Announcement • Jun 29
Amaroq Ltd Commences Drilling At Ilua Rare Earth Project in South Greenland Amaroq Ltd. announced the commencement of drilling at the Ilua Pegmatite rare earth element prospect, within the Nunarsuit licence area in South Greenland, held within the Gardaq Joint Venture. The programme marks the first of the Company’s 2026 exploration campaigns and represents the next phase of evaluation of one of Greenland’s emerging conventional rare earth element targets. The 2026 programme is designed to test three initial scout drill targets, distributed along the Ilua Pegmatite Zone, a prospective, conventional rare earth element-hosting system, extending for at least 5km of strike. Drilling will be supported by detailed geological mapping, channel sampling, and mineralogical studies aimed at further defining the geometry, continuity, and rare earth mineralogy of the system. The analysis will also start to define the economic potential and best commercialisation options. Previous exploration at Ilua identified significant rare earth element enrichment within a series of pegmatite bodies, exposed at surface across the southern part of the licence area. In 2025, surface sampling returned grades of up to 2.3% total rare earth oxides, with approximately 27% comprising valuable heavy rare earth elements and with favourable distribution of critical magnet rare earths, including neodymium, praseodymium, dysprosium and terbium, exhibiting low radionuclide contents, below the Greenland government’s regulatory threshold. The current programme is intended to provide the first subsurface assessment of these targets and advance the Company’s understanding of the scale and economic potential of the mineralised system. Provisional mineralogical studies have confirmed the presence of several easily processable and high value rare earth element-bearing minerals including britholite (rare earth element-rich apatite), monazite, and zircon. Ongoing mineralogical studies indicate the rare earth element mineralisation may be hosted within more conventional rare earth element-bearing minerals, including monazite. Monazite is one of the world's most important commercial rare earth element minerals and forms the basis of several advanced and producing rare earth element projects globally, including Mt Weld in Australia, Eneabba in Australia and Steenkampskraal in South Africa, providing encouragement that the Ilua Project may offer a more straightforward development pathway, than some of the more mineralogically complex rare earth element projects elsewhere within the Gardar Province. Announcement • Jun 11
Amaroq Ltd. Confirms Production Guidance for the First Half of 2026; Reiterates Production Guidance for the Fiscal 2026 Amaroq Ltd. confirmed production guidance for the first half of 2026. For the first half, the company confirmed the production range of between 7,000 and 10,000 oz of gold.
The Company reiterated fiscal 2026 gold production guidance of 25-35 koz. Announcement • May 14
Amaroq Ltd. Reiterates Production Guidance for the Full Year of 2026 Amaroq Ltd. reiterated production guidance for the full year of 2026. For the period, the Company reiterates FY2026 gold production guidance of 25 koz to 35 koz and confirms current trading in line with this range, with production expected to be weighted towards the second half of 2026, following commissioning of the flotation circuit. 
