OreStocks

Aclara Resources Inc. press release

Amaroq Minerals diversifies into strategic metals with GCAM joint venture

TSX - Toronto Stock Exchange · Rare Earth Elements · Yttrium · Lanthanum · Cerium · Praseodymium · Neodymium · Samarium · Europium · Gadolinium · Terbium · Dysprosium · Holmium · Erbium · Thulium · Ytterbium · Lutetium · Magnet Rare Earth Elements · Peru · Partnerships & JVs

(NewsDirect)

Amaroq Minerals Ltd (TSX-V:AMRQ, AIM:AMRQ) VP exploration James Gilbertson speaks to Proactive after announcing the finalisation of a joint venture agreement with GCAM that will "trigger [Amaroq's] diversification into the critical and strategic space."

Amaroq now retains a 51% interest in the new vehicle, called Gardaq, which has been funded with £18mln by GCAM.

Through the joint vehicle, the company expects to focus on exploring for significant strategic minerals deposits in the Sava Copper Belt, Stendalen, Paatusoq and Kobberminebugt.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Copyright (c) 2023 TheNewswire - All rights reserved.

Earlier from Aclara Resources Inc.

More partnerships & jvs releases