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AEX Gold, Inc. ( (TSE:AMRQ) ) has issued an announcement.
Amaroq Minerals Ltd. has announced significant findings at its Eagle’s Nest exploration project within the Nanortalik Gold Belt in Southern Greenland. The recent sampling campaign confirmed high-grade gold, with results showing up to 54.5 g/t Au in identified quartz veins. This discovery aligns with the company’s strategy to develop satellite targets to support the Nalunaq processing facility, enhancing Amaroq’s resource development strategy and strengthening its position in the gold mining industry. The Eagle’s Nest project, one of nine satellite targets near Nalunaq, exemplifies the potential for significant orogenic gold deposits and underscores Amaroq’s commitment to expanding its operations in the region.
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 Southern Greenland. The company holds a 100% interest in the Nalunaq Gold Mine and has a portfolio of gold and strategic metal assets across the region, exploring for minerals like copper, nickel, and rare earths.
YTD Price Performance: 30.0%
Average Trading Volume: 35,443
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$570.4M
Find detailed analytics on AMRQ stock on TipRanks’ Stock Analysis page.