reports
- Ryan Long
AEX Gold - Change in strategy driven by high nugget effect
AEX Gold is an exploration company with a substantial ground holding in Greenland. The company’s most advanced project is the former producing high-grade gold mine, Nalunaq. Over 350,000oz of gold were produced from Nalunaq at an average grade of 15g/t Au between 2004 and 2009, with an additional 15,000oz produced between 2011 and 2013. Following its Summer Work Programme at Nalunaq, AEX has changed its strategy and is now focused on using a four-phase bulk sampling programme to achieve a bett...
- Phil Swinfen
AEX Gold - High-grade gold in Greenland
AEX Gold (AEX) has a large land position in Greenland where it is exploring for gold. Its extensive licence holding includes an exploitation licence that hosts the previously operating high-grade underground Nalunaq Gold Mine. AEX is in-fill drilling to expand the resource with the aim of re-starting gold production. The company’s second field season is underway, with a resource update planned for the end of the year. AEX is also evaluating the potential of the underexplored district to host a...
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