Amaroq reports high-grade underground drill hits at Nalunaq gold mine in Greenland

• Amaroq reported high-grade underground drill results at the Nalunaq gold mine, supporting near- and medium-term production planning.
• Average reported grade of 42.8 g/t gold across the Main Vein in the Mountain Block; top hits included 132.5 g/t over 0.5 m.
• Strategy targets a rolling 12-24 month stope inventory drilled ahead of mining to reduce geological risk in a narrow-vein operation.
• Next drilling phase shifts to the planned 810 Level exploration drive to test largely untested western Main Vein areas for near-mine growth.
• Update to the Mineral Resource Estimate, MRE5, expected shortly; these drill results fall outside the MRE5 data cutoff.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amaroq Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607160200OMX_____CNEWS_EN_GNW1001212981_en) on July 16, 2026, and is solely responsible for the information contained therein.