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Nanoq drilling results confirm significant gold copper mineralisation
Globenewswire· 2025-12-10 07:00
Core Insights - Amaroq Ltd. has confirmed significant gold and copper mineralization at the Nanoq gold project in South Greenland, with drilling results exceeding pre-drill expectations [2][3][4] Exploration Results - The 2025 exploration program included 4,807 meters of diamond drilling across 27 holes, successfully testing approximately 600 meters of strike length within the Nanoq Central Zone [5][9] - High-grade intersections were reported, including 187.4 g/t Au over 1.5 meters and 1.1% Cu over 0.5 meters at shallow depths [2][5] - 63% of the drilled holes intersected mineralization, with an average mineralized interval thickness of approximately 3.3 meters at a grade of 9.98 g/t Au [5][19] Geological Insights - The geological model has been strengthened, confirming the presence of multiple stacked mineralized zones and suggesting that mineralization remains open at depth and along strike [5][19] - Detailed mapping has extended the interpreted strike of the Central Zone to 1.5 kilometers, identifying previously unrecognized mineralized structures with high surface grades of up to 9.5 g/t Au [5][16] Future Development Plans - The company aims to fast-track resource drilling with the target of a maiden resource estimate in the near term, supported by existing camp infrastructure and strong liquidity [4][5] - A follow-up drilling program is planned for 2026, leveraging the insights gained from the 2025 exploration campaign [5][18] Metallurgical and Environmental Studies - Initial environmental baseline surveys have been launched to support future feasibility and permitting studies [21] - The company is engaging in metallurgical test work to assess how Nanoq material may perform within the existing Nalunaq processing flowsheet [22]
X @Joe Consorti ⚡️
Joe Consorti ⚡️· 2025-10-18 18:03
Case in point.https://t.co/xD5m5wIIq7First Squawk (@FirstSquawk):CHINA DISCOVERS “SUPERGIANT” GOLD DEPOSIT WORTH $83 BILLIONChinese geologists have discovered a massive gold deposit in Hunan Province, estimated to hold over 1,100 metric tons of gold ore—potentially the largest precious metal find ever recorded. ...