High-Grade Iron and Copper/Gold Potential Confirmed at Minturn Prospect

Core Insights - Amaroq Ltd. has confirmed high-grade iron and potential copper-gold mineralization at the Minturn prospect in Greenland, with iron grades reaching up to 69.5% across a 9 km strike of surface magnetite [1][5][9] - The Minturn project is being positioned as a significant new discovery in the IOCG (Iron Oxide Copper Gold) category, with extensive iron oxide alteration and brecciation indicating a large-scale mineralized system [2][11] Exploration Results - The 2025 exploration campaign included geological mapping, rock sampling, and geophysical surveys, revealing a mineralized system characterized by magnetite-rich breccia and intense iron oxide alteration over approximately 9 km [8][9] - Surface assays showed iron grades of up to 69.5% Fe, with multiple samples in the 66-69% Fe range, indicating a substantial high-grade magnetite core [9][10] Geological Insights - The Minturn project is believed to represent a Kiruna-style IOCG system, which is known for hosting large-scale, high-grade, multi-commodity deposits, including significant copper and gold alongside iron [7][11] - Historical data reanalysis has improved the geological model, suggesting a more complex mineralized system than previously understood, with a significant magnetic anomaly indicating a robust IOCG-style system [5][7] Future Plans - Amaroq is planning an aggressive follow-up campaign for 2026, which will include scout drilling, detailed mapping, and ground geophysical surveys to further evaluate the copper-gold potential and delineate the extent of the mineralized system [12][13] - The upcoming exploration program aims to confirm Minturn as a significant IOCG deposit and enhance its role in Amaroq's strategy to develop critical mineral resources in Greenland [13]