Amaroq Ltd. · LSE:AMRQ
Amaroq — AEX Gold — Corporate Update (June 2022)
16 slides from Amaroq's corporate update, Jun 14, 2022
Slide 1: 2021 Nanoq Results & Start of 2022 Field Programme
2021 NANOQ RESULTS & START OF 2022 FIELD PROGRAMME 14th June 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
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
Slide 3: 2021 Nanoq Exploration Results Highlights
2021 NANOQ EXPLORATION RESULTS Highlights • Geological mapping at Nanoq highlight the presence of three key mineralised shear zones with alteration over 20m wide. One of these zones (SZ3) was previously unrecognised therefore increasing the size potential of the target. • 26 rock samples were collec
Slide 4: Nanoq Exploration Licence Location
NANOQ EXPLORATION LICENCE LOCATION Highly prospective ground on NE side of the exposed Nanortalik Gold Belt Nanoq Target Jokum’s Shear • Nanoq is located 120km NE of Nalunaq within licence 2019-113 and is Occurrence surrounded by other AEX licences ensuring complete coverage of the prospective areas
Slide 5: South Greenland – A Mineral System
SOUTH GREENLAND – A MINERAL SYSTEM Nanoq Licence located on the boundary of an interpreted basin within a magmatic arc setting between Greenland and Labrador Greenland • AEX’s geologist’s ongoing Mineral System modelling has shown the controlling lithospheric architecture of the region. This is impo
Slide 6: The 2021 Nanoq Exploration Program
THE 2021 NANOQ EXPLORATION PROGRAM AEX employed a variety of modern exploration techniques Conducting drone imagery across the during its 2021 exploration programme across the Nanoq Nanoq target target area including: 1. Mineral System Modelling – the review of the controlling architecture and likel
Slide 7: Nanoq Surface Results and Structural Interpretation
NANOQ SURFACE RESULTS AND STRUCTURAL INTERPRETATION Updated geological and structural interpretations from Nanoq New surface samples identify three key mineralized structures crossing the target with further results of up to 16.96 g/t Au in a newly defined structure – SZ3. This new discovery further
Slide 8: Gold Bearing Quartz Veining Styles
GOLD BEARING QUARTZ VEINING STYLES Favorable structural regium has resulted in multiple gold mineralized vein styles Veining within fold hinges Near vertical shear hosted laminate veins Veins exploiting fold nose Near vertical sheared quartz vein occurring located at the NE extend of the within SZ1
Slide 9: Nanoq – Jokum's Shear Structural Corridor
NANOQ – JOKUM’S SHEAR STRUCTURAL CORRIDOR Structural corridor that may control gold mineralization and host multiple targets Regional mapping, historical geological research, AEX’s Mineral System Model and similar geochemical signatures suggest a 25km mineralizing structure connects Nanoq to the Jok
Slide 10: 2022 Field Season Progress
4 2022 FIELD SEASON PROGRESS
Slide 11: AEX 2022 Exploration Plan
AEX 2022 EXPLORATION PLAN North Sava Detailed geophysical programme and mapping north from Sava Sava Scout drilling on three priority target Paatusoq Nanoq Reconnaissance mapping and sampling Detail geophysical surveys to refine scale and structure Vagar Ridge Helicopter supported drilling to assess
Slide 12: Upcoming Newsflow
UPCOMING NEWSFLOW An ambitious exploration programme for 2022 focused on Nalunaq and exploration across both gold and strategic metal portfolios Q3 2022 Q3 2022 Q4 2022 Q1 2023 Months Apr May June Jul Aug Sep Oct Nov Dec Jan Feb Mar Nalunaq Resource Definition Results Bulk Sample Preparation/Design
Slide 13: Exploration Focus for 2022
EXPLORATION FOCUS FOR 2022 General details on the 2022 exploration programmes Project Commodity Deposit Model 2022 Exploration Objectives Infill and extension drilling within the Valley Block drilling on two new drill access 79 Nalunaq Au Orogenic Gold road up dip from the 2021 drilling Underground
Slide 14: Nalunaq Infill Drilling & Road Construction Commenced
NALUNAQ INFILL DRILLING & ROAD CONSTRUCTION COMMENCED Infill core drilling has commenced on the Valley Block of Nalunaq and road construction for extension drilling ~ 50% complete Infill drilling with two rigs within the Valley Block targeting increased geological confidence. Construction activities
Slide 15: Maiden Core Drilling Programme at Sava Commenced
MAIDEN CORE DRILLING PROGRAMME AT SAVA COMMENCED First core drilling at Sava targeting scout drilling on interpreted targets from 2021 exploration activities Additional rock chip and ionic soil sampling programmes following up around key targets identified by AEX in 2021. Strongly malachite stained
Slide 16: 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