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The latest announcement is out from AEX Gold ( (TSE:AMRQ) ).
Amaroq Ltd. announced significant progress in its operations at the Nalunaq Gold mine during the third quarter, surpassing its annual gold production target of 5,000 ounces ahead of schedule. The company plans to update its production goals following a scheduled four-week processing halt in October, during which automation and construction phases will be completed. Additionally, ongoing surface and underground drilling aim to expand the mine’s resource base, with results expected in early 2026. These developments position Amaroq favorably within the industry, potentially enhancing its market standing and stakeholder value.
More about AEX Gold
Amaroq Ltd. is focused on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The company’s primary asset is a 100% interest in the Nalunaq Gold mine. Amaroq holds a portfolio of gold and strategic metal assets in Southern Greenland, covering two known gold belts and advanced exploration projects for strategic metals such as Copper, Nickel, and Rare Earths.
For detailed information about AMRQ stock, go to TipRanks’ Stock Analysis page.