HIGH GRADE GOLD DISCOVERY IN QUEBEC
EXCELLENT INFRASTRUCTURE & MINING FRIENDLY JURISDICTION ERIC SPROTT STRATEGIC INVESTOR
AMEX Exploration Inc. (TSX-V: AMX) is a junior mining exploration company focused on developing its 100% owned Perron Gold Project in Quebec, Canada. The Perron Eastern Gold Zone (EGZ) was discovered in December of 2017 during a regional exploration drilling campaign. The discovery hole, PE-17-03, identified two zones of near-surface mineralization, called the High Grade Zone and the Low Grade Zone, which returned values including 12.22 g/t Au over 4.66 m and 0.81 g/t Au over 76.5 m, respectively. Follow-up drilling in 2018 in drill hole PE2018-17 intersected values including 269.23 g/t Au over 1.35 m and 0.74 g/t Au over 20.75 m in the High Grade Zone and Low Grade Zone, respectively.
Following this, an aggressive exploration program totaling approximately 3,00 m targeting the High Grade Zone has begun, from which assays have returned grades including 393.33 g/t over 1.7 m in PE2019-22, 39.58 g/t Au over 0.75 m in PE2019-23, and 214.71 g/t Au over 0.65 m in PE2019-24. Visible gold has been intersected in virtually every hole of the EGZ exploration program to date. The property is well serviced by existing infrastructure and is road assessible.
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* Information in profile correct as of January 2019