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Amex Expl (AMXEF) Stock News

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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.

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.

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Amex Exploration (OTCQX:AMXEF) will present live on March 31 at 10:00 am ET during a virtual investor conference. The event aims to engage investors in real-time Q&A. Amex, focused on the Perron Project in Quebec, is currently conducting a 300,000 m drill program. Recent findings include drill results from the High Grade Zone showing 17.89 g/t Gold over 8.40 m and an additional structure grading 58.25 g/t Gold over 3.90 m. Interested investors can access the event via this link.

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Amex Exploration Inc. reported promising high-grade drill results from its Perron Gold Project in Quebec, confirming expectations for the continuity of the High Grade Zone (HGZ). Key highlights include:

  • Hole PE-20-187W2: 49.04 g/t Au over 2.20 m.
  • Hole PE-20-216: 13.94 g/t Au over 3.25 m.
  • Hole PE-20-230: 17.89 g/t Au over 8.40 m, including 223.87 g/t Au over 0.40 m.

Amex awaits results from over 15,000 additional samples targeting the HGZ and other zones, bolstering resource estimates.

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Amex Exploration has reported new high-grade gold discoveries at its Perron project. The newly identified 210 Gold Zone yielded impressive results, including 58.25 g/t Au over 3.90 m in drill hole PE-20-210, located northeast of the established High Grade Zone (HGZ). Additionally, results from the HGZ confirm continuity with significant intercepts, including 19.08 g/t Au over 3.00 m and 11.95 g/t Au over 6.00 m. With 10 drills currently operational, the company aims to continue advancing its exploration efforts.

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Amex Exploration Inc. has reported promising results from the High Grade Zone (HGZ) of the Eastern Gold Zone at its Perron property in Quebec. The findings reveal significant high-grade gold mineralization from multiple drill holes. Notably, Hole PE-20-187 intersected 3.85 metres of 25.04 g/t Au at approximately 1,100 metres depth. The HGZ now shows continuity of gold mineralization over 350 metres along strike, reaching depths greater than 1.1 km. Executive Chairman Jacques Trottier emphasized the robust nature of the mineralized system.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Amex Expl (AMXEF)?

The current stock price of Amex Expl (AMXEF) is $3.43 as of May 29, 2026.

What is the market cap of Amex Expl (AMXEF)?

The market cap of Amex Expl (AMXEF) is approximately 528.0M.