Amaroq announces First Underground Mining Blast at Nalunaq
04 Aprile 2024 - 8:00AM
UK Regulatory
Amaroq announces First Underground Mining Blast at Nalunaq
TORONTO, ONTARIO, April 04, 2024 (GLOBE NEWSWIRE)
-- (“Amaroq Minerals” or the
“Company”)
Amaroq announces First Underground Mining
Blast at Nalunaq
TORONTO, ONTARIO – April 4, 2024 – Amaroq
Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent
mine development company with a substantial land package of gold
and strategic mineral assets in Southern Greenland, is pleased to
announce that the successful first underground mining blast at
Nalunaq was initiated on Saturday, March 30, 2024 at the 720m
level.
The first underground blast, undertaken within
trial mining activities, represents a key step towards full
commissioning of the Nalunaq mine and unlocking the mine’s
potential to fund exploration and drive growth across the Company’s
portfolio in South Greenland.
Eldur Olafsson, CEO of
Amaroq Minerals, commented:
“I would like to congratulate the team on
site at Nalunaq who, working alongside our contractor Thyssen
Schachtbau, have reached a milestone moment. Work at Nalunaq is
progressing to schedule, with rehabilitation works now complete as
we prepare to commence trial mining between 100 and 150tpd from
Mountain Block."
Enquiries:
Amaroq Minerals Ltd.
Eldur Olafsson, Executive Director and CEO
eo@amaroqminerals.com
Eddie Wyvill, Corporate Development
+44 (0)7713 126727
ew@amaroqminerals.com
Stifel Nicolaus Europe Limited (Nominated Adviser and
Joint Broker)
Callum Stewart
Varun Talwar
Simon Mensley
Ashton Clanfield
+44 (0) 20 7710 7600
Panmure Gordon (UK) Limited (Joint Broker)
Hugh Rich
Dougie Mcleod
+44 (0) 20 7886 2500
Camarco (Financial PR)
Billy Clegg
Elfie Kent
Charlie Dingwall
+44 (0) 20 3757 4980
For Company updates:
Follow @Amaroq_minerals on X (Formerly known as Twitter)
Follow Amaroq Minerals Inc. on LinkedIn
Further Information:
About Amaroq Minerals
Amaroq Minerals' principal business objectives
are the identification, acquisition, exploration, and development
of gold and strategic metal properties in Greenland. The Company's
principal asset is a 100% interest in the Nalunaq Project, an
advanced exploration stage property with an exploitation license
including the previously operating Nalunaq gold mine. The
Corporation has a portfolio of gold and strategic metal assets in
Southern Greenland covering the two known gold belts in the region.
Amaroq Minerals is incorporated under the Canada Business
Corporations Act and wholly owns Nalunaq A/S, incorporated under
the Greenland Public Companies Act.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Inside Information
This announcement does not contain inside
information.
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