Amaroq Minerals Ltd.

Amaroq Ltd. has completed its 2026 resource drilling programme at the Nanoq Gold Project in South Greenland, with 4,728.9 metres of core drilling across 33 holes focused on infill drilling of the Central Zone to support a planned maiden Mineral Resource Estimate, alongside step-out drilling to the south and at the West 1 target. Approximately 88% of holes intersected visible gold and copper sulphides similar to that observed in 2024 and 2025, with assay results still pending. Metallurgical test work by SGS Lakefield indicates Nanoq mineralisation is amenable to processing at the Nalunaq facility, with total gold recoveries of approximately 97 to 99% using the existing flow-sheet. Construction has also commenced on the Nanoq beach landing facility and starter access track, improving access to the mineralised area. CEO Eldur Ólafsson said the results provide the basis for bulk sampling Nanoq ore at Nalunaq towards the end of 2027 or into 2028, and for further resource and exploration drilling.