Amaroq Minerals Forms Strategic Joint Venture to Boost Greenland Mining Sector

An update from AEX Gold ( (TSE:AMRQ) ) is now available.

Amaroq Minerals Ltd. has announced the formation of a joint venture company, Suliaq A/S, with JLE Group Ltd., a UK-based family office focused on the construction industry. JLE will invest up to £12.0 million in the venture, which aims to provide essential services and assets to Greenland’s mining sector. The joint venture will support Amaroq’s operations and the broader mining industry in Greenland by acquiring and providing access to equipment and services such as drill rigs, helicopters, and mining equipment. This strategic move positions Amaroq to capitalize on the growing interest in Greenland’s mining, energy, and infrastructure sectors, potentially creating significant value for shareholders and the local community.

More about AEX Gold

Amaroq Minerals Ltd. is an independent mine development corporation focused on the exploration and development of gold and strategic metal properties in South Greenland. The company owns a 100% interest in the Nalunaq Gold mine and has a portfolio of assets covering known gold belts and strategic metal exploration projects in the region.

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