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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.
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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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Amex Exploration appoints technical and mining advisory team for Perron Project
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Amex Exploration Inc. announces assay results from follow-up and expansion drillholes on the Team Zone on the Perron project in Quebec. The Team Zone is outlined over 400 x 200 m and extends to a depth of approximately 400 m. Assay results from the newly discovered N110 Gold Corridor are also reported. The logging work on the Perron property will provide year-round access to previously inaccessible areas, reducing exploration costs.
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Amex Exploration has resumed its gold exploration drilling program at its Perron project in Quebec. The Team Zone, located within the Beaupre Rhyolite, is currently outlined over 400 x 200 m and sits approximately 600 m north of the High Grade Zone. The company has identified five distinct orientations of gold-bearing veins and plans to delineate the zone and expand along trend. Amex also plans to follow up on other targets at Perron later in the summer/fall.
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FAQ
What is the current stock price of AMEX EXPLORATION ORD (AMXEF)?
The current stock price of AMEX EXPLORATION ORD (AMXEF) is $0.7375 as of January 23, 2025.
What is the market cap of AMEX EXPLORATION ORD (AMXEF)?
The market cap of AMEX EXPLORATION ORD (AMXEF) is approximately 92.3M.
Where is Amex Exploration Inc. based?
Amex Exploration Inc. is based in Montreal, Quebec, Canada.
What is the focus of Amex Exploration?
Amex Exploration is focused on gold exploration and development, with significant discoveries on the Perron Gold Project.
What are some recent achievements of Amex Exploration?
Amex Exploration has reported high-grade gold results from the Gratien Gold Zone and identified similarities between the Team Zone, 210, and E3 gold zones.
Where is the Perron Project located?
The Perron Project is located in the Abitibi region of Quebec, Canada, covering 117 claims and showcasing bulk tonnage and high-grade gold mineralization.
What is the significance of the combined Team Zone?
The combined Team Zone, formed by merging the 210 and E3 gold zones, covers a strike length of approximately 1.4 km and offers potential for resource growth and value creation.
AMEX EXPLORATION INC ORD