Amaroq pronounces First Underground Mining Blast at Nalunaq

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TORONTO, ONTARIO, April 04, 2024 (GLOBE NEWSWIRE) — (“Amaroq Minerals” or the “Firm”)

Amaroq pronounces First Underground Mining Blast at Nalunaq

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TORONTO, ONTARIO – April 4, 2024 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an unbiased mine improvement firm with a considerable land package deal of gold and strategic mineral belongings in Southern Greenland, is happy to announce that the profitable first underground mining blast at Nalunaq was initiated on Saturday, March 30, 2024 on the 720m degree.

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The primary underground blast, undertaken inside trial mining actions, represents a key step in the direction of full commissioning of the Nalunaq mine and unlocking the mine’s potential to fund exploration and drive progress throughout the Firm’s portfolio in South Greenland.

Eldur Olafsson,
CEO of Amaroq Minerals, commented:

“I wish to congratulate the crew on website at Nalunaq who, working alongside our contractor Thyssen Schachtbau, have reached a milestone second. Work at Nalunaq is progressing to schedule, with rehabilitation works now full as we put together to start trial mining between 100 and 150tpd from Mountain Block.”

Enquiries:

Amaroq Minerals Ltd. 
Eldur Olafsson, Government Director and CEO
eo@amaroqminerals.com 

Eddie Wyvill, Company Growth
+44 (0)7713 126727
ew@amaroqminerals.com

Stifel Nicolaus Europe Restricted (Nominated Adviser and Joint Dealer)
Callum Stewart
Varun Talwar
Simon Mensley
Ashton Clanfield
+44 (0) 20 7710 7600 

Panmure Gordon (UK) Restricted (Joint Dealer)
Hugh Wealthy
Dougie Mcleod
+44 (0) 20 7886 2500

Camarco (Monetary PR)
Billy Clegg
Elfie Kent
Charlie Dingwall
+44 (0) 20 3757 4980 

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For Firm updates:
Comply with @Amaroq_minerals on X (Previously often called Twitter)
Comply with Amaroq Minerals Inc. on LinkedIn

Additional Info: 

About Amaroq Minerals 

Amaroq Minerals’ principal enterprise aims are the identification, acquisition, exploration, and improvement of gold and strategic steel properties in Greenland. The Firm’s principal asset is a 100% curiosity within the Nalunaq Undertaking, a complicated exploration stage property with an exploitation license together with the beforehand working Nalunaq gold mine. The Company has a portfolio of gold and strategic steel belongings in Southern Greenland protecting the 2 recognized gold belts within the area. Amaroq Minerals is included underneath the Canada Enterprise Firms Act and wholly owns Nalunaq A/S, included underneath the Greenland Public Corporations Act.

Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.

Inside Info

This announcement doesn’t include inside data.

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