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AEX Gold ( (TSE:AMRQ) ) has issued an update.
Amaroq Ltd. announced the discovery of high-grade rare earth element mineralization at the Ilua Pegmatite Zone within its Nunarsuit mineral license area in South Greenland. This marks a significant step for Amaroq into the REE sector, leveraging the region’s rich geological potential. The discovery, featuring a promising mix of heavy and light REEs, positions Amaroq to capitalize on the growing global demand for critical minerals. The company plans further exploration and drilling in 2026 to assess the economic potential of the site, potentially enhancing shareholder value and strengthening its position in the critical minerals market.
More about AEX Gold
Amaroq Ltd. is an independent mining company focused on Greenland, primarily engaged in the exploration and development of mineral resources. The company is expanding its focus beyond gold to include rare earth elements (REEs), with a particular interest in critical minerals.
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