AEX Gold, Inc. ( (TSE:AMRQ) ) has shared an announcement.
Amaroq Minerals Ltd. announced a significant update to the Mineral Resource Estimate for the Nalunaq gold mine, reporting a 51% increase in contained gold and the introduction of a maiden Indicated Mineral Resource category. This update, which incorporates extensive new data and drilling results, extends the potential mine life from approximately 6 to 10 years and supports future project development and strategic planning. The enhanced resource estimate underscores Amaroq’s commitment to ongoing exploration and positions the company for further growth, potentially delivering long-term value to shareholders.
More about AEX Gold, Inc.
Amaroq Minerals Ltd. is an independent mine development corporation focused on unlocking Greenland’s mineral potential, primarily through the exploration and development of the Nalunaq gold mine.
YTD Price Performance: -7.81%
Average Trading Volume: 29,954
Technical Sentiment Signal: Sell
Current Market Cap: C$703.9M
For detailed information about AMRQ stock, go to TipRanks’ Stock Analysis page.