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IN BRIEF: AEX Gold Ramps Up Activities With Return Of Workforce

Mon, 24th Aug 2020 15:55

AEX Gold Inc - Greenland-focused mining company - Mobilises entire Greenland workforce - site fully staffed since August 15. Nalunaq gold mine activities for remainder of year include: 3,000 metres of surface drilling and mapping on a surface level as well as underground. To commence pre-development activities at Nalunaq ahead of construction and underground activities, which are to commence in 2021. Will conduct additional reconnaissance work on focused on the greater amphibolite ridge area, Lake 410, Jokum's Shear and Kangerluluk.

Current stock price: 45.00 pence

Year-to-date change: started trading in London at end of July; IPO price was 45p

By Greg Roxburgh; gregroxburgh@alliancenews.com

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4 Apr 2022 14:39

IN BRIEF: AEX Gold finds new high-grade gold zone at Nalunaq project

AEX Gold Inc - company which holds portfolio of gold licences in Greenland - Says drill results from Nalunaq project in south Greenland fulfilled all of its 2021 exploration objectives. Says the results verify that the Valley Block zone is a new high-grade zone, with multiple visible gold intersections confirming the presence of free gold. Notes that it can now be the focus for initial resource growth at Nalunaq.

21 Dec 2021 20:21

TRADING UPDATES: GSTechnologies loss widens; DX Group launches review

24 Nov 2021 20:17

TRADING UPDATES: Alpha Financial raises outlook; Gateley confident

23 Nov 2021 20:27

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

14 Sep 2021 15:02

EXECUTIVE CHANGES: AIB adds two to board; Lamprell taps ex-Aramco exec

27 Aug 2021 10:41

AEX Gold well-capitalised as it advances development

(Sharecast News) - Greenland-focussed gold exploration company AEX reported a "strong" cash balance of CAD 49.6m (£28.57m) at the end of its second quarter on Friday, down from CAD 61.9m at the end of the 2020 financial year, with no debt, and total working capital of CAD 48.5m, falling from CAD 61.4m on 31 December.

28 Jul 2021 15:55

DIRECTOR DEALINGS: GlobalData execs bank GBP34 million after results

27 Jul 2021 16:07

IN BRIEF: AEX Gold non-executive director buys 128,000 shares

1 Jul 2021 19:26

TRADING UPDATES: Gym Group bulks up with placing; 88 Energy debt free

1 Jul 2021 10:54

AEX Gold applies for new licence in Greenland's south

(Sharecast News) - Greenland-focussed AEX Gold has applied for a new exploration licence in the Kobberminebugt region of south Greenland, it announced on Thursday, covering an area of about 266 square kilometres.

10 Jun 2021 16:31