AEX Gold Inc. is pleased to announce that it has received confirmation from the Greenlandic Covid Commission that its plan to mobilize personnel to its properties in South Greenland amid the Covid19 environment met all of the requirements of the authorities. Since the start of the crisis in March 2020, AEX has engaged diligently with various specialists from the medical services, occupational health and safety, insurances [...]
AEX Gold Inc. is pleased to announce that it has been granted a new Mineral Exploration License in South Greenland by the Mineral Licence and Safety Authority . The license covers 818 km2 over the Saarloq Shear Zone and is highly prospective for gold. This new license strengthens AEX's presence as Greenland's premier gold explorer. Highlights New Mineral Exploration License, "Saarloq", totalling 818 km2 has been granted [...]
AEX Gold Inc. , the Greenland focused gold mining company, today announces the strengthening of its cash position to in excess of CAD$5 million with the exercise of warrants by long-term investors. Also we are pleased to advise that SISA, the only pension fund in Greenland, will become a significant shareholder in the Corporation. Certain long-term investor warrant holders of AEX have exercised 2,872,715 warrants, each [...]
AEX Gold Inc. is pleased to provide an update on the results of the Corporation's 2019 summer activities aimed at producing an exploration target for the previously mined and processed materials left behind by past operators on its 100% owned Nalunaq license in South Greenland. The exploration target defined in this news release is in addition to the inferred resources of the Nalunaq deposit, and the underground sweepings [...]
AEX Gold Inc. , the Greenland focused gold mining company, today announced that certain warrant holders of AEX including Vaekstfonden - The Danish State Investment Fund and Greenland Venture A/S, as well as other long term investors, have exercised 8,399,556 warrants, each entitling the holder to receive one common share of the Corporation, at an exercise price per warrant of CAD 0.45, representing gross proceeds to AEX [...]
AEX Gold Inc. is pleased to provide an update on the Corporation's 2019 field investigation program on the existing infrastructure on its 100% owned Nalunaq Project in South Greenland. Nalunaq infrastructure is duly covered in the project technical report entitled "An Independent Technical Report on the Nalunaq Gold Project, South Greenland" dated March 20, 2017 , prepared for Nalunaq A/S by SRK Exploration Services Ltd [...]
AEX Gold Inc. is pleased to provide an update on the Corporation's 2019 drilling program on its 100% owned Nalunaq license in South Greenland. New Main Vein intersections in an area down-dip of historic workings in the past producing Nalunaq Mine supports the exploration target described in the project's technical report entitled "An Independent Technical Report on the Nalunaq Gold Project, South Greenland" dated March [...]
AEX Gold Inc. announces today that George Fowlie has been appointed as the new CFO of AEX effective immediately. He has been a director of AEX since its founding in 2017. George has enjoyed a successful 40-year career in banking and finance, including 10 years as an Investment Banker with First Marathon Securities and four years as a partner at Edgestone Capital Partners, a $1Billion private equity fund where he managed [...]
AEX Gold Inc. is pleased to provide an update on the Corporation's sampling program in its 100% owned Vagar license in South Greenland. AEX's targeted programme of sampling confirms high-grade mineralisation at key targets, validating historic results and the potential for further gold discoveries within the Southern Greenland licences, which contains the Company's Nalunaq Mine. Key Highlights: Amphibolite Ridge confirmed [...]
AEX Gold Inc. announces today that Graham Stewart has been appointed as the new Chairman of AEX and will start in his new role immediately. He has been a director of the AEX Board since 2017. Graham has had a highly successful 30-year career in the international oil and gas industry during which he has forged a reputation for generating significant shareholder value. He spent five years as the commercial and finance [...]
AEX Gold Inc. is pleased to provide updates on its 2019 Summer Field Activities on its various properties in South Greenland. The key activities at Nalunaq are: To determine the quantity of potentially gold bearing mill oversize materials from past operations for a possible bulk sample program; Carry out a drilling program with the main objective being to test for down-dip extensions to the South Block and to validate the [...]
AEX Gold Inc. is pleased to announce that it has been granted the exclusive exploration rights under a new license in South Greenland: license 2019/11. The license is comprised of five sub-areas and covers a total of 266 km2 within the Nanortalik Gold Belt . Figure 1 : AEX's new licenses under No. 2019/11 Historic work by GEUS, NunaMinerals and Goldcorp identified gold mineralisation in several locations within this new [...]
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