Amex Exploration Inc. (TSXV: AMX) has announced a significant update to its mineral resource estimate at the company’s flagship Perron Gold Project in Quebec, delivering a major milestone in its development strategy.
The updated estimate outlines 1.615Moz of gold in the measured and indicated category at a grade of 6.14g/t Au, along with an additional 698,000oz in the inferred category, grading 4.31g/t Au. The estimate covers a total of 13.2Mt of mineralized material, confirming Perron’s potential as a high-grade gold system with strong continuity and scale.
“This update confirms the Perron Project as a significant high-grade gold system with clear upside potential,” said Jacques Trottier, executive chairman of Amex Exploration. “The consistency of grade and continuity of mineralization speak to the quality of the deposit and its future development prospects.”
The Perron Project, located in the Abitibi Greenstone Belt, a globally recognized mining district, is now positioned among Canada’s emerging high-grade gold assets. The company has completed over 150,000m of drilling to date and continues to explore extensions and satellite zones across the property.
This resource update strengthens Amex’s investment case as it continues to advance the Perron Project toward future development and potential production.
For further details, visit www.amexexploration.com
To read more articles like this, please visit www.theassay.com/news