Member Info for Jigger_1

#AMRQ

Nice bit of PR from the Daily Mail👀👇

SMALL CAP MOVERS: Greenland miner Amaroq gets renewed exposure

https://www.thisismoney.co.uk/money/markets/article-15491649/SMALL-CAP-MOVERS-Greenland-miner-Amaroq-gets-renewed-exposure.html

Market yet to catch up with the Minturn discovery RNS (in addition to everything else) 😉

IMHO

Why do Amoroq call the Minturn dicovery a ‘Kiruna style’ deposit?👇

Size – Kiruna in Sweden holds the worlds largest underground iron ore mine.

In fact, they had to physically transport their own town church circa 5 km by road, to access the deposit further:

https://www.youtube.com/watch?v=BVwkyRBjaBU

Don’t think the market has recognised the huge potential here yet!😉

SP should be a lot higher.👇

Macro:

– No invasion of Greenland confirmed & now negotiations to acquire control = More capital going into Greenland by USA and\or EU\UK

- Commodity bull market cycle

- High gold prices

Micro:

- Nalunaq producing and due to increase significantly in short term

- Nanoq a Tier 1 discovery?

- Ongoing financing discussions with investors, US, EU etc

- Ongoing district scale assay & exploration upside

- Mining infrastructure implementation, improvement & monopoly

- Black Angel Mine reconstruction

- Minturn a Tier 1 discovery?

Plus, lots more in the pipeline.

Still just getting started.😉

IMHO

#AMRQ

So what does (one of the very few) Tier 1 high grade iron ore mines look like? 🤔

Ever heard of Project S11D…..have a look a the below:👀👇

https://en.clickpetroleoegas.com.br/a-maior-descoberta-mineral-do-seculo-no-brasil-tem-10-bilhoes-de-toneladas-de-minerio-custou-mais-de-us-14-bilhoes-e-fica-no-coracao-da-amazonia-btl96/

The scale and numbers involved are huge!

If Minturn’s Tier 1 size and grade is confirmed – this could be a company game changer! 😃

IMHO

#AMRQ

New corporate presentation 👇

https://ml-eu.globenewswire.com/Resource/Download/d69fb526-a3d0-463e-a030-0e74a3045412

It’s big!

Denmark’s investment fund plans to increase investments in Greenland and has a “huge appetite” to do more in the Arctic island that has been thrust into the spotlight by US President Donald Trump’s threats to acquire it.

The chief executive of the state-owned Export and Investment Fund of Denmark (EIFO) said it had hundreds of millions of euros to deploy this year and would allocate a “significant amount” of that to Greenland’s critical minerals and energy sectors.

“We have a huge appetite to do more” in Greenland, Peder Lundquist told the FT, adding that there was a “good pipeline” of potential investments in the territory…

...EIFO has four equity investments in Greenland, including in London-listed Amaroq Minerals, which started gold production in 2024 and is exploring for other minerals including nickel, which is used in batteries that power electric vehicles. Its other investors include the Louis-Dreyfus family.

EIFO has also provided $36mn in the form of guarantees and loans to groups in the territory, including to London-listed GreenRoc Strategic Minerals, which is seeking to reopen an old graphite mine.

https://www.ft.com/content/07f9879b-9f06-4b81-b41f-7822ed3797c4

CEO Eldur Olafsson of Amaroq Ltd., the company behind one of the two active mines, argues his company’s gold mine in southern Greenland proves that Greenlandic mining operations are possible with the right approach.

“Denmark is not really a resource-driven country, so the capital support up until this date has not been enough to get more mining going,” Olafsson told NBC News. “For mining you need more than money. You also need people. You need to physically move people and build infrastructure, make roads, bridges, harbors, all of these different things.”

Even Greenland’s harsh climate and sparse population — around 60,000 people live across the territory — do not dissuade Olafsson. “It’s important to remember that Alaska, Canada, Norway, Sweden and Russia all have mines, some very big mines, across the Arctic region. These are among the best mines you can find in the world.”

“We always need new mining areas, or we need to reprocess metal, to have enough metal for the revolution that is coming, which is AI and similar technology.” Olafsson said.

https://www.nbcnews.com/tech/innovation/greenland-rare-earths-critical-minerals-rcna254177

Eldur generating further great PR through NBC news

(Worth noting that NBCnews.com has circa 100 million unique users per month)

Here are five companies with active Greenland projects that have drawn investor interest (data as of January 15, 2026, per Yahoo Finance, company websites, and SEDAR filings):

Amaroq Minerals Ltd (AMRQ.V / AMRQ AIM) – Price ~CA$1.96, Market Cap ~CA$639.7 million.

Amaroq focuses on gold and strategic metals in southern Greenland. The Nalunaq gold project has a resource of 263,000 oz indicated at 18.7 g/t and 87,500 oz inferred at 20.2 g/t (company NI 43-101, updated 2024). 2025 drilling expanded high-grade zones, with 2026 catalysts including feasibility and construction decision. Strong balance sheet with ~CA$50M cash post-financing (Q3 2025 MD&A). Undervalued on EV/oz basis relative to Canadian gold peers.

https://www.canadianminingreport.com/blog/5-mining-stocks-investors-are-watching-as-greenland-draws-attention

Historically high gold prices push Amaroq's valuation up by nearly thirty percent

- Amaroq cash flow to ‘very rapidly increase’ in near future

- British investment bank ‘significantly increased their valuation’

- Advising investor clients to ‘add shares’

https://www.visir.is/g/20262828981d/sogu-lega-hatt-gull-verd-ytir-upp-verdmati-a-amaroq-um-naerri-thrja-tiu-pro-sent

As Trump Zeroes In on Greenland, This Could Be the 1 Top Stock to Buy

‘Amaroq (AMRQF) is stepping into the limelight amid a growing strategic focus by the U.S. government regarding Greenland…

...At the center of the U.S. discussion currently is Greenland, and Amaroq represents one of the few publicly listed names that can take advantage.’

https://www.barchart.com/story/news/37001557/as-trump-zeroes-in-on-greenland-this-could-be-the-1-top-stock-to-buy

US Barchart.com – circa 4 million monthly users & over 200k daily newsletter readers.

Not bad PR.

A cold gold rush? The race for the Arctic’s critical minerals is heating up

Published Thu, Nov 20 2025

‘Amaroq is also working to exploit some of Greenland’s resources. Amaroq CEO Eldur Olafsson said the firm’s recent discovery of high-grade rare earths in southern Greenland “means a lot to us.”

The project, which will take several years to develop, marked the firm’s first foray into the rare earths space as it expands its interests beyond gold and other strategic minerals.

Just one week after unveiling its rare earths discovery, the company on Nov. 11 confirmed commercial levels of germanium and gallium at its west Greenland hub, a development that Olafsson said could prove to be even more strategically significant.’

“The germanium, gallium piece is, in my opinion, much bigger news than people understand,” Olafsson told CNBC by video call.

https://www.cnbc.com/2025/11/20/rare-earths-the-race-for-the-arctics-critical-minerals-is-heating-up.html

Greenland PM aims to develop its rare earths with democratic nations👇

https://asia.nikkei.com/editor-s-picks/interview/greenland-pm-aims-to-develop-its-rare-earths-with-democratic-nations

The Global Rush For Greenland 👇

‘While North America may be geographically closer, Strangsbjerg sees a new openness and warmth in Greenland’s recent dealings with the Europe. The EU’s decision to open an office in Nuuk is a clear sign of that shift. “The dialogue is growing stronger,” he says. “Though it is of course clear that the EU has its own interests here – a lot of them having to do with critical minerals.”

In May 2025, Greenland’s Minister of Foreign Affairs Vivian Motzfeldt visited Brussels, to announce that Greenland wished to strengthen its ties with the European Union, as reported by Reuters. She stated that the relationship should become more visible and highlighted the development of Greenland’s critical mineral industry as a key area for cooperation.’

https://revolve.media/dossier/the-global-rush-for-greenland

New REE discovery presentation:

- TREO values of 1.45–2.31% with significate HREE enrichment. These results indicate a significant High Field Strength Element (HFSE) system

- Consistent NdPrDyTb proportions (18–22% of TREO) highlight favourable magnet-REE potential

- The Company will also assess the potential for high grade mineral sands in the area

‘The Company believes that the Gardar province’s western extent, where Nunarsuit is located, has been under-explored for REEs, and the Ilua Pegmatite discovery may open up a new frontier in REE exploration in Greenland’

https://wp-amaroq-minerals-2024.s3.eu-west-2.amazonaws.com/media/2025/11/Ilua-Pegmatite-Zone-Introduction-1-1.pdf

Just been messaging Charles about the REE discovery and my response below:

Charles:

‘The strategic significance is in the potential US government support. Tanbreez (Critical Metals - don't ask TM1 investors) has it already - and Eldur is in talks with state actors on all sides.

On pure geological implications, it's highly significant as it marks Amaroq first confirmed high-grade rare earth element occurrence in South Greenland. The Ilua Pegmatite Zone’s grades of up to 2.31% TREO and monazite-hosted mineralisation suggest potentially simpler, lower-uranium processing compared to other Greenland deposits (hint hint). Given Nunarsuit’s location within the Gardar Igneous Province, this find positions Amaroq to become an early mover in Greenland’s REE supply chain.

Caveat that it is early days though’

My reply:

Charles - great point.

Greenland banned uranium mining in 2022 for any uranium mineral content over 100 ppm (hence governent ban on the Kvanefjeld REE project).

So AMRQ’s REE project could potentially steal a march on the other projects, due to its lower uranium content.

Further exploration results on the REE’s here should be very interesting.

Thanks

m - i'm not sure lse will edit the link out but it's below:

*************aexgold

if it doesn't work - request it on the ask charles tg group and i'll post it for you :)

New 2025 Satellite Gold Exploration Results Presentation

https://wp-amaroq-minerals-2024.s3.eu-west-2.amazonaws.com/media/2025/10/2025-Satellite-Gold-Exploration-Results.pdf

Lot’s more detail here (credit to Oqaloq from the TG group)

New Gold Discoveries Across Greenland with Grades up to 38.7 g/t Au

- ‘New high-grade gold discovery at Vagar: up to 28.6 g/t Au over a 2 km ridge’

- ‘Gold-copper system discovered at Anoritooq: ...with results up to 38.7 g/t Au and 1.98% Cu’

https://www.londonstockexchange.com/news-article/AMRQ/new-gold-discoveries-across-greenland-with-grades-up-to-38-7-g-t-au/17298157

These new gold discovery grades are excellent

'This update covers targets outside of the flagship Nalunaq Mine and the Nanoq advanced exploration project, with those results to be reported in future announcements once assay results are received before year end.'

New’s still to come in the next few weeks on Nalunaq and Nanoq (which could be a beast) – watch this space!

‘At Nanoq, the 4,804 m drilling programme was completed on schedule. Core is being logged and sampled for assay, with initial results expected during Q4 2025’

https://polaris.brighterir.com/public/amaroq_minerals/news/rns/story/x847jow

I think any positive assay results from Nanoq this quarter could really make the SP move significantly.

Didn’t Eldur comment that Nanoq could potentially be even bigger than Nalunaq – the results should be very interesting!

‘With gold production running ahead of expectations, updated year end 2025 production guidance will be published once the period of shutdown is confirmed, around the time of the Q3 2025 results on 14th November 2025…

...Satellite gold exploration around Nalunaq, along with copper and critical metals programmes, has been completed, with assays pending.’

https://polaris.brighterir.com/public/amaroq_minerals/news/rns/story/x847jow

‘Running ahead of expectations’!

News should be coming very soon – watch this space!