- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Purpose Bitcoin ETF
Silver47 Exploration
Syntheia
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Amex Exploration Inc – High-Grade Gold Discoveries in Quebec’s Abitibi Greenstone Belt
Amex Exploration Inc. (TSXV:AMX, FRA:MX0, OTCQX:AMXEF) has launched its campaign on the Investing News Network’s resource channel.
Amex Exploration Inc. (TSXV:AMX, FRA:MX0, OTCQX:AMXEF) has launched its campaign on the Investing News Network’s resource channel.
Amex Exploration is a junior resource company working to develop its wholly-owned Perron gold property, which is located in the heart of Canada’s Abitibi Greenstone Belt. In addition to its Perron property, Amex Exploration is also developing a trio of other properties focused on gold and base metals in the region. The belt is recognized as one of the world’s largest and most productive mineral repositories, having produced more than 180 million ounces of gold.
Amex Exploration is currently working to explore three high-grade gold zones on the Perron property, the Eastern Gold zone, the Gratien Gold zone and the Grey Cat zone. Drilling at the Eastern gold zone returned notable assays of 56.75 g/t gold over 8.5 meters, 29.44 g/t gold over 8.50 meters, 269.33 g/t gold over 1.35 meters and 393 g/t gold over 1.7 meters. Each of the three zones remains open at depth and along strike, allowing for significant exploration upside and the potential to expand the existing resources.
Amex Exploration’s company highlights include the following:
- Large 100-percent-owned land position in mining-friendly Quebec.
- More than 15 kilometers of prospective faults in an underexplored section of the Abitibi greenstone belt.
- Regional geology and drilling suggest there is an opportunity to host multiple deposits of various types, including orogenic gold and gold-rich polymetallic VMS systems on the property.
- Current exploration program aims to provide a basis for maiden NI 43-101 resource estimate.
- An experienced management team of proven mine finders.
- Tight capital structure that is well-capitalized; Eric Sprott is the largest strategic shareholder with 12 percent of shares; management holds a combined 13 percent of shares.
- One of the top-performing TSX stocks of 2019.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.