Amaroq (LSE:AMRQ) has completed its 2026 resource drilling programme at the Nanoq Gold Project in South Greenland, drilling 4,728.9 metres across 33 holes focused on infilling the Central Zone ahead of a planned maiden Mineral Resource Estimate.
Visible gold and copper sulphides turned up in roughly 88% of holes, consistent with mineralisation seen in 2024 and 2025, though assay results remain pending.
Metallurgical test work carried out by SGS Lakefield found that Nanoq mineralisation is amenable to processing using the existing Nalunaq flowsheet, with overall gold recoveries of approximately 97-99%.
Nanoq sits roughly 130km northeast of the Nalunaq gold mine, Amaroq's sole producing asset, on the Nanortalik Gold Belt, and is being evaluated as a potential future high-grade feed source for the Nalunaq processing plant; in 2025 drilling at the Central Zone returned intersections including 187.4g/t gold over 1.5 metres and extended the interpreted strike to approximately 1.5km, while identifying the parallel West 1 Zone 500 metres to the west.
Amaroq has also started building site infrastructure at Nanoq, including a beach landing facility and starter access track intended to improve access for potential bulk sampling and further drilling.
"The metallurgical results are also very encouraging, demonstrating strong gold recoveries using a flowsheet consistent with that at Nalunaq," said chief executive Eldur Ólafsson, adding that the results and new infrastructure "provide the basis for bulk sampling Nanoq ore at Nalunaq towards the end of 2027 or into 2028."
The Central Zone drilling and step-out testing to the south and at West 1 are intended to build toward Nanoq's first Mineral Resource Estimate, a milestone management has flagged for later in 2026.
Assay results from the 2026 programme will be released as they become available, feeding into continued geological modelling of the deposit.