Award of two further mineral exploration licences in South Greenland

Total land package increases to 9,785.56 km2

TORONTO, ON / ACCESSWIRE / October 31, 2023 / Amaroq Minerals Ltd. (TSXV:AIM)(NASDAQ First North:AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets in South Greenland, announces the significant expansion of its mineral license holding following the granting of two new mineral exploration licences by the Government of Greenland.

Highlights

Two new mineral exploration licences awarded, totalling 1,916.81 km2 focusing on extensions of Amaroq Minerals existing strategic mineral exploration licenses.
New land package increases the Corporation's total licence holding to 9,785.56 km2, making the licence holding the largest of any mineral exploration company in Greenland.
Newly awarded exploration ground will increase the Company's total licence package to cover the majority of the strike of the emerging South Greenland copper / Iron Oxide Copper Gold (IOCG) belt.
Eldur Olafsson, CEO of Amaroq, commented:

"The exciting award of two new, highly prospective mineral licenses is further evidence of our continued long term vision for the Greenlandic mining sector and commitment to Greenland as a strategic supplier of essential critical minerals. I am very pleased to confirm Amaroq's status as Greenland's largest license holder, now holding under concession the majority of the region's emerging IOCG and copper belt. see & read more on
https://www.accesswire.com/797894/amaroqbecomeslargestlicenceholderingreenland