Core Insights - Amaroq Minerals Ltd. has provided an update on its 2024 exploration results across its strategic minerals portfolio, particularly focusing on the Gardaq AS joint venture in Southern Greenland [6][9][15] - The company has successfully completed an extensive exploration program, including geological reconnaissance, geochemical sampling, and 5,524 meters of core drilling across three high-priority projects [9][15] - The appointment of Dr. Steve Garwin as Chief Technical Advisor is expected to enhance the company's exploration strategy, particularly in porphyry and epithermal systems [9][16] Exploration Results - Drilling at Stendalen has revealed significant geological insights into a copper/nickel/cobalt mineralized system, with extensive Cu/Ni/Co sulphides confirmed throughout the system [8][21] - The exploration at Johan Dahl Land has led to the discovery of the Ukaleq project, with notable grades of up to 12.3 g/t Au and 5.1% Cu [12][26] - Scout drilling at Target North confirmed the presence of a significant epithermal system, although no economic mineralization was encountered [11][24] Future Plans - The company has delineated approximately four new porphyry/epithermal targets for follow-up work in 2025 across the South Greenland Copper Belt [10][26] - Amaroq has submitted three new license applications targeting copper, gold, and rare/critical earth elements, indicating a strategic expansion of its mineral portfolio [9][27] - The focus for 2025 will include further drilling at Stendalen and Ukaleq, leveraging new drill data and geophysical insights [16][21] Technical Details - The exploration program included downhole geophysics and core drilling, with a total of 4,773 meters drilled at Stendalen and additional scout drilling at other sites [19][21] - The company has implemented rigorous sampling and QAQC procedures to ensure the reliability of its exploration results [28][32]
Correction - Exploration Update for Strategic Minerals JV
GlobeNewswire·2025-05-22 06:00