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Amaroq confirms high-grade critical minerals at Black Angel mine
Yahoo Finance· 2025-11-11 14:19
Amaroq’s recent re-assay results from bulk samples at the Black Angel mine have confirmed the presence of high-grade zinc, lead and silver mineralisation, along with newly identified high-grade critical minerals such as germanium, gallium and cadmium. The confirmation of these critical minerals at the Black Angel mine supports the Canada-based company's plan to establish a long-term mining presence in Greenland. Re-assay results from bulk sample material within the Black Angel deposit indicate average gr ...
West Greenland Hub - Germanium, Gallium and Other Strategic Minerals Confirmed at West Greenland Hub
Globenewswire· 2025-11-11 07:00
Core Insights - Amaroq has confirmed high-grade mineralization of zinc, lead, silver, and newly identified critical minerals (germanium, gallium, cadmium) at the Black Angel mine, fulfilling all conditions for its acquisition [2][6][10] - The West Greenland Hub, which includes the Black Angel mine and Kangerluarsuk exploration licenses, is positioned as a significant development area for Amaroq, enhancing its mineral portfolio and operational capabilities in Greenland [9][10][15] Summary by Sections Highlights - Re-assayed bulk samples from the Black Angel mine show an average of 24.6% zinc, 28.1% lead, and 295 g/t silver, with commercial levels of germanium (44 ppm), gallium (21 ppm), and cadmium (1,328 ppm) identified [6][12] - The results suggest potential commercial concentrate grades of 102 ppm Ge, 48.5 ppm Ga, and 3,040 ppm Cd in future zinc concentrates [6][12] Next Steps - Site reviews at Black Angel have been completed to define upgrade requirements and plan geophysical surveys for the 2026 field season, targeting growth of the current mineral resource of 3.2 million tonnes at 8.8% Zn and 3.0% Pb [6][10] - Initial work will focus on the Deep Ice body, where historical drilling confirmed high grades [6][10] West Greenland Hub - The West Greenland Hub will be 100% owned by Amaroq, separate from the Gardaq joint venture, and will serve as a logistical base for the company's operations [9][10][15] - The Hub is expected to become a new center of mining activity in Greenland, supporting the growing mining and exploration sector [9][10] Black Angel Mine - The Black Angel mine has a historical production of approximately 11.2 million tonnes of ore with high grades of zinc, lead, and silver, making it Greenland's most productive base metal mine of its time [11] - Current estimates indicate significant remaining mineralization, with a focus on leveraging existing infrastructure for a near-term restart of operations [11][12] Kangerluarsuk Project - The Kangerluarsuk project, located 12 km north of Black Angel, presents a promising exploration opportunity with historical high grades of zinc and silver [14] - Amaroq plans to initiate drilling at Kangerluarsuk in 2026 to confirm subsurface mineralization continuity [14]
Why Teck Resources Ltd (TECK) is a Top Value Stock for the Long-Term
ZACKS· 2025-08-28 14:41
Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Score focuses on identifying undervalued stocks using metrics like P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Score assesses a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score identifies trends in stock prices and earnings outlooks, utilizing factors like one-week price changes and monthly earnings estimate changes [5] VGM Score - The VGM Score combines the three Style Scores to highlight stocks with attractive value, strong growth forecasts, and promising momentum [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.75% since 1988, outperforming the S&P 500 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9][10] Company Spotlight: Teck Resources Ltd - Teck Resources, based in Vancouver, focuses on mining and mineral development, producing copper, zinc, lead, and specialty metals [11] - Teck holds a Zacks Rank of 3 (Hold) and a VGM Score of B, with a Value Style Score of B, supported by a forward P/E ratio of 21.58 [12] - Recent upward revisions in earnings estimates and a Zacks Consensus Estimate increase of $0.09 to $1.53 per share indicate positive momentum, alongside an average earnings surprise of +45.6% [12][13]