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AEX Gold, Inc. ( (TSE:AMRQ) ) has provided an announcement.
Amaroq Minerals Ltd. announced the acquisition of a new exploration license in Johan Dahl Land, significantly expanding its operations in the South Greenland Copper Belt. The new license, covering 666.51 km², enhances Amaroq’s exploration potential in the region, which is known for its critical mineral resources. Initial sampling in the area revealed promising gold and copper grades, suggesting a robust mineralizing system. This development strengthens Amaroq’s position in the industry, offering new opportunities to contribute to the global supply of essential metals and support Greenland’s sustainable economic development.
More about AEX Gold, Inc.
Amaroq Minerals Ltd. is focused on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The company holds a 100% interest in the Nalunaq Gold mine and has a portfolio that covers the known gold belts in the region, along with exploration projects for strategic metals like copper, nickel, and rare earths.
YTD Price Performance: -2.60%
Average Trading Volume: 36,766
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$743.7M
For an in-depth examination of AMRQ stock, go to TipRanks’ Stock Analysis page.
