Amaroq (AMRQ) Corporate Presentation summary

Exploration results and geological insights

• 4,807 metres of diamond drilling across 27 holes tested 600m of strike in the Central Zone, with mineralised intervals averaging 3.3m thickness at 9.98g/t Au and up to 187.4g/t Au over 1.5m at shallow depths.

• 63% of holes intersected mineralisation, confirming thick intersections in both folded quartz veins and host rocks, with mineralisation open along strike, at depth, and in parallel units.

• Mapping extended the interpreted strike of the Central Zone to 1.5km and identified repeat mineralised structures, with high surface grades up to 9.5g/t Au.

• Significant copper mineralisation was also confirmed, with up to 0.56% Cu over 2.46m.

• High-grade gold is confirmed in multiple structural settings, supporting future resource growth.

Technical advancements and modelling

• Fully oriented core and integrated mapping produced a robust 3D geological and mineralisation model for predictive targeting.

• Metallurgical samples were collected for winter testwork, and environmental baseline studies were initiated.

• Geological mapping revealed a folded volcano-sedimentary sequence with key structural traps for mineralisation, resembling saddle reefs seen in major gold camps.

• Initial 3D modelling highlights competency and ductility contrasts, focusing mineralisation in fold hinges and shear zones, with analogies to the Telfer Dome system.

• The deposit is interpreted as a significant orogenic gold system with strong structural control and high-grade potential.

Operational achievements and logistics

• A 45-person exploration camp was constructed, supporting accommodation, maintenance, and core handling, with drill pads erected on 80m centres.

• Drilling was completed using three rigs, with all core oriented and logged on site, enabling real-time adaptation of the programme.

• The camp operated from June to October, with resupply by boat and helicopter.

• Efficient logistics and winterised equipment position the project for a rapid 2026 start.

• Infrastructure solutions, including a potential 3km access road to a harbour site, are under consideration.