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.
News and updates for Amex Exploration Inc. (AMXEF) focus on the company’s exploration and technical work at its 100%-owned Perron Gold Project in Quebec and its broader land package in the Abitibi region. Amex’s releases regularly highlight high-grade gold drill results, copper-rich volcanogenic massive sulphide (VMS) discoveries, and progress on economic and engineering studies.
Recent news has covered the filing of an NI 43-101-compliant Updated Preliminary Economic Assessment (PEA) for Perron, followed by the start of a Phase 1 Feasibility Study. These items describe a staged development concept, with an initial contract mining and toll-milling operation in the Abitibi region and a subsequent owner-operated mine with on-site processing. Updates also include details of geomechanical drilling on the Champagne Zone, where Amex has reported very high-grade gold intercepts as part of rock mass characterization work.
Amex’s news flow also features regulatory and permitting milestones, such as the submission of a ministerial authorization request for an underground bulk sampling program targeting the Champagne and Denise zones. The company reports on exploration plans and drilling campaigns aimed at expanding zones like the Eastern Gold Zone and the Central Polymetallic Zone, as well as on regional exploration across Perron West, Abbotsford and Hepburn.
Community and corporate developments appear in the news as well, including presentations to local communities, the opening of community offices in Valcanton and Normétal, and equity-based compensation grants under the company’s omnibus equity incentive plan. Investors and observers following AMXEF news can use this page to track drilling results, technical reports, project studies, land acquisitions and community engagement initiatives related to Amex Exploration’s projects.
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.
Amex (OTCQX: AMXEF) received an Ontario drill permit and plans an inaugural 15,000 m drill program at its 100% owned Perron West project near Amex's 2.3 Moz Perron resource. Amex controls a 70 km strike of underexplored greenstone belt and has flown a 3,101 line-km VTEM survey; data are being processed.
The program targets EM anomalies, historical high-grade overburden gold, and geological repeats of Perron-style mineralization; targets remain conceptual pending drilling and verification.
Amex Exploration (OTCQX: AMXEF) entered an option to acquire 100% of 216 mining claims (≈11,600 hectares) in Newman, Noseworthy and Hepburn townships, Ontario.
Transaction terms include $104,000 cash over three years, 250,000 shares and a 1.5% NSR (one-third repurchasable for $1,000,000).
Amex Exploration (OTCQX: AMXEF) purchased a water treatment plant from ASDR and retained Norda Stelo to lead an Environmental Impact Assessment (EIA) for the Perron Project.
The water plant will support a bulk sample targeted for 2027 and be reused for Phase 1, while the EIA targets permits to enable Phase 1 operations in 2028.
Amex Exploration (OTCQX: AMXEF) signed an Exploration Agreement with the Apitipi Anicinapek Nation for the Perron West, Abbotsford and Hepburn Projects in Ontario.
The district-scale package covers 436.78 km2 with a 60 km strike; the agreement creates a community fund tied to exploration spending and secures AAN support for permitting.
Amex Exploration (OTCQX: AMXEF) reports further grade control results from the Champagne Zone at Perron, including 110.05 g/t Au over 2.15 m and 233.96 g/t Au over 1.00 m in hole PE-26-894 at ~145 m vertical depth.
The program aims to reconcile the block model, reduce drill spacing to ~5-10 m for the bulk sample, and supports a Phase 1 feasibility study on track for end of Q1.
Amex Exploration (OTCQX: AMXEF) announced grade control drill results for the Champagne Zone on February 18, 2026, supporting a planned bulk sample.
Highlight: 76.51 g/t Au over 6.40 m including 312.60 g/t Au over 1.55 m at ~200 m vertical depth; visible gold observed in two additional holes with assays pending. Drill spacing will be tightened to ~5-10 m to upgrade block-model confidence for bulk-sample stope design.
Amex Exploration (OTCQX: AMXEF) awarded a mandate to Moreau to prepare, plan and seek permits for a dedicated 25 kV medium-voltage power line ~6.5 km from Hydro-Québec's Normétal substation to the Perron Project in Valcanton. Subject to permits, commissioning is anticipated in Q3 2026.
The connection aims to replace diesel generation, support bulk sampling and Phase 1 operations under a toll-milling scenario, improve cost visibility and reduce GHG emissions.
Amex Exploration (OTCQX: AMXEF) said it is advancing a planned underground bulk sample at the Perron project and a Phase 1 Feasibility Study. The company submitted the bulk sample permit in September 2025 and is targeting commencement in H1 2026 subject to approvals. Evomine was awarded detailed engineering and FS work, and a 120 kg composite from the Champagne Zone was sent for metallurgical testing in December 2025. The Phase 1 FS is on track for completion and release by end of Q1 2026. Amex is targeting a potential project start-up in 2028 and says the FS will incorporate current market conditions, including higher gold prices.