tiprankstipranks
Company Announcements

Amaroq Minerals Reports Promising 2024 Exploration Results at Nalunaq

Story Highlights
Amaroq Minerals Reports Promising 2024 Exploration Results at Nalunaq

AEX Gold, Inc. ( (TSE:AMRQ) ) just unveiled an update.

Amaroq Minerals Ltd., a company involved in mineral exploration, has announced the results of its 2024 exploration program at the Nalunaq site. The program focused on expanding the Mountain Block and the Target Block Extension, with significant drilling and sampling efforts both underground and on the surface. The findings revealed high-grade gold intersections, particularly in the Mountain Block, and indicated potential for further resource growth to the west. These results will be integrated into an updated Mineral Resource Estimate, with plans for continued exploration in 2025 to refine geological models and enhance mining operations.

More about AEX Gold, Inc.

YTD Price Performance: -6.25%

Average Trading Volume: 30,502

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$715.9M

For a thorough assessment of AMRQ stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App