further validate Amaroq’s strategy to target gold expansion within our portfolio and reinforce our belief in the long-term resource growth potential at Nalunaq.”

Key Highlights from the 2025 Exploration Program

The 2025 exploration program included extensive underground and surface drilling, with significant findings that bolster the company’s confidence in the Nalunaq project:

Core Drilling: A total of 2,127 meters of underground resource conversion drilling was completed, with 2.62% of this drilling intersecting the mineralized Main Vein. The weighted average grade of this intersection was 87.6 g/t Au, surpassing previous resource model predictions.

Surface Drilling: The program also included 4,166.5 meters of surface drilling, confirming that the Main Vein structure extends approximately 700 meters down-dip from previously mined areas, indicating substantial future upside potential.

Resource Conversion: The results from the drilling will be integrated into an updated geological model, paving the way for a Mineral Resource Estimate update (MRE5) scheduled for Q1 2026.

Ongoing Exploration Activities

Amaroq is committed to further exploration and resource definition. The company is currently conducting underground exploration in the western areas of the Mountain Block, assessing potential extensions. Additionally, the surface drilling program has been expanded to follow up on the Main Vein down-dip extension, aiming to connect this area back to the existing Mineral Resource.

The exploration strategy at Nalunaq is multifaceted, focusing on resource definition, conversion, and systematic exploration. This integrated approach is crucial for unlocking the full potential of the Nalunaq deposit.

Understanding the Nalunaq Gold Mine

Nalunaq is an underground gold mine characterized by high-grade mineralization, primarily hosted in the Main Vein. The mine is divided into four key zones: the Mountain, Target, South, and Valley Blocks. Currently, mining operations are active in the Mountain Block, while Amaroq is exploring opportunities for resource growth across the other blocks and additional target areas.

The geological characteristics of Nalunaq present unique challenges, particularly the “nugget effect,” where gold is variably distributed over short distances. This has historically led to underestimations of gold content in surface drilling. However, Amaroq’s technical team has developed a bespoke Dolerite Dyke Model to improve drilling targeting and achieve more consistent results.

Future Prospects

Amaroq’s three-stage approach to building confidence in the Nalunaq deposit involves:

Surface Drilling: Identifying the Main Vein structure.
Infill Drilling: Providing closer-spaced information for mine planning.
Tunneling: Comparing drill results with actual mined gold.

This strategy has already established a current Mineral Resource of 158,000 ounces (koz) Indicated and 326 koz Inferred, with an additional Exploration Target of approximately 600,000 to 2.3 million tonnes at grades between 10-30 g/t Au in underexplored areas.

Conclusion

The successful 2025 drilling program at the Nalunaq gold mine marks a significant milestone for Amaroq Ltd. The high-grade intersections and the confirmation of the Main Vein’s extension provide a solid foundation for future exploration and production activities. As the company continues to advance its exploration efforts, the potential for resource growth at Nalunaq remains promising, positioning Amaroq as a key player in Greenland’s mineral landscape.

For more detailed information on the exploration results and ongoing activities, visit Amaroq’s official website here.

Related Articles

spot_img

Latest Articles

bitcoin
Bitcoin (BTC) $ 76,628.00
ethereum
Ethereum (ETH) $ 2,332.71
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 1.43
bnb
BNB (BNB) $ 634.16
usd-coin
USDC (USDC) $ 0.999918
solana
Solana (SOL) $ 86.42
tron
TRON (TRX) $ 0.33362
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
dogecoin
Dogecoin (DOGE) $ 0.095189
whitebit
WhiteBIT Coin (WBT) $ 55.03
usds
USDS (USDS) $ 0.999743
leo-token
LEO Token (LEO) $ 10.37
hyperliquid
Hyperliquid (HYPE) $ 39.85
cardano
Cardano (ADA) $ 0.249633
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
bitcoin-cash
Bitcoin Cash (BCH) $ 448.73
monero
Monero (XMR) $ 384.34
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
chainlink
Chainlink (LINK) $ 9.41
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
stellar
Stellar (XLM) $ 0.179032
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
canton-network
Canton (CC) $ 0.150221
memecore
MemeCore (M) $ 4.33
zcash
Zcash (ZEC) $ 316.54
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
ethena-usde
Ethena USDe (USDE) $ 0.999179
dai
Dai (DAI) $ 0.999627
susds
sUSDS (SUSDS) $ 1.08
litecoin
Litecoin (LTC) $ 55.65
usd1-wlfi
USD1 (USD1) $ 0.999352
avalanche-2
Avalanche (AVAX) $ 9.43
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
hedera-hashgraph
Hedera (HBAR) $ 0.090289
sui
Sui (SUI) $ 0.946342
rain
Rain (RAIN) $ 0.007759
weth
WETH (WETH) $ 2,268.37
paypal-usd
PayPal USD (PYUSD) $ 0.999705
shiba-inu
Shiba Inu (SHIB) $ 0.000006
the-open-network
Toncoin (TON) $ 1.36
usdt0
USDT0 (USDT0) $ 0.998824
crypto-com-chain
Cronos (CRO) $ 0.069994
hashnote-usyc
Circle USYC (USYC) $ 1.12
tether-gold
Tether Gold (XAUT) $ 4,740.38
world-liberty-financial
World Liberty Financial (WLFI) $ 0.07878
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
bittensor
Bittensor (TAO) $ 243.23
global-dollar
Global Dollar (USDG) $ 0.999712
en_USEnglish