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Amaroq Ltd. ( (TSE:AMRQ) ) just unveiled an announcement.
Amaroq Ltd. has reported significant exploration results from its Minturn prospect in northwest Greenland, where recent work has confirmed a large iron oxide system with surface magnetite samples grading up to 69.5% iron over a roughly 9 km trend within an 80 km-long mineralised corridor. The exceptionally high iron grades, combined with low impurity levels, indicate potential for direct shipping ore suitable for direct reduced iron products, while geophysical and geochemical data point to associated copper and gold mineralisation consistent with a Kiruna-style Iron Oxide Copper Gold system, which could elevate Minturn into a multi-commodity, internationally significant discovery; on the back of these findings, Amaroq is advancing an intensive 2026 campaign of scout drilling, mapping and geophysics to define the system’s scale and economic potential, reinforcing Greenland’s emerging role as a source of large critical mineral deposits and potentially reshaping the company’s growth pipeline beyond gold.
More about Amaroq Ltd.
Amaroq Ltd. is an independent mine development company focused on unlocking Greenland’s mineral potential, expanding beyond its traditional gold focus into critical and strategic minerals. Through its strategic joint venture company Gardaq, Amaroq is building a portfolio of projects in frontier regions of Greenland, targeting large-scale, high-grade deposits that can supply iron and other key commodities to global markets.
Learn more about AMRQ stock on TipRanks’ Stock Analysis page.