Amex Exploration Files Updated MRE for Perron Project
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Amex Exploration Files Updated MRE for Perron Project

byEleanor Laurence - Content Producer, The Assay
5 months ago
Reading Time: 1 min read
Amex Exploration Acquires Strategic Perron West Property

Amex Exploration Inc. (TSXV: AMX) has filed an updated NI 43-101 technical report, effective 21 May 2025, for its 100%‑owned Perron Gold Project in Quebec. The new resource estimate reveals 1.615Moz of measured and indicated gold at an average grade of 6.14g/t, alongside 698,000 inferred ounces at 4.31g/t, marking a 172% increase in tonnage and a 43% improvement in grade compared to last year.

The high-grade Champagne Zone now contains 831,000oz at 16.20g/t in the M&I category, with 128,000 inferred at 9.83g/t, underscoring its excellent continuity. The report adopted a selective, narrow-vein mining approach, goods for grade optimization and dilution control.

Amex has more than quadrupled its land package around Perron from 45.6km² to 197.5km² by incorporating adjacent Perron West, significantly expanding exploration potential. The site benefits from strong infrastructure, including year-round road access, proximity to an airport and milling facilities, and nearby labor in Normétal.

An updated preliminary economic assessment is expected later this year, incorporating the higher-grade resource model and aiming to enhance Perron’s economic profile ahead of potential development.

For more information, visit www.amexexploration.com

To read more articles like this, please visit www.theassay.com/news

Tags: MREQuebecTSXV:AMX
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Eleanor Laurence - Content Producer, The Assay

Eleanor Laurence - Content Producer, The Assay

Eleanor is a content producer for the 121 Mining Investment event series globally. With over two years of experience in the mining industry and six years in international roles in Hong Kong, she is now based in London, developing investor-focused content for both the event series and The Assay.

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