Amaroq Launches 2026 Drilling at High-Grade Nanoq Gold Project - Share Talk

Amaroq Launches 2026 Drilling at High-Grade Nanoq Gold Project

Amaroq Ltd. (LON: AMRQ) has commenced its 2026 resource drilling programme at the Nanoq gold project in South Greenland, targeting a potential maiden Mineral Resource Estimate later this year.

Three company-owned drill rigs are initially targeting the Central Zone, where previous drilling returned high-grade intersections including 187.4g/t gold over 1.5m and 19.6g/t gold over 4.9m.

Drilling will focus on increasing data density and establishing continuity before stepping out along strike and testing parallel structures, including the West 1 Zone, around 500m west, where surface sampling returned grades of up to 9.5g/t gold.

The programme is expected to be broadly comparable with the 4,807 metres drilled across 27 holes in 2025. Subject to results, the combined drilling data could support Nanoq’s maiden Mineral Resource Estimate before the end of 2026.

Amaroq is also conducting metallurgical testing with SGS Lakefield to assess whether Nanoq material could be processed through the existing gravity and flotation circuit at its Nalunaq gold mine, potentially opening the door to near-term bulk sampling and trial processing.

The company will additionally assess potential harbour and road infrastructure to improve access and reduce development costs from 2027 onwards.

VP Exploration James Gilbertson said Amaroq believes Nanoq could become its next gold project in Greenland, with this year’s drilling representing a key step towards establishing its economic potential.


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