STOCK TITAN

AMEX EXPLORATION INC ORD - AMXEF STOCK NEWS

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

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Amex Exploration Inc. has announced significant drill results from its Perron Gold Project in Quebec, revealing a record assay grade of 929.24 g/t Au over 0.50 metres in hole PE-21-344. Additionally, hole PE-21-286W2 returned 15.04 g/t Au over 4.10 metres. These results indicate a potential expansion of the High Grade Zone (HGZ), with ongoing exploration as the company approaches a maiden resource estimate. Amex's strategy continues to focus on gold project development in Quebec.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.7%
Tags
none
-
Rhea-AI Summary

Amex Exploration Inc. announced significant drill results from the High Grade Zone (HGZ) of the Perron Gold Project in Quebec. Notably, hole PE-21-329 revealed 36.86 g/t Au over 13.10 metres and a record metal factor of 483 at a vertical depth of approximately 200 metres. Additional results include 15.18 g/t Au over 14.85 metres in hole PE-21-338 and 38.07 g/t Au over 2.60 metres in hole PE-21-307. These findings suggest a promising expansion of the HGZ, with potential positive impacts on the upcoming resource calculation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
Tags
none
Rhea-AI Summary

Amex Exploration Inc. reported promising drill results from the High Grade Zone (HGZ) at its Perron Gold Project in Quebec. Significant findings included 32.91 g/t Au over 6.40 metres and 27.06 g/t Au over 8.85 metres, indicating high-grade gold continuity. The company is awaiting results from over 22,000 samples aimed at confirming these grades further. Executive Chairman Jacques Trottier expressed optimism, highlighting the presence of visible gold in multiple drill holes. This bodes well for the anticipated resource estimate.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.57%
Tags
none
-
Rhea-AI Summary

Amex Exploration Inc. has appointed Dr. Luisa Moreno as a Director and Bryan Coates as Lead Independent Director, enhancing its corporate governance. Dr. Moreno, a Physics Engineer with a PhD from Imperial College London, brings nearly two decades of experience in finance and technical research in mining. The company also granted her 150,000 share options at an exercise price of $2.60. Amex aims to advance its wholly-owned Perron gold project in Quebec, which covers 4,518 hectares and has significant gold discoveries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
management
-
Rhea-AI Summary

Amex Exploration Inc. (AMXEF) reports significant drill results from the High Grade Zone (HGZ) of the Eastern Gold Zone at the Perron Gold Project in Quebec. The results indicate very high-grade gold mineralization, with highlights including:

  • 70.92 g/t Au over 3.90 m at 160 m depth in hole PE-21-313
  • 25.12 g/t Au over 4.95 m at 1,055 m depth in hole PE-21-287W1

These promising assays are part of the ongoing definition drilling as the company approaches its maiden resource estimate.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.67%
Tags
none
Rhea-AI Summary

Amex Exploration reports significant drill results from the High Grade Zone (HGZ) of the Eastern Gold Zone (EGZ) on the Perron Gold Project in Quebec, as it progresses toward its maiden resource estimate. Key highlights include:

  • 70.92 g/t Au over 3.90 metres at 160 metres depth (hole PE-21-313)
  • 24.71 g/t Au over 2.45 metres at 190 metres depth (hole PE-21-306)
  • 25.12 g/t Au over 4.95 metres at 1,055 metres depth (hole PE-21-287W1)

The company awaits results from over 21,000 samples from ongoing drilling efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.67%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.17%
Tags
none
-
Rhea-AI Summary

Amex Exploration has announced promising drill results from the High Grade Zone (HGZ) and Denise Zone of the Eastern Gold Zone (EGZ) at its Perron Gold Project, Quebec. Significant findings include:

  • 7.10 g/t Au over 8.25 meters in the HGZ
  • 1.44 g/t Au over 88.00 meters in the Denise Zone

These results confirm extensive mineralization and continuity, supporting the upcoming maiden resource estimation. The company awaits results for over 22,800 samples, indicating strong ongoing exploration efforts despite Covid-19 related delays.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
Rhea-AI Summary

Amex Exploration Inc. (AMXEF) has announced significant drill results from the Denise Zone of the Eastern Gold Zone at the Perron Gold Project in Quebec. The results confirm broad near-surface gold mineralization, with highlights including 1.62 g/t Au over 51.30 meters. The ongoing drilling aims to establish a maiden resource, with over 21,800 samples still pending results. Executive Chairman Jacques Trottier emphasized the continuity and potential of the hydrothermal gold system at Denise, which is strategically located near the High Grade Zone (HGZ).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none

FAQ

What is the current stock price of AMEX EXPLORATION ORD (AMXEF)?

The current stock price of AMEX EXPLORATION ORD (AMXEF) is $0.861 as of November 18, 2024.

What is the market cap of AMEX EXPLORATION ORD (AMXEF)?

The market cap of AMEX EXPLORATION ORD (AMXEF) is approximately 109.0M.

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

OTC:AMXEF

AMXEF Rankings

AMXEF Stock Data

109.02M
94.15M
18.13%
6.88%
Gold
Basic Materials
Link
United States of America
Montreal