Amex Announces Filing of Updated MRE Technical Report for the Perron Project
Amex Exploration (OTCQX:AMXEF) has filed an updated NI 43-101 Mineral Resource Estimate (MRE) Technical Report for its 100% owned Perron Gold Project in Quebec, Canada. The report, effective May 21, 2025, reveals significant resource growth with total Measured & Indicated Resources of 1.615 Moz at 6.14 g/t Au and Inferred Resources of 698 koz at 4.31 g/t Au.
The Champagne Zone showcases high-grade resources of 831 koz at 16.20 g/t Au in the Measured & Indicated category. The update represents a 172% increase in M&I Resources with a 43% increase in grade compared to the 2024 estimate. The company's land package has expanded from 45.6 to 197.5 km², offering additional exploration potential.
Amex Exploration (OTCQX:AMXEF) ha presentato un aggiornamento del rapporto tecnico NI 43-101 relativo alla stima delle risorse minerarie (MRE) per il suo progetto aurifero Perron, di proprietà al 100%, situato in Quebec, Canada. Il rapporto, valido dal 21 maggio 2025, evidenzia una crescita significativa delle risorse con risorse totali misurate e indicate pari a 1,615 milioni di once a 6,14 g/t Au e risorse inferite di 698 mila once a 4,31 g/t Au.
La zona Champagne presenta risorse ad alto tenore con 831 mila once a 16,20 g/t Au nella categoria misurata e indicata. L’aggiornamento rappresenta un aumento del 172% nelle risorse misurate e indicate e un incremento del 43% nel tenore rispetto alla stima del 2024. Il pacchetto di terreni della società è passato da 45,6 a 197,5 km², offrendo ulteriori potenzialità di esplorazione.
Amex Exploration (OTCQX:AMXEF) ha presentado un informe técnico actualizado NI 43-101 sobre la estimación de recursos minerales (MRE) para su proyecto aurífero Perron, propiedad 100% en Quebec, Canadá. El informe, con vigencia desde el 21 de mayo de 2025, revela un crecimiento significativo de recursos con recursos totales medidos e indicados de 1.615 Moz a 6,14 g/t Au y recursos inferidos de 698 koz a 4,31 g/t Au.
La zona Champagne muestra recursos de alta ley con 831 koz a 16,20 g/t Au en la categoría medida e indicada. La actualización representa un aumento del 172% en recursos medidos e indicados y un incremento del 43% en la ley en comparación con la estimación de 2024. El paquete de terrenos de la empresa se ha ampliado de 45,6 a 197,5 km², ofreciendo un potencial adicional para la exploración.
Amex Exploration (OTCQX:AMXEF)는 캐나다 퀘벡에 위치한 100% 소유한 페론 금 프로젝트에 대한 최신 NI 43-101 광물 자원 추정(MRE) 기술 보고서를 제출했습니다. 2025년 5월 21일 기준의 이 보고서는 총 측정 및 표시 자원이 1.615백만 온스, 금 함량 6.14 g/t이며, 추정 자원은 698천 온스, 금 함량 4.31 g/t으로 자원 규모가 크게 증가했음을 보여줍니다.
샴페인 존은 측정 및 표시 자원에서 831천 온스, 금 함량 16.20 g/t의 고품위 자원을 자랑합니다. 이번 업데이트는 2024년 추정치에 비해 측정 및 표시 자원이 172% 증가하고, 금 함량은 43% 상승한 결과입니다. 회사의 토지 면적은 45.6km²에서 197.5km²로 확장되어 추가 탐사 가능성을 제공합니다.
Amex Exploration (OTCQX:AMXEF) a déposé un rapport technique mis à jour NI 43-101 concernant l'estimation des ressources minérales (MRE) pour son projet aurifère Perron détenu à 100% au Québec, Canada. Le rapport, en vigueur au 21 mai 2025, révèle une croissance significative des ressources avec des ressources totales mesurées et indiquées de 1,615 million d'onces à 6,14 g/t Au et des ressources inférées de 698 000 onces à 4,31 g/t Au.
La zone Champagne présente des ressources à haute teneur de 831 000 onces à 16,20 g/t Au dans la catégorie mesurée et indiquée. Cette mise à jour représente une augmentation de 172 % des ressources mesurées et indiquées ainsi qu'une hausse de 43 % de la teneur par rapport à l'estimation de 2024. Le terrain détenu par la société s'est étendu de 45,6 à 197,5 km², offrant un potentiel d'exploration supplémentaire.
Amex Exploration (OTCQX:AMXEF) hat einen aktualisierten NI 43-101 Mineralressourcen-Schätzbericht (MRE) für sein zu 100 % im Besitz befindliches Perron Gold Projekt in Quebec, Kanada, eingereicht. Der Bericht, gültig ab dem 21. Mai 2025, zeigt ein signifikantes Wachstum der Ressourcen mit insgesamt gemessenen und angezeigten Ressourcen von 1,615 Mio. Unzen bei 6,14 g/t Au und abgeleiteten Ressourcen von 698.000 Unzen bei 4,31 g/t Au.
Die Champagne-Zone weist hochgradige Ressourcen von 831.000 Unzen bei 16,20 g/t Au in der Kategorie gemessen und angezeigt auf. Das Update stellt eine Steigerung der gemessenen und angezeigten Ressourcen um 172 % sowie eine Erhöhung des Gehalts um 43 % gegenüber der Schätzung von 2024 dar. Das Landpaket des Unternehmens wurde von 45,6 auf 197,5 km² erweitert und bietet weiteres Explorationspotenzial.
- 172% increase in Measured & Indicated Resources over 2024 estimate
- 43% increase in grade compared to previous estimate
- High-grade Champagne Zone contains 831 koz at impressive 16.20 g/t Au grade
- Land package expanded significantly from 45.6 to 197.5 km²
- 100% ownership of the Perron Gold Project
- None.
Montreal, Quebec--(Newsfile Corp. - July 7, 2025) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or "the Company") is pleased to announce that it has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") Updated Mineral Resource Estimate ("MRE") Technical Report for AMEX's
P&E Mining Consultants Inc. are responsible for the overall Report which was prepared in collaboration with Laurentia Exploration Inc. The Qualified Persons ("QPs"), as defined under NI 43-101, are Antoine Yassa, P.Geo., Charles Spath, M.Sc., P.Geo., Yungang Wu, M.Sc., P.Geo., Eugene Puritch, P.Eng., FEC, CET, and Jérôme Augustin P.Geo. Ph.D.
The Report is available on Company's website (www.amexexploration.com) and on SEDAR+ (www.sedarplus.ca).
Key Highlights of the Updated MRE were:
- Mineral Resource Estimate: All constrained Zones contain 1.615 Moz Measured & Indicated Resources at 6.14 g/t Au in 8.183 Mt and an Inferred Resource of 698 koz at 4.31 g/t Au in 5.044 Mt
- Champagne Zone (formerly the High Grade Zone) contains resources of 831 koz of Measured and Indicated Mineral Resources at a grade of 16.20 g/t Au in 1.594 Mt and 128 koz of Inferred at a grade of 9.83 g/t Au in 406 kt.
172% increase in Measured & Indicated Resources over the 2024 Mineral Resource Estimate, with a43% increase in grade realized.- Estimates based on high-grade, selective narrow vein mining operation approach
- Additional Mineral Resource potential: to expand the deposits in all directions for future Mineral Resource estimation. With a land package increase from 45.6 to 197.5 square kilometers ("km2") providing additional new targets to be explored. See press release dated March 25, 2025.
Table 1: Summary of total Mineral Resources at the Perron Project
| OPEN PIT CONSTRAINED | UNDERGROUND CONSTRAINED | TOTAL | ||||||||
| CoG = 0.40 g/t Au | CoG = 1.40 g/t Au | |||||||||
| Zone | Class | Tonnes | Au | Au | Tonnes | Au | Au | Tonnes | Au | Au |
| k | g/t | koz | k | g/t | koz | kt | g/t | koz | ||
| Total | Meas | 48 | 1.10 | 2 | 333 | 14.20 | 152 | 382 | 12.54 | 154 |
| Ind | 2,520 | 3.16 | 256 | 5,281 | 7.10 | 1,205 | 7,801 | 5.83 | 1,461 | |
| M&I | 2,569 | 3.12 | 258 | 5,614 | 7.52 | 1,357 | 8,183 | 6.14 | 1,615 | |
| Inf | 1,044 | 2.02 | 68 | 4,000 | 4.90 | 631 | 5,044 | 4.31 | 698 | |
Note: A vast increase in the amount of M&I Mineral Resources has been realized in the updated MRE due to multiple factors including manually smoothing classification solids after algorithmic classification and increased geological understanding and continuity.
About Amex
Amex Exploration Inc. has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its
When combined with the adjacent Perron West Project—which includes 48 claims (17.37 km²) in Quebec and 35 claims (134.55 km²) in Ontario—the consolidated land package spans a district-scale 197.52 km². This extensive property lies within highly prospective geology favourable for both high-grade gold and VMS mineralization.
The project benefits from excellent infrastructure: it is accessible by a year-round road, located just 20 minutes from an airport, and approximately 8 km from the Town of Normétal. It is also in close proximity to several milling operations owned by major gold producers.
For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: +1-514-866-8209
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements
This news release contains forward-looking statements. All statements, other than of historical facts, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including, without limitation, planned exploration programs, the expected positive exploration results, the extension of mineralized zones, the timing of the exploration results, the ability of the Company to continue with exploration programs, the availability of the required funds to continue with the exploration and the potential mineralization or potential mineral resources are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "to earn", "to have', "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to meet expected, estimated or planned exploration expenditures, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, general business and economic conditions, changes in world gold markets, sufficient labour and equipment being available, changes in laws and permitting requirements, unanticipated weather changes, title disputes and claims, environmental risks as well as those risks identified in the Company's annual Management's Discussion and Analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described and accordingly, readers should not place undue reliance on forward-looking statements. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257917
FAQ
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