AEX Gold Inc - Greenland-focused gold miner - Granted a new exploration licence in South Greenland by Mineral Licence & Safety Authority. New licence covers 335 square kilometres and is considered highly prospective for multiple commodities including gold, copper, zinc and molybdenum.
"This new licence is highly complementary to our existing portfolio and will provide further optionality for the company as we seek to prioritise targets for future development as part of our strategy of creating a full cycle gold mining company," said Chief Executive Officer Eldur Olafsson.
Current stock price: 46.00 pence
Year-to-date change: flat since July 31
By Dayo Laniyan; dayolaniyan@alliancenews.com
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