Amaroq reports strong drilling results from Nanoq
By Josh White
Date: Wednesday 10 Dec 2025
(Sharecast News) - Amaroq reported strong drilling results from its 2025 exploration campaign at the Nanoq gold project in South Greenland on Wednesday, confirming significant gold and copper mineralisation and strengthening the project's potential as a material standalone asset alongside the company's Nalunaq mine.
The AIM-traded firm said the programme intersected multiple stacked high-grade zones at shallow depths, including gold grades of up to 187.4 grams per tonne over 1.5 metres and copper grades of up to 1.12% over 0.5 metres.
James Gilbertson, Amaroq's vice president of exploration, said the results "have exceeded our pre-drill expectations and provide us with strong confidence in Nanoq's potential to host a material gold deposit."
He added that the programme not only confirmed "shallow high-grade intersections, such as 187.4 grams per tonne gold over 1.5 metres and 19.6 grams per tonne gold over 4.9 metres, as well as broad zones of mineralisation approaching 9.0m in thickness" but also demonstrated that mineralisation remains open in multiple directions.
"With shallow, stacked mineralised zones and strong grades, we believe Nanoq could represent a much larger gold system than currently defined," he said.
The company said it drilled 4,807 metres across 27 holes, testing approximately 600 metres of strike within the Central Zone.
Mineralised intervals averaged about 3.3 metres at 9.98 grams per tonne gold at vertical depths of up to 70 metres, with 63% of holes intersecting gold.
Mapping extended the interpreted strike length to 1.5 kilometres and identified parallel mineralised structures, including the new 'West 1' zone where surface sampling returned up to 9.54 grams per tonne gold.
Copper assays confirmed multiple anomalous intersections, reinforcing the project's polymetallic potential.
Amaroq said the results compared favourably with early-stage drilling at other notable orogenic gold systems and supported a significantly expanded drilling programme in 2026.
The company said it planned to fast-track work toward a maiden resource estimate and is evaluating infrastructure options, including a short access road to a potential harbour, to facilitate movement of material for bulk sampling and possible processing at Nalunaq.
Gilbertson said the outcomes would "enable us to fast-track resource drilling, with the target of a maiden resource in the near term, accelerating our planned development pathway for Nanoq."
He noted that only the top 70 metres of the system had been tested to date, leaving substantial room for expansion.
At 1434 GMT, shares in Amaroq were up 0.59% at 94.56p.
Reporting by Josh White for Sharecast.com.
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