# Borunum lokið í Nanoq – jákvæðar niðurstöður úr málmvinnsluprófunum Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/borunum-loki-i-nanoq-ja-kv-ar-ni-ursto-ur-u-r-ma-lmvinnslupro-funum--c0e44e8f-8d84-4032-b621-b3d63345f9b9 Original source: https://www.londonstockexchange.com/news-article/AMRQ/borunum-loki-nanoq-j-kv-ar-ni-urst-ur-r-m-lmvinnslupr-funum/17813986 Publisher: lse Original announcement: 2026-10-01T05:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T07:06:54.845Z Atlas analysis updated: 2026-10-01T07:06:54.845Z - Company: Amaroq Ltd. - Ticker: AMRQ - Exchange: LSE - Region: South Greenland - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Metallurgy, Other - Extracted: 2026-10-01 07:06:55 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Amaroq Ltd. has completed its 2026 drilling program at the Nanoq project in South Greenland, totaling 4,728.9 metres across 33 holes. Additionally, metallurgical testing conducted by SGS Lakefield showed excellent gold recovery rates of 97-99%, supporting the potential for future ore processing at the Nalunaq mine. Reasoning: The announcement reports highly positive metallurgical recovery results for gold \(97-99%\) and the completion of a significant drilling campaign, though specific assay grades for the new holes are not yet available. - Positive factor: High gold recovery \(97-99%\) - Positive factor: Metallurgical results support future processing at Nalunaq - Positive factor: Completion of 2026 drilling program - Positive factor: Infrastructure development underway - Negative factor: Drill assay results for 2026 are still pending Facts used in scoring: 1 ## Classification and evidence **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Gold recovery of 97-99% is at the exceptional tier for gold processing. Evidence · text > Heildarendurheim \(recovery\) gulls nam um 97-99%. **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release names SGS Lakefield as the laboratory and includes a Qualified Person \(James Gilbertson\) sign-off. Evidence · text > Prófanir sem SGS Lakefield framkvæmdi benda til þess að málmgrýti af Nanoq-svæðinu henta vel til vinnslu í Nalunaq. **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: James Gilbertson, CGeol, is explicitly named as the Qualified Person reviewing the results. Evidence · text > The technical information presented in this press release has been reviewed and approved by James Gilbertson, CGeol, Vice President Exploration of Amaroq and a Chartered Geologist with the Geological Society of London, who is a Qualified Person as defined by National Instrument 43-101. **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 1. Some facts used in scoring do not have a stored record. ## Metallurgical Results (1) ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/borunum-loki-i-nanoq-ja-kv-ar-ni-ursto-ur-u-r-ma-lmvinnslupro-funum--c0e44e8f-8d84-4032-b621-b3d63345f9b9#fact-metallurgical-facts-0) Nanoq · gold #### Identity - Project: Nanoq - Commodity: gold - Region: south greenland - Reported Region: South Greenland - Ticker: AMRQ #### Test Work - Program Status: preliminary - Test Type: unspecified - Processing Route: unspecified - Sample: Nanoq ore for future processing at Nalunaq #### Recovery - Recovery: 98 % - Recovery Basis: actual\_test #### Lab - Laboratory: SGS Lakefield #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Reported gold recovery of 97-99% is exceptionally high for gold processing. - Positive factor: Exceptional recovery range \(97-99%\) Evidence · text > Heildarendurheim \(recovery\) gulls nam um 97-99%. #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 98% is at or above the exceptional band \(95%\) ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.