High Grade Gold Discovery In Quebec
Excellent Infrastructure & Mining Friendly Jurisdiction
Eric Sprott Strategic Investor
Stock Code:
TSX-V: AMX, OTCQX: AMXEF, FRA: MX0
Company Exposure:
Gold
Project Locations:
Canada
Amex Exploration (TSX-V: AMX, FRA: MX0, OTCQX: AMXEF) has made significant gold discoveries on its 100% owned Perron Gold Project located in the mining friendly jurisdiction of Quebec. The project is well serviced by existing infrastructure, being located about an hour north of Rouyn-Noranda (~110 km), on a year-round road, 10 minutes from an airport and just outside the town of Normetal (~8 km). In addition, the project is in close proximity to a number of major gold producers’ milling operations. To date, Amex has hit very high-grade and visible gold in three different zones (Eastern Gold Zone, Gratien Gold Zone and Grey Cat Gold Zone) across the project that stretch over 3.2 km of lateral strike along the Perron Fault Zone. In addition, the Company has made two new high grade gold discoveries on the property which will require follow up drilling but have the potential to become new stand-alone gold zones.
Investment Highlights
- Large 100% owned land position in mining friendly, low geopolitical risk Quebec, Canada
- More than 15 km of prospective faults along underexplored Abitibi greenstone belt
- Regional geology and drilling suggest there is an opportunity to host multiple ore deposits of various types
- Orogenic gold and gold rich polymetallic VMS systems on the property
- Current exploration program aims to provide basis for maiden N143-101 resource estimate
- Proven experienced management team of mine finders
- Tight capital structure and well capitalized
- $30 million CAD exploration program underway
