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 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
-
Rhea-AI Summary

Amex Exploration (OTCQX:AMXEF) will present live on March 31 at 10:00 am ET during a virtual investor conference. The event aims to engage investors in real-time Q&A. Amex, focused on the Perron Project in Quebec, is currently conducting a 300,000 m drill program. Recent findings include drill results from the High Grade Zone showing 17.89 g/t Gold over 8.40 m and an additional structure grading 58.25 g/t Gold over 3.90 m. Interested investors can access the event via this link.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
Tags
conferences
Rhea-AI Summary

Amex Exploration Inc. reported promising high-grade drill results from its Perron Gold Project in Quebec, confirming expectations for the continuity of the High Grade Zone (HGZ). Key highlights include:

  • Hole PE-20-187W2: 49.04 g/t Au over 2.20 m.
  • Hole PE-20-216: 13.94 g/t Au over 3.25 m.
  • Hole PE-20-230: 17.89 g/t Au over 8.40 m, including 223.87 g/t Au over 0.40 m.

Amex awaits results from over 15,000 additional samples targeting the HGZ and other zones, bolstering resource estimates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.46%
Tags
none
-
Rhea-AI Summary

Amex Exploration has reported new high-grade gold discoveries at its Perron project. The newly identified 210 Gold Zone yielded impressive results, including 58.25 g/t Au over 3.90 m in drill hole PE-20-210, located northeast of the established High Grade Zone (HGZ). Additionally, results from the HGZ confirm continuity with significant intercepts, including 19.08 g/t Au over 3.00 m and 11.95 g/t Au over 6.00 m. With 10 drills currently operational, the company aims to continue advancing its exploration efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
none
-
Rhea-AI Summary

Amex Exploration Inc. has reported promising results from the High Grade Zone (HGZ) of the Eastern Gold Zone at its Perron property in Quebec. The findings reveal significant high-grade gold mineralization from multiple drill holes. Notably, Hole PE-20-187 intersected 3.85 metres of 25.04 g/t Au at approximately 1,100 metres depth. The HGZ now shows continuity of gold mineralization over 350 metres along strike, reaching depths greater than 1.1 km. Executive Chairman Jacques Trottier emphasized the robust nature of the mineralized system.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
none
-
Rhea-AI Summary

Amex Exploration Inc. has announced the addition of four diamond drill rigs at its Perron property, increasing the total to 10. Following a recent financing of $11.7 million, the company is expanding its planned drill program from 200,000 to 300,000 meters. Six rigs will focus on the Eastern Gold Zone, with two dedicated to the Denise Zone for bulk tonnage identification. Meanwhile, two rigs will explore the Grey Cat and Gratien Gold Zones. This significantly boosts exploration activities aimed at defining gold deposits and expanding known mineralization at Perron.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.05%
Tags
none
-
Rhea-AI Summary

Amex Exploration Inc. announced impressive metallurgical results from its High Grade Zone (HGZ) within the Eastern Gold Zone (EGZ) on the 100% owned Perron property in Quebec. The results show overall gold and silver recoveries exceeding 99% from high, medium, and low-grade samples, indicating suitability for conventional milling operations. The findings suggest that a simple gravity-cyanidation flowsheet can achieve these high recoveries. The company plans to conduct further metallurgical work on additional zones, confirming the mineralization's compatibility with nearby active mills.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
none
Rhea-AI Summary

Amex Exploration Inc. (OTCQX: AMXEF) announced high-grade results from its High Grade Zone (HGZ) at the Eastern Gold Zone, Perron property in Quebec. Notable highlights include:

  • PEM-20-005: 32.41 g/t Au over 15.60 m, with a peak of 853.40 g/t Au over 0.50 m.
  • PE-20-179: 11.71 g/t Au over 8.10 m, including 92.19 g/t Au over 1.00 m.

These results suggest a robust gold mineralization and increased metal factor, indicating strong continuity in the high-grade gold deposits at depth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none

FAQ

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

The current stock price of AMEX EXPLORATION ORD (AMXEF) is $0.7489 as of January 22, 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

OTC:AMXEF

AMXEF Rankings

AMXEF Stock Data

92.35M
82.34M
18.13%
7.29%
Gold
Basic Materials
Link
United States of America
Montreal