RE: The Global Rush For Greenland6 Nov 2025 19:16
Ice- “Normally when there is positive outcome there will be an immediate NR”
Not where a producer in concerned now as is AMRQ, an explorer will typically even use individual drill results as part of their PR stratergy to rally the ‘capital’ market as most junior explorers typically do not have an income stream and rely on raising capital from the market for the next exploration phase.
What is far more important now they will focus toward are the more routine annual MRE updates. MRE4 for example was reported using a cut-off grade of 5.9 g/t Au, now with mining and processing costs better understood as the plant has been in sustained production since last update. Resource classification in MRE5 will also see more upgrading, focused around the areas of the highest confidence in data. There will be an update in the cut-off grade calculations in MRE5 that will incorporate the revised gold price forecasts and those operating costs.
As exploration goes at Nalunaq, the framework is already there to be drilled out and bought into the resource model and mine plan, currently stands at 10 yrs mining in MRE4, but in total, the combined Exploration Target for Nalunaq is estimated to be between 600,000 and 2.3 million tonnes at 10 to 30 g/t Au, representing a potential contained gold content of approximately 195,000 to 2.3 million ounces as per MRE4.
Producers typically only give updates centering around the mine on drilling and production in their quarterly reports, with annual MRE updates necessary to understand what they need to do next geologically through the next year.
Producers essentially don’t have to worry about the effects of share dilution.