By A.J. Roan
Mining News 

Very high-grade gold deposit in Greenland

Nalunaq project now sits within top 2% of global gold grade North of 60 Mining News – September 9, 2022

 

Last updated 9/8/2022 at 12:42pm

Greenland capital Nuuk is home to some 18,800 residents.

Wikimedia Commons

Despite the harsh northern conditions of Greenland, contrary to its name, the capital Nuuk, is home to some 18,800 residents and is part of the Kingdom of Denmark.

Amaroq Minerals Ltd. Sept. 6 announced an updated mineral resource estimate that shows its flagship Nalunaq project in Southern Greenland hosts one of the highest-grade gold deposits on Earth.

Nalunaq is home to a past-producing underground gold mine that produced roughly 350,000 ounces of gold between 2004 and 2009. Due to falling gold prices, financial difficulties, and a lack of exploration,...



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