Welcome to our dedicated page for Amex Gold Mining news (Ticker: AMXEF), a resource for investors and traders seeking the latest updates and insights on Amex Gold Mining stock.
Amex Exploration Inc. develops and explores gold projects in the Abitibi Greenstone Belt, with news centered on the Perron gold project in Québec and Perron West in Ontario. Company updates commonly cover drill results, grade-control work, bulk-sample permitting, feasibility-study economics, toll-milling development plans, and exploration targeting across its gold and VMS prospective land package.
Amex Gold Mining (OTCQX: AMXEF) has retained CMAC-Thyssen Mining Group as underground mining contractor for its planned 40,000-tonne bulk sample at the wholly owned Perron Gold Project in northwestern Québec. CMAC’s mobilization is expected in late July 2026, with underground development to follow.
The bulk sample aims to generate operational, technical and metallurgical data to confirm assumptions used in the feasibility study, validate mining methods and refine mine planning. Amex continues to advance supporting infrastructure, including electrical distribution, water management, surface facilities and portal construction, with the first portal blast targeted for mid-July 2026.
Amex Gold Mining (OTCQX: AMXEF) reported continued progress on construction for its 40,000-tonne underground bulk sample at the Perron Gold Project in Quebec. Key updates include completed infrastructure pads, installation of temporary facilities, arrival and installation of the water treatment plant, and selection of the underground portal construction contractor.
Portal construction is planned to start the week of July 6, 2026, with underground mining contractor mobilization targeted for late July 2026. Connection to Hydro-Québec’s grid is anticipated later in 2026 or early 2027, and the bulk sample will be mined from the Champagne Zone.
Amex Exploration (OTCQX: AMXEF) will change its name to Amex Gold Mining, effective at market open on July 3, 2026. The TSX Venture Exchange listing will reflect the new bilingual name.
The change follows key permits and a positive feasibility study for Phase 1 production at the Perron Gold Project. Stock symbols stay the same, with new CUSIP 03114D108 and ISIN CA03114D1087. No share consolidation or shareholder action is required.
Amex Exploration (OTCQX: AMXEF) filed its NI 43-101 Phase 1 Feasibility Study technical report for the wholly owned Perron gold project in Quebec.
Highlights include 774,500 oz of Proven and Probable reserves, average annual production of 147,000 oz, post-tax NPV(5%) of C$1.13B, IRR of 114.6%, initial capex of C$193.9M, 0.5-year payback, and life-of-mine AISC of US$910/oz.
Amex Exploration (OTCQX: AMXEF) has begun a 15,000 m maiden drill program at the Perron West Project in Ontario, with the first of two rigs mobilized and a second rig expected shortly. The Company now controls a contiguous 570.94 km2 land package across the Abitibi Greenstone Belt. Amex also engaged SRC Swiss Resource Capital under a 12-month IR agreement at 6,000 CHF/month, subject to TSXV approval. Qualified Persons note targets are conceptual and require further work to determine any mineral resources.
Amex Exploration (OTCQX: AMXEF) released a Phase 1 feasibility study for the 100%‑owned Perron gold project on April 13, 2026. Phase 1 targets average annual production of 147,000 oz at an AISC of US$910/oz, with initial CAPEX of CAD$193.9M and sustaining CAPEX of CAD$238.2M. The study reports an after‑tax NPV(5%) of CAD$1.13B, after‑tax IRR of 114.6%, and a 0.5 year after‑tax payback, assuming a gold price of US$3,500/oz.
Phase 1 uses a 1,100 tpd toll‑milling contract over five years, with Proven & Probable reserves of 1,989 kt at 12.1 g/t (774 koz).
Amex (OTCQX: AMXEF) released a Phase 1 feasibility study for the 100%-owned Perron gold project on April 13, 2026. Phase 1 targets average annual production of 147,000 oz at an AISC of US$910/oz, with initial CAPEX of CAD$193.9M and after-tax NPV5 of CAD$1.13B.
The plan is a 2-year pre-production ramp into 5 years of commercial underground mining with toll milling (targeting revenue in 2028), Proven and Probable reserves of 1,989 kt at 12.1 g/t (774 koz contained) and after-tax IRR of 114.6%.
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.
Amex Exploration (OTCQX: AMXEF) announced final grade control results for the Champagne Zone bulk sample on March 31, 2026. Key intercepts include 22.27 g/t Au over 6.40 m and 200.80 g/t Au over 0.65 m. The program tightened drill spacing to ~5–10 m and will inform updated wireframes and stope designs.
QA/QC protocols and an independent Qualified Person reviewed and approved the geological information.
Amex Exploration (OTCQX: AMXEF) obtained ministerial authorizations and the Authorization for Impact Work to proceed with a 40,000-tonne underground bulk sampling program at the Perron gold project. The company also completed the financial guarantee required under Québec's Mining Act, enabling transition to execution.
Field prep starts in April with portal construction targeted for early summer 2026; long-lead orders and major tenders have been launched and a Phase 1 Feasibility Study (toll milling scenario) is expected in the coming weeks.