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Video - CEO Clips: AMEX Exploration Advances High-Grade Quebec Gold Project with Strong Economics

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AMEX Exploration (OTCQX: AMXEF) is advancing a high‑grade Quebec gold project with a 2.3 million ounce mineral resource and grades exceeding 6 g/t. A Preliminary Economic Assessment (PEA) outlines strong economics and rapid payback potential supported by local infrastructure and hydroelectric power access.

The company is positioning the project toward the next stage of development.

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AI-generated analysis. Not financial advice.

Positive

  • Mineral resource of 2.3 million ounces
  • Grades reported at >6 g/t
  • PEA shows strong economics and rapid payback potential
  • Existing infrastructure and hydroelectric access support development

Negative

  • Project remains pre‑production and in early development
  • No production or revenue from the project yet

News Market Reaction – AMXEF

+2.62%
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+2.62% News Effect

On the day this news was published, AMXEF gained 2.62%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Vancouver, British Columbia--(Newsfile Corp. - April 9, 2026) - AMEX Exploration Inc. (TSXV: AMX) (OTCQX: AMXEF) is advancing a high-grade gold project in Quebec with a 2.3 million ounce resource and strong economics outlined in a PEA. With grades exceeding 6 g/t and rapid payback potential supported by infrastructure and hydroelectric access, the company is positioning toward the next stage of development.

AMEX Exploration Inc. (TSXV: AMX) (OTCQX: AMXEF)
https://www.amexexploration.com/



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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291561

FAQ

What does AMXEF announce about the Quebec gold resource on April 9, 2026?

AMXEF reports a 2.3 million ounce gold resource with grades above 6 g/t. According to the company, a PEA outlines strong economics, supported by local infrastructure and hydroelectric access for development.

How do the reported >6 g/t grades affect AMXEF's Quebec project economics?

High grades above 6 g/t generally improve project economics by raising potential metal yield per tonne. According to the company, combined with infrastructure, these grades support robust PEA economics and faster payback assumptions.

Does the AMXEF PEA indicate rapid payback for the Quebec gold project?

Yes, the PEA is described as showing rapid payback potential for the project. According to the company, payback assumptions are supported by high grades, a 2.3 million ounce resource, and available hydroelectric power.

What infrastructure advantages did AMXEF cite for the Quebec gold project?

AMXEF cites local infrastructure and hydroelectric access as development advantages. According to the company, these factors help lower operating costs and support the rapid payback scenario outlined in the PEA.

Is AMXEF's Quebec project producing gold today (AMXEF investors)?

No — the project is not yet in production and is advancing toward the next development stage. According to the company, the project remains pre‑production and will need further development steps.

What should investors know about AMXEF's next steps after the PEA?

Investors should expect project development work toward feasibility and permitting as next steps. According to the company, the PEA positions the project for further engineering and advancement toward production readiness.