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AEX Gold, Inc. ( (TSE:AMRQ) ) just unveiled an announcement.
Amaroq Minerals Ltd. has been awarded the Johan Dahl Land licence, expanding its presence in the South Greenland Copper Belt, a region with high potential for copper-gold mineralization. The initial exploration at the Ukaleq Target within this newly acquired area revealed promising results with gold grades up to 12.3 g/t and copper grades up to 5.1%. This expansion increases Amaroq’s strategic metal portfolio and positions the company more prominently within the emerging exploration district of Southern Greenland. The company plans to further its exploration efforts through geophysical surveys and advanced geochemical sampling to refine drill targets and identify additional mineralized systems, contributing to Greenland’s sustainable economic development.
More about AEX Gold, Inc.
Amaroq Minerals Ltd. is an independent mining development company focused on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The company’s principal asset is a 100% interest in the Nalunaq Gold mine. Its portfolio includes gold and strategic metal assets in Southern Greenland, covering two known gold belts and advanced exploration projects such as the Stendalen and Sava Copper Belt, targeting strategic metals like Copper, Nickel, and Rare Earths.
YTD Price Performance: -2.60%
Average Trading Volume: 36,766
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$743.7M
Find detailed analytics on AMRQ stock on TipRanks’ Stock Analysis page.
