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Amex Expl - AMXEF STOCK NEWS

Welcome to our dedicated page for Amex Expl news (Ticker: AMXEF), a resource for investors and traders seeking the latest updates and insights on Amex Expl stock.

Overview of Amex Exploration Inc. (AMXEF)

Amex Exploration Inc. is a dynamic, junior mining exploration company dedicated to uncovering high-grade gold mineralization and copper-rich volcanogenic massive sulfide (VMS) deposits in the prolific mining regions of Quebec, Canada. With its flagship Perron Project located in the northwestern Abitibi region, the company leverages a robust and technical approach to geological exploration that has led to the identification of multiple mineralized zones.

Core Business and Operations

At its core, Amex Exploration focuses on the discovery and delineation of significant gold and base metal mineralization within a highly prospective belt in Quebec. The company operates on a comprehensive exploration model that includes advanced drilling programs, mineral sampling, and detailed geological assessments. Its operations are designed to explore both bulk tonnage deposits and high-grade gold styles, evidencing a sophisticated approach that integrates modern geoscience techniques and rigorous quality assurance protocols.

The Perron Project

The Perron Project is a cornerstone asset for the company, comprising extensive contiguous claims that offer access to a variety of geological units. This project is characterized by multiple mineralized zones such as the High-Grade Zone, Denise Zone, Gratien Zone, Team Zone, JT Zone, and Central Polymetallic Zone. Each zone demonstrates distinct lithological and structural attributes, contributing to a diversified exploration portfolio. The presence of both near-surface mineralization and deeper targets reflects the project’s dual potential for high-grade discoveries and broader bulk tonnage resources.

Exploration Strategy and Methodologies

Amex Exploration distinguishes itself through a methodical and technical exploration strategy. The company employs a strategic drilling approach, detailed geological mapping, and 3D structural modeling to unlock the mineral potential of its projects. Emphasis is placed on quality control during sampling and assay processing, ensuring that results meet rigorous industry standards. Contemporary techniques, including the use of new machine learning models and AI for target generation, further underline Amex’s innovative edge in the competitive junior mining sector.

Industry Position and Competitive Advantages

Operating within a globally competitive mineral exploration landscape, Amex Exploration’s value proposition is centered on its technical expertise and strong geological fundamentals. The company’s disciplined approach to exploration, supported by robust QAQC protocols and experienced technical teams, provides investors with confidence in its operational integrity. While the exploration stage inherently involves evolving challenges, Amex remains committed to refining its geological models and continuously updating its understanding of the subsurface mineralization.

Quality Assurance and Technical Rigor

Quality control is a key pillar at Amex Exploration. The company employs industry-standard QAQC measures, including regular insertion of blanks, standards, and duplicates throughout sample processing. This rigorous methodology helps safeguard the accuracy of assay results and ensures that the geological data are reliable and precise. Such technical diligence not only reinforces the company’s reputation for expertise but also underscores its commitment to transparent and robust exploration practices.

Expertise and Market Significance

Amex Exploration is recognized for its deep understanding of geological complexities and its expert use of advanced exploration techniques. The company’s operations are informed by seasoned industry professionals who drive the discovery process with a balanced combination of theoretical knowledge and practical experience. By focusing on the integration of multiple mineralized zones and utilizing strategic drilling to expand known targets, Amex is well-positioned to contribute meaningfully to the body of knowledge in the mining exploration sector.

Conclusion

The story of Amex Exploration Inc. is one of technical expertise, disciplined exploration, and continuous geological discovery. The company’s work on its flagship Perron Project and its systematic approach to target generation and mineral delineation position it as a noteworthy player in both the gold and base metal exploration sectors. For those seeking an in-depth understanding of early-stage mining exploration, Amex offers a compelling case study in applying advanced technology and rigorous methodology to unlock the mineral potential of some of Canada’s most promising territories.

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Amex Exploration Inc. announces the highest-grade gold composite to date on the Gratien Zone in Quebec, with an intercept of 76.69 g/t Au over 3.50 m. The Company plans to release an NI 43-101 resource estimate in early to mid Q2 2024.
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Amex Exploration Inc. announces positive assay results from the QF Zone, reporting 3.43% Copper, 34.00 g/t Silver, 1.80% Zinc, and 0.30 g/t Gold over 20.80 m. The QF Zone, a VMS body, is located near the past-producing Normétal Mine. The company plans to conduct metallurgical tests on the composites. The project shows similarities to the historical mine but is more copper-rich. The Perron project is close to the Glencore Horne Smelter in Rouyn Noranda.
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Amex Exploration Inc. reports excellent metallurgical test results with gold recoveries exceeding 95% in all samples and over 98% in high-grade samples across multiple gold zones. The tests show high gold concentrations and good recoverability through gravity, flotation, and leaching processes, providing promising economic scenarios for mining at Perron. The results are verified by SGS Canada Inc., a reputable metallurgical and analytical studies leader.
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CEO.CA Technologies Ltd. shares video coverage from the recent PDAC convention in Toronto, Canada, showcasing its popularity among investors globally.
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Amex Exploration Inc. announces high-grade gold results from a new western extension of the Gratien Gold Zone on the Perron Project in Quebec. The company reports significant drill hole intercepts in the Gratien, E3, and Team zones, showcasing potential for expansion and further definition. The results include impressive gold grades and visible gold mineralization, indicating promising exploration opportunities.
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Amex Exploration Inc. successfully completed a non-brokered charity flow-through private placement, raising C$26.65 million through the issuance of 11,344,130 charity flow-through shares. Eldorado Gold Corporation made a strategic investment in the Company, acquiring 11,344,130 common shares, representing approximately a 9.9% ownership interest. The gross proceeds from the Offering will be used to advance the Company's Perron project in Quebec, qualifying as 'Canadian Exploration Expenses' and 'flow-through mining expenditures'. PI Financial Corp. acted as financial advisor to the Company, receiving an advisory fee of $790,000. The Company's issued and outstanding common shares increased from 103,243,001 to 114,587,131.
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CEO.CA Technologies Ltd. shares exclusive updates with CEOs of junior mining explorers, offering a leading investor social network in junior resource and venture stocks. The company, founded in 2012, is a popular free financial website and app in Canada and globally, with industry-leading audience engagement and mobile functionality.
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Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) announced positive drill results focused on the definition drilling of the Eastern High Grade Zone at the Perron Project in Quebec. Notable highlights include PE-21-318W3 returning 4.30 m of 23.81 g/t Au, PE-21-318W4 returning 6.55 m of 9.57 g/t Au, and PE-21-347W3 returning 3.50 m of 5.10 g/t Au. The company aims to release a resource estimate in 2024 and continues to show remarkable continuity in the High Grade Zone, indicating potential for ore extraction.
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Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) announces a significant intercept of 47.70 meters at 16.97 g/t Au from hole PE-23-710, identified during resource-focused drilling of the High Grade Zone (HGZ) of the Perron Project. The results showcase the continuity and consistent high-grade nature of the HGZ, with additional drillholes being completed to define the dike from near-surface to depth.
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Amex Exploration announces drill hole results from the Denise Zone of the Perron Project, intersecting high-grade gold mineralization. The results indicate the presence of a well mineralized system and potential for future mining scenarios.
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FAQ

What is the current stock price of Amex Expl (AMXEF)?

The current stock price of Amex Expl (AMXEF) is $0.7338 as of April 17, 2025.

What is the market cap of Amex Expl (AMXEF)?

The market cap of Amex Expl (AMXEF) is approximately 77.6M.

What is the primary business of Amex Exploration Inc.?

Amex Exploration Inc. is a junior mining exploration company focused on discovering high-grade gold and copper-rich VMS deposits, primarily through its flagship Perron Project in Quebec.

What are the main mineralized zones at the Perron Project?

The Perron Project hosts multiple mineralized zones, including the High-Grade Zone, Denise Zone, Gratien Zone, Team Zone, JT Zone, and the Central Polymetallic Zone, each offering unique exploration potential.

How does Amex Exploration generate its revenue?

As an exploration company, Amex generates value through detailed geological assessments and drilling programs that enhance its mineral resource base, rather than immediate revenue generation from production.

What sets Amex Exploration apart from other junior mining companies?

Amex is distinguished by its rigorous QAQC protocols, advanced drilling techniques, comprehensive geological modeling, and a diversified exploration approach that targets both high-grade and bulk tonnage mineralization.

Where is the Perron Project located and why is it significant?

Located in northwestern Abitibi, Quebec, the Perron Project is strategically significant due to its proximity to infrastructure and established mining regions, offering substantial long-term exploration potential.

What methodologies does Amex use in its exploration programs?

The company employs a mix of advanced drilling, 3D structural modeling, machine learning target generation, and stringent quality control measures to accurately delineate mineralized zones.

How does Amex ensure the reliability of its geological data?

Amex utilizes industry-standard QAQC protocols such as regular insertion of blanks, standards, and duplicate samples in its assay processes, ensuring that the data is robust and reliable.

What role do experienced professionals play in the company?

Expert geological and technical teams guide Amex’s exploration strategy, combining deep industry knowledge with practical experience to drive the discovery process and refine exploration targets.
Amex Expl

OTC:AMXEF

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AMXEF Stock Data

77.65M
82.34M
18.2%
7.29%
Gold
Basic Materials
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Canada
Montreal