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 Inc. has announced the addition of four diamond drill rigs at its Perron property, increasing the total to 10. Following a recent financing of $11.7 million, the company is expanding its planned drill program from 200,000 to 300,000 meters. Six rigs will focus on the Eastern Gold Zone, with two dedicated to the Denise Zone for bulk tonnage identification. Meanwhile, two rigs will explore the Grey Cat and Gratien Gold Zones. This significantly boosts exploration activities aimed at defining gold deposits and expanding known mineralization at Perron.
Amex Exploration Inc. announced impressive metallurgical results from its High Grade Zone (HGZ) within the Eastern Gold Zone (EGZ) on the 100% owned Perron property in Quebec. The results show overall gold and silver recoveries exceeding 99% from high, medium, and low-grade samples, indicating suitability for conventional milling operations. The findings suggest that a simple gravity-cyanidation flowsheet can achieve these high recoveries. The company plans to conduct further metallurgical work on additional zones, confirming the mineralization's compatibility with nearby active mills.
Amex Exploration Inc. (OTCQX: AMXEF) announced high-grade results from its High Grade Zone (HGZ) at the Eastern Gold Zone, Perron property in Quebec. Notable highlights include:
- PEM-20-005: 32.41 g/t Au over 15.60 m, with a peak of 853.40 g/t Au over 0.50 m.
- PE-20-179: 11.71 g/t Au over 8.10 m, including 92.19 g/t Au over 1.00 m.
These results suggest a robust gold mineralization and increased metal factor, indicating strong continuity in the high-grade gold deposits at depth.
Amex Exploration Inc. has reported promising drill results from the Denise Zone located in the Eastern Gold Zone (EGZ) on its Perron property in Quebec. Significant intersections include Hole PE-20-172 with 14.00 meters of 8.19 g/t Au, and Hole PE-20-180 with 5.35 meters of 5.31 g/t Au. The findings indicate potential for expanded resources in the Denise Zone, which features altered rhyolite and quartz veins. The company plans to continue drilling to fully evaluate the area's potential, including the adjacent High Grade Zone (HGZ), aiming to further enhance gold resource estimates.