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An update from AEX Gold, Inc. ( (TSE:AMRQ) ) is now available.
Amaroq Minerals Ltd. announced the discovery of two high-grade gold-bearing quartz veins at Eagle’s Nest within the Anoritooq exploration license in Greenland’s Nanortalik gold belt. This discovery supports their exploration strategy and highlights the potential for further resource development near the Nalunaq mine, strengthening their operational foothold in Southern Greenland. The results suggest significant geological similarities to the Nalunaq mine, making Eagle’s Nest a key target in Amaroq’s portfolio. This advancement is part of Amaroq’s broader strategy to optimize resource utilization and enhance regional production capacity by leveraging existing infrastructure, with plans to further define and explore these veins in 2025.
More about AEX Gold, Inc.
Amaroq Minerals Ltd. is engaged in the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The company is focused on the Nalunaq Gold Mine and holds various gold and strategic metal assets across the region, exploring for minerals such as 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
See more data about AMRQ stock on TipRanks’ Stock Analysis page.
