The two mineral licences comprise Nunarsuit and Paatusoq West. Credit: Herbert Aust from Pixabay.

Amaroq Minerals has been awarded two new mineral exploration licences, covering a total area of 1,916.81km², by the Government of Greenland.

The licences increase the company’s total land package in Greenland to 9,785.56km², making Amaroq the largest mineral exploration licence holder in the country.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The two licences consist of Nunarsuit and Paatusoq West.

The Nunarsuit licence connects the copper prospectivity seen at the Sava licence to the historical Josva copper mine in the Kobbermineburgt licence.

It also comprises the Nunarsuit intrusion, an unexplored rare earth elements (REE) district within the Gardar province.

The Paatusoq West licence covers the western extension of the Paatusaq Gardar intrusion.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This intrusion is prospective for REE and other critical metals.

Amaroq said the two licences will increase its total licence package to cover the majority of the strike of the South Greenland copper/iron oxide copper gold (IOCG) belt.

Amaroq CEO Eldur Olafsson said: “The exciting award of two new, highly prospective mineral licences is further evidence of our continued long-term vision for the Greenlandic mining sector and commitment to Greenland as a strategic supplier of essential critical minerals.

“This development is fully aligned with our strategy of securing exploration rights across South Greenland’s gold and critical mineral belts, complementing our existing portfolio. We intend to pursue new significant copper and critical mineral discoveries across these licenses with our joint venture partner, GCAM.”

Amaroq said it now owns a majority of the newly defined South Greenland copper tract under licence. This spans from Kobberminebugt in the west to North Sava in the east.