AEX Gold Inc. , provides an update on development plans at its Nalunaq property in South Greenland. As previously disclosed, AEX is planning the redevelopment of the Nalunaq mine with the objective of first gold pour by the end of 2021. In January 2021, the government of Greenland implemented a temporary travel ban, initially effective until at least the end of February 2021, although as with many other countries in the [...]
AEX Gold Inc. announces an update to its 2020 exploration campaign at its Kangerluluk property within the Nuna Nutaaq licence. The Kangerluluk gold prospect lies 120 km northeast of AEX's Nalunaq project and within the wider Nanortalik Gold Belt. The prospect is deemed highly prospective by AEX and during 2020 the Company carried out reconnaissance exploration designed to confirm historic grades from the main shear zone [...]
AEX Gold Inc. announces that Jaco Crouse has been appointed as the new Chief Financial Officer of AEX effective immediately, replacing George Fowlie who has stepped down as the CFO but remains on the Board as a Director. The Board intends to propose Mr. Crouse as a director of the Company at the next annual general meeting. Mr. Crouse is a seasoned mining executive with nearly 20 years' experience in financial management [...]
AEX Gold Inc. announces an operational update on the development of the Nalunaq property in South Greenland. The Corporation remains on target and continues to make significant progress on the development of the Nalunaq Project, with the award of key procurement packages. Highlights AEX has selected its contractor for the underground development as part of the exploration program at Nalunaq. AEX and the contractor will [...]
AEX Gold Inc. announces that it has been granted an increase to Mineral Exploration Licence 2020-36 "Anoritooq" by the Mineral Licence and Safety Authority. The amended licence covers 1,889 km2 in South Greenland and is considered prospective for gold, with similarities to AEX's Vagar licence. Highlights An increase to Mineral Exploration Licence "Anoritooq" has been granted for an additional 179 km2 covering an area [...]
AEX Gold Inc. announces that it has been granted a new Mineral Exploration Licence in South Greenland by the Mineral Licence and Safety Authority. The licence covers 335 km2 in South Greenland and is considered highly prospective for multiple commodities including Gold, Copper, Zinc and Molybdenum. Highlights New Mineral Exploration Licence "Kangerluarsuk" has been granted totalling 335 km2 The licence covers granitic [...]
AEX Gold Inc. is pleased to announce that the Company has appointed Rothschild & Co as its retained financial advisor to support the Company as it progresses the development of its asset portfolio. Eldur Olafsson, CEO of AEX, commented: "We are delighted to be have secured the services of Rothschild & Co as strategic advisors to the Company. This important relationship, with an advisory house of Rothschild's calibre and [...]
AEX Gold Inc. announces an update to its 2020 exploration drilling campaign at its Nalunaq property in South Greenland. The results are complementary to the drilling results reported in a previous press release on October 21, 2020. Objective of drilling program To further develop the Company's understanding of the area to the south west of the deposit that is thought to be a parallel structure now known as "Valley Block [...]
AEX Gold Inc. announces its unaudited condensed interim consolidated financial statements for the quarter ended September 30, 2020. All figures are in Canadian dollars unless otherwise noted. The Financial Statements and the accompanying Management Discussion and Analysis are available on the Corporation's website at www.aexgold.com and will be filed under the Corporation's SEDAR profile at www.sedar.com later today [...]
AEX Gold Inc. announces an operational update for the development of the Nalunaq property in South Greenland. The Corporation continues to make good progress at the fully funded Nalunaq Project, with significant work having been completed on key work streams since the successful AIM Listing and fundraising in July 2020. The project remains on track, with workstreams progressing in line with management expectations [...]
AEX Gold Inc. , an independent gold company with a portfolio of gold licences in Greenland, announces an update to its 2020 exploration drilling campaign at its Nalunaq property in South Greenland. Objective of drilling program To confirm the company's understanding of an area to the south west of the deposit that is thought to be a parallel structure now known as "Valley Block". This area previously demonstrated good [...]
AEX Gold Inc. provides an update on its 2020 Summer Field Activities since mobilization in South Greenland on August 15th, 2020. Key Highlights: High-resolution aerial imagery drone has identified an outcropping Footwall Vein which lies an estimated 70-100 meters stratigraphically below the Main Vein on the north face of Nalunaq mountain. Historically, two drill holes have intersected a mineralised quartz vein at that [...]
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