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.
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Amex Exploration Inc. has announced significant drill results from its Perron Gold Project in Quebec, revealing a record assay grade of 929.24 g/t Au over 0.50 metres in hole PE-21-344. Additionally, hole PE-21-286W2 returned 15.04 g/t Au over 4.10 metres. These results indicate a potential expansion of the High Grade Zone (HGZ), with ongoing exploration as the company approaches a maiden resource estimate. Amex's strategy continues to focus on gold project development in Quebec.
Amex Exploration Inc. announced significant drill results from the High Grade Zone (HGZ) of the Perron Gold Project in Quebec. Notably, hole PE-21-329 revealed 36.86 g/t Au over 13.10 metres and a record metal factor of 483 at a vertical depth of approximately 200 metres. Additional results include 15.18 g/t Au over 14.85 metres in hole PE-21-338 and 38.07 g/t Au over 2.60 metres in hole PE-21-307. These findings suggest a promising expansion of the HGZ, with potential positive impacts on the upcoming resource calculation.
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.