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Mining
Amaroq Minerals (AIM, TSXV, NASDAQ Iceland: AMRQ) Conducts Drilling Across Greenland JV, Identifies High-Grade Cobalt
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Highlights
Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ) has reported the results of its 2024 exploration program conducted through Gardaq AS, its joint venture focused on strategic minerals in Southern Greenland. The program covered seven exploration licences and included extensive mapping, geochemical sampling, and 5,524 metres of core drilling at high-priority copper, nickel, cobalt, and gold targets.
At the Stendalen project, drill results have revealed multiple zones containing copper-nickel-cobalt sulphides. One narrow semi-massive sulphide zone was intersected, with pending assays expected to further define the mineralization potential. Quantitative petrographic analysis confirmed the presence of high copper and nickel values, and notably cobalt concentrations reaching up to approximately 10%. A downhole geophysical survey post-drilling has identified additional chargeable features, setting the stage for future drilling targets.
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