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Amex Exploration Inc. (AMXEF) is a leading mining company based in Quebec, Canada, focused on gold exploration and development. The company has made significant discoveries on its Perron Gold Project, including the high-grade Gratien Gold Zone and the Team Zone. Recent assay results have shown exceptional gold grades and mineralization, indicating the potential for further expansion and resource growth.
Amex Exploration's Perron Project, located in the Abitibi region, covers 117 claims and consists of bulk tonnage and high-grade gold style mineralization. The project is strategically positioned near existing infrastructure, making it an attractive investment opportunity. With a dedicated team of experts and ongoing drilling campaigns, Amex is committed to unlocking the full potential of its mineral assets.
Amex Exploration (OTCQX: AMXEF) has announced new drill results from the High-Grade Zone (HGZ) and Denise Zone at its Perron Project in Quebec. Significant highlights include:
- HGZ: PE-21-347W5 returned 6.35m of 30.85 g/t Au, including 0.50m of 342.10 g/t Au at ~1100m depth; PE-21-347W4 returned 7.80m of 7.36 g/t Au, including 0.70m of 70.32 g/t Au at ~970m depth.
- Denise Zone: PE-20-186W2 returned 2.15m of 16.58 g/t Au, including 0.50m of 66.35 g/t Au at ~900m depth; PE-21-347W5 returned 58.50m of 0.71 g/t Au, including 3.00m of 8.31 g/t Au at ~1150m depth.
The results suggest growth potential, especially in the Denise Zone, with new interpretations indicating more room for expansion. These findings will not be included in the current resource estimate, emphasizing the project's growth potential.
Amex Exploration announced new gold mineralization findings in the deepest drilling to date in the western area of the Gratien Gold Zone at the Perron Project in Quebec. The discovery indicates a new lens of mineralization within the Upper Gratien Gold Zone, expanding the potential for further exploration and growth. Significant drill results include PEG-24-764 with 7.40m at 5.15 g/t Au, and PEG-24-767 with 1.20m at 20.28 g/t Au. The company plans 80,000 meters of diamond drilling in 2024 and aims to update its NI 43-101 resource estimate by the end of Q3, incorporating these new findings. The new lens appears on strike with the Grey Cat Zone, enhancing the structural potential of the project.
Amex Exploration has announced a new gold discovery, the JT Zone, within the Beaupré Block of the Perron project in the Abitibi region of Quebec. The discovery is situated in a felsic to intermediate dike rich in sulfide mineralization, containing pyrrhotite, pyrite, and occasional sphalerite, with gold grades observed. The JT Zone is located approximately 750 m north-northwest of the High Grade Zone and 600 m northwest of the Team Zone, extending 275 m in strike length with a thickness of 60 m. Significant drill highlights include PEX-24-222, which reported 70.50 m of 0.91 g/t Au, and PEX-24-213, which returned 49.50 m of 0.86 g/t Au. The mineralization style suggests potential for both low-grade bulk tonnage and higher-grade ounces. Further studies will focus on understanding the relationship between sulfide mineralization and gold grades. The discovery holds promise to significantly contribute to Amex's existing resources at Perron.
THE Mining Investment Event of the North, Quebec City is set to take place on June 4-6, 2024, and will feature notable speakers and sponsors from the mining industry. Jennifer Knight, Deputy Assistant Secretary for Textiles, will be a Keynote Speaker, along with other prominent figures. The event will host over 100 mining companies, including Agnico Eagle Mines (AEM), and provide a platform for networking and showcasing the latest developments in the sector.