TRX Gold Corporation press release
Amaroq Minerals diversifies into strategic metals with GCAM joint venture
TSX - Toronto Stock Exchange · Gold · Canada · 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.
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