Amex Exploration has made multiple significant gold discoveries on its 100% owned high-grade Perron Gold Project located in the mining-friendly jurisdiction of Québec. Amex has also discovered gold and copper-rich VMS zones on the same mineral rich Perron property. The project, consisting of 117 contiguous claims covering 4,518 hectares, is well-serviced by existing infrastructure, being located about an hour north of Rouyn-Noranda, 10 minutes from anairport, 8 km from the town of Normétal, and is proximal to a number of major gold producers in the heart of the Abitibi.
Eric Sprott – 12.2%
Commodity Capital AG – 4.4%
Caisse de dépôt et placement du Québec – 2.5%
Ruffer – 1.8%
Jupiter Asset Management – 1.1%
Management Ownership – 8%
Victor Cantore – President and CEO, Director
Mr. Cantore is a seasoned capital markets professional specializing in the resource and hi tech sectors. He has more than 20 years of advisory and leadership experience having begun his career in 1992 as an investment advisor and then moving into management roles at both public and private companies. During his career he has organized and structured numerous equity and debt financings, mergers and acquisitions, joint venture partnerships and strategic alliances. Mr. Cantore serves on the boards of various companies both private and public.
To meet existing and new investors in Amex Exploration
June 20, 2022 – AMEX REPORTS COPPER-RICH VMS INTERCEPTS WITH VALUES OF UP TO 2.86% CUEQ OVER 6.40 M INCLUDING 4.81% CUEQ OVER 1.60 M FROM QF ZONE
June 16, 2022 – AMEX REPORTS 15.85 M OF 15.52 G/T AU AND 11.00 M OF 11.27 G/T AU FROM HIGH GRADE ZONE EXPANSION DRILLING
May 9, 2022 – AMEX REPORTS 30.90M OF 11.57G/T AU FROM EASTERN DENISE EXPANSION ZONE AND 10.10M OF 3.71G/T AU FROM THE E2 GOLD ZONE
Continue definition drilling on High Grade Gold Zone and the Denise Zone bulk tonnage target.
More borehole geophysics and drilling on QF copper-rich VMS zone.
Develop framwork for PEA.
Continue intensive drill program to expand the resource
Sentiment from investors in the mining sector has been cautious due to world events. Amex Exploration has diligently continued to present the prospects of the company which has resulted in an upward trend in the share price from a 52 week low of $1.45
The discoveries Amex has made and continues to find, show the potential of the size and economic value that the Perron project represents, thanks to the ability and knowledge of the Amex team.
1. The discoveries made so far on the Perron project have the potential to be a producing mine due to the grade, widths and continuity
2. Amex raised C$49 million in February before the pull back in the sector. The company can achieve its exploration goals without further dilution to shareholders.
3. The project is in proximity to major gold producers the project could be of interest to supply feed for their existing mills.