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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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