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Amaroq Ltd on Tuesday said it has confirmed high-grade mineralisation of zinc, lead and silver, alongside commercially significant levels of germanium, gallium and cadmium, at its Black Angel mine in Greenland. The Toronto-based mining company with gold and strategic mineral assets in Greenland said re-assayed bulk samples from the Black Angel deposit averaged 24.6% zinc, 28.1% lead and 295 grams per tonne of silver. Commercial grades of germanium, gallium and cadmium were also identified at 44 parts per million, 21 ppm and 1,328 ppm respectively. Amaroq said the results highlight ‘the high-grade nature’ of the deposit and could deliver concentrate grades of up to 102 ppm germanium, 48.5 ppm gallium and 3,040 ppm cadmium in future zinc production; all elements considered critical by the EU and US governments. Chief Executive Officer Eldur Olafsson said the findings ‘underscore the strategic importance’ of the mine and its contribution to Western supply chains for critical minerals. ‘I am very pleased to announce the exciting assay results from Black Angel, which confirm not only the impressive zinc, lead and silver grades within the existing resource, but also highlight the presence of high levels of germanium, gallium and cadmium,’ Olafsson said. ‘In light of the current global supply constraints for critical metals such as germanium and gallium, both vital to AI, defence, renewable energy and advanced technology applications - finding these elements in a mine which has the ability to restart relatively quickly, underscores the strategic importance of Amaroq’s expanding portfolio to Western supply chains,’ he added. The company also said it had completed all conditions precedent for the acquisition of the Black Angel mine, with final approval for the nearby Kangerluarsuk licences expected later this year. Both assets form part of Amaroq’s West Greenland Hub, which will be 100%-owned and separate from its Gardaq joint venture. Amaroq said it expects to begin work on the neighbouring Kangerluarsuk project in 2026, aiming to confirm the continuity of zinc-lead-silver mineralisation identified in past surface sampling. Shares in Amaroq were up 4.6% at 91.50 pence in London on Tuesday afternoon. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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