Amaroq confirms high-grade critical minerals at Black Angel mine

Amaroq’s caller re-assay results from bulk samples astatine the Black Angel excavation person confirmed the beingness of high-grade zinc, pb and metallic mineralisation, on with recently identified high-grade captious minerals specified arsenic germanium, gallium and cadmium.

The confirmation of these captious minerals astatine the Black Angel excavation supports the Canada-based company's program to found a semipermanent mining beingness successful Greenland.

Re-assay results from bulk illustration worldly wrong the Black Angel deposit bespeak mean grades of 24.6% zinc, 28.1% pb and 295 grams per tonne (g/t) of silver.

Additionally, commercialized levels of germanium astatine 44 parts per cardinal (ppm), gallium (21ppm) and cadmium (1,328ppm) were identified.

Two of these minerals are listed arsenic captious by some the EU and US governments, and their betterment is expected to adhd important worth to the project.

Based connected preliminary mass-balance assumptions, aboriginal zinc concentrates from the Black Angel excavation whitethorn execute commercialized ore grades of astir 102ppm germanium, 48.5ppm gallium and 3,040ppm cadmium.

Amaroq CEO Eldur Olafsson said: “I americium precise pleased to denote the breathtaking assay results from Black Angel, which corroborate not lone the awesome zinc, pb and metallic grades wrong the existing assets but besides item the beingness of precocious levels of germanium, gallium and cadmium, which we had not expected based connected humanities information available.

"China presently holds important controls connected planetary gallium and germanium proviso chains, accounting for astir 98% of gallium and astir 68% of germanium production, according to the United States Geological Survey.

“In airy of the existent planetary proviso constraints for captious metals specified arsenic germanium and gallium – some captious to AI, defence, renewable vigor and precocious exertion applications – uncovering these elements successful a excavation which has the quality to restart comparatively rapidly underscores the strategical value of Amaroq’s expanding portfolio to Western proviso chains. Together, these results reenforce the beardown imaginable of the Black Angel excavation arsenic Amaroq’s adjacent improvement task successful Greenland.”

Amaroq has besides announced the completion of each conditions precedent relating to the acquisition of the Black Angel mine.

It expects to person last support from the Government of Greenland for the acquisition of the Kangerluarsuk licences successful the 4th fourth of 2025.

Together, these assets are referred to arsenic the West Greenland Hub.

Amaroq stated that these acquisitions volition heighten its pipeline of improvement projects and enactment its strategy to found a semipermanent beingness crossed Greenland’s main mineral belts.