Amaroq Ltd. · LSE:AMRQ

Amaroq — AEX Gold — Merger or Acquisition (May 2022)

11 slides from Amaroq's merger presentation, May 12, 2022

  1. Slide 1: Acquisition of Strategic Mineral Land Package

    ACQUISITION OF STRATEGIC MINERAL LAND PACKAGE 12 May 2022 www.aexgold.com | AIM: AEXG; TSXV: AEX AEX Gold Inc is a Greenland-focused mining company engaged in the identification, acquisition, exploration, and development of gold properties and other strategic mineral assets in Greenland

  2. Slide 2: Disclaimer and Technical Information

    DISCLAIMER AND TECHNICAL INFORMATION The information contained herein has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate AEX Gold, Inc (the “Company”). The presentation and the infor

  3. Slide 3: Acquisition Highlights

    ACQUISITION HIGHLIGHTS AEX Gold becomes largest acreage holder in Southern Greenland • Significant 3,527.75 km2 strategic mineral licence area acquired from Orano, taking total land package to 7,615.85km2, making the Company the largest licence holder in South Greenland and the third largest* in Gre

  4. Slide 4: Orano Licence Acquisition

    Key Target ORANO LICENCE ACQUISITION North Sava - 29Cu 79Au 92U 30Zn 41 Nb Evidence for IOCG or porphyry copper mineralisation Grab samples up to 382 g/t Au, 3.4% Cu, 3.7% Zn, 100 g/t Ag, 19% Nb, 1.7% U, 2.2% Zr Danell Fjord - Graphite Iron sulphide-graphite bodies east of Jokum’s shear in Danell fj

  5. Slide 5: Southern Greenland Geological Context

    SOUTHERN GREENLAND GEOLOGICAL CONTEXT Southern Greenland hold strong geological ties with Eastern Canada and Europe – AEX have termed this the Laurasian Mineral Belt Gardar Province Greenland Labrador Global Distribution of IOCG Districts Illustrating the Potential Correlation Between Kiruna, Greenl

  6. Slide 6: Stendalen V TiO Ni

    STENDALEN V TiO Ni 23 2 28 Multiple Critical Metal Mineral Occurrences The Orano MEL 2021-11 licence contains the Stendalen Titanium – Vanadium project, a large horizontally layered intrusion around 8 km in diameter, and several hundred meters thick. This intrusion host a magnetite-rich zone, which

  7. Slide 7: North Sava Cu Au U Zn Nb; Paatusoq REE Nb Ta Zr

    NORTH SAVA Cu Au U Zn Nb 29 79 92 30 41 Multiple Critical Metal Mineral Occurrences Orano also hold the MEL 2020-41 licence immediately north of AEX’s Sava IOCG target. 2021 reconnaissance exploration in this unexplored area, termed North Sava, showed numerous intrusive bodies with late stage potass

  8. Slide 8: Contact Us

    www.aexgold.com CONTACT US AEX GOLD INC 3400 One First Canadian Place, PO Box 130, Toronto, On, M5X 1A4, Canada Eldur Olafsson, Chief Executive Officer AIM: AEXG; TSXV: AEX

  9. Slide 9: References

    REFERENCES Slide: 8 AEX Gold: Corporate Profile

  10. Slide 10: Strategic Mineral Offering Within New Licences

    STRATEGIC MINERAL OFFERING WITHIN NEW LICENCES Primarily used in electronics and construction. Largest producers are Chile and Peru (37% combined of world Copper 29 Cu production, 2021) World production 21 million tonnes in 2021. Consumption expected to increase to 31.1 million tonnes by 2030 Used p

  11. Slide 11: References

    REFERENCES • USGS Mineral Commodity Summaries 2022 (https://pubs.usgs.gov/periodicals/mcs2022/mcs2022.pdf) • https://www.kitco.com/news/2021-06-08/Global-refined-copper-demand-to-rise-31-by-2030-report.html • European Commission - Greenland’s Raw Materials Potential and the EU Strategic Needs,” Memo

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