Core Viewpoint - Amaroq Ltd. has identified high-grade rare earth element (REE) mineralization in the Ilua Pegmatite Zone within its Nunarsuit mineral license area in South Greenland, marking a significant entry into the REE sector and indicating potential for future exploration and development [2][4][8]. Company Developments - The Ilua Pegmatite Zone represents Amaroq's first confirmed occurrence of high-grade REE, with grades reaching up to 2.31% Total Rare Earth Oxide (TREO) [7]. - The REE assay results show an average composition of 27% Heavy REE and 73% Light REE, with key magnet metals such as Neodymium, Praseodymium, Dysprosium, and Terbium comprising 21% of the total [7]. - The mineralization is believed to be hosted primarily in monazite, which may allow for simpler extraction and processing techniques compared to other complex mineralogies [4][7]. Exploration Strategy - Amaroq plans to conduct further exploration, including scout drilling in 2026, to assess the full potential of the Nunarsuit REE prospect [5][10]. - A systematic sampling campaign will be designed to quantify the grade and distribution of REEs across the pegmatite outcrops, including channel sampling and targeted grab samples [11]. - Comprehensive mineralogical studies are planned to confirm the mineral hosts of the REEs and guide preliminary metallurgical testwork [12]. Geological Context - The Nunarsuit intrusive complex has seen limited historical exploration for REEs, despite its geological potential, which includes the presence of monazite and REE-rich apatite [9][17]. - The Gardar Igneous Province, where Nunarsuit is located, is known for significant REE deposits, including Kvanefjeld and Tanbreez, which have drawn international attention as strategic sources of critical minerals [15][16]. - Amaroq's exploration team is leveraging analogues from both granite pegmatite REE deposits and Gardar-style alkaline complexes to interpret the Ilua findings [17]. Future Plans - The immediate next steps involve detailed data collection and analysis to determine the economic potential of the mineralization [10]. - Ground geophysical surveys will be assessed to investigate the subsurface continuation of the pegmatite zone, employing techniques such as magnetics and radiometrics [13]. - The company is considering deploying a rig for scout drilling in early 2026 to gather data on the depth potential and zonation of the pegmatite system [14].