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Amaroq Minerals Gears Up for Greenland Gold Production
Company Announcements

Amaroq Minerals Gears Up for Greenland Gold Production

AEX Gold, Inc. (TSE:AMRQ) has released an update.

Amaroq Minerals Ltd. has announced a Capital Markets Day event to update investors on progress at their Nalunaq project in South Greenland, with first gold pour expected in Q4 2024 and operations transitioning towards clean energy sources. The company’s development activities are advancing, targeting an initial mining rate of 40-60 tonnes per day, and increasing to 130-150 tonnes by the second half of 2025. Additionally, Amaroq is focusing on local supplier development and broader exploration for strategic minerals in the region.

For further insights into TSE:AMRQ stock, check out TipRanks’ Stock Analysis page.

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