08:42 AM EDT, 05/13/2025 (MT Newswires) -- Amaroq Minerals ( AMRQF ) provided on Tuesday an update on the 2024 exploration results across its Gardaq AS joint venture in Greenland.

The company said it completed an exploration program across seven licenses held under the joint venture. Drilling further expanded the company's geological understanding of the critical metals hosting across South Greenland.

"While not every drill target yielded economic results, each program delivered valuable geological insights that are sharpening our focus on the most promising opportunities," said James Gilbertson, vice president of exploration for Amaroq. "Key highlights include the discovery of new porphyry and epithermal systems, confirmation of a cobalt-rich nickel-copper target at Stendalen, and strong early results at Ukaleq - all reinforcing South Greenland's untapped potential."

The company also submitted three new license applications across Greenland, targeting copper, gold, and rare/critical earth elements.

Amaroq also appointed Steve Garwin as chief technical advisor for epithermal and porphyry systems at Gardaq.

The company's share price dropped 1.1% at last look to 84.11 GBP on the LSE.