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Amaroq Minerals (TSXV:AMRQ) signs MoU with ABD Solutions

Mining
TSXV:AMRQ
15 August 2022 08:30 (EDT)

Source: Amaroq Minerals Ltd.

Amaroq Minerals (AMRQ) has signed a Memorandum of Understanding (MoU) with ABD Solutions, a business within AB Dynamics PLC.

Under the MoU, Amaroq and ABD Solutions will investigate introducing driverless mining vehicles at the Nalunaq site in Greenland.

Highlights:

ABDS’ mission is to provide retrofit solutions that enable the automation of conventional vehicle fleets.

Eldur Olafsson, CEO of AEX Gold, commented on the partnership.

“We are delighted to announce our planned partnership with ABD Solutions a well-regarded automation company with substantial experience working with organizations to accelerate the transition to autonomy. We are focused on ensuring that we seek out and deploy innovative technology across Nalunaq, and going forward the rest of the assets within our extensive licence area, as we believe that this will allow us to introduce new skill sets to the workforce in Greenland and to operate safely, efficiently and sustainably. The team look forward to working closely with ABDS and utilize their considerable knowledge throughout the Nalunaq development process.”

Amaroq Minerals Ltd is an exploration company focusing on locating high-grade gold deposits in Greenland. The company owns seven licences in South Greenland covering an area of 4,090 km, which are highly prospective for gold and other strategic minerals.

Amaroq Minerals Ltd. (AMRQ) opened trading at C$0.61.


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