Amex Exploration Inc.

account_balanceMining

  About Us
Amex Exploration Inc. (TSX-V: AMX) is a junior mining exploration company focused on developing viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold and base metal project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares; and the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares.
Website

http://www.amexexploration.com/

http://www.amexexploration.com/

Headquarters

410 St-Nicolas Bureau 236 Montréal, Québec H2Y 2P5

Public Issuance

1986

Shares Outstanding

46.75m

Corporate Filings

SEDAR

Stock Symbol

AMX:CA

location_on410 St-Nicolas Bureau 236 Montréal, Québec H2Y 2P5
 3 Reasons to invest
  1. Québec has significant mining potential that accounts for one-fifth of Canada’s mineral production.
    The province produces and beneficiates 15 metals and 14 non-metallic minerals, making it the most
    diverse resource base in Canada. This diversification is set to increase with the arrival of tantalum,
    vanadium, and apatite mining projects.

  2. Québec is recognized worldwide for the quality of its labor force. The province has long been a mining
    producer and boasts experienced workers in every region, as well as specialized suppliers for every
    phase of the mineral development process. According to a study published in 2016, nearly 5,500
    suppliers of goods and services work for the mining sector, 75% of which are in Québec15. The mining
    industry directly employs nearly 16,000 people

  3. Gold is a good hedge against inflation. When inflation rises, the value of currency goes down.  Gold is a tangible asset. Gold is one of the few assets that is tangible, and thus, it creates a perception of safety among investors. ...

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 Current Team
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Perron Property

The Perron gold property is located in the western part of the Normetal property, 8 kilometers to the NW of the village of Normetal, and approximately 110 kilometers North of the town of Rouyn-Noranda in the Abitibi region of Quebec. The property consists of 116 adjacent claims covering a total area of 4517.88 hectares and is 100%-owned by Amex Exploration. The property is located in the Archean Greenstone Belt of the Lac Supérieur structural province. The area is crossed by the regional NW-SE trending Normetal fault.  This fault delineates a major structural corridor associated to massive sulphide deposits such as the nearby now closed polymetallic (Cu-Zn-Au-Ag) Normetal mine and the Zn Normetmar deposit and a few gold-bearing vein showings.
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Lebel-Sur-Quevillon Property
The Lebel-sur-Quévillon gold project consist of 4 properties that are located 26 km North of Lebel-sur-Quévillon in the north-western part of the province of Quebec and 150 kilometers to the North East of Val D’Or. The 100% owned properties consists of 263 claims covering 14,743 hectares. Geologically, the property is covered by volcano sedimentary rocks of the Abitibi Sub province.  The property is strategically located near the intersection of the Cameron and Chieftain regional deformation corridors and Franquet and Wedding faults.
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Eastmain River Property
The Eastmain River properties are situated in the Eeyou Istchee Territory, James Bay, Québec, approximately 350 km north of the town of Chibougamau in the Plan Nord Region. The claims are accessible from Chibougamau by the new 243-kilometer-long all-season road to Stornoway’s Renard Diamond Mine (route 167 extension from Temiscamie). The area witnessed a surge in exploration with the construction of route 167 as it provided road access to an area that was previously underexplored due to limited infrastructure and access. 

Today, the Eastmain region host multiple lodging facilities, has near-by power and is being actively explored by a number of companies including Eastmain Resources, Osisko Mining and Soquem. Infrastructure in the area has reduced the costs of exploration programs dramatically. In addition the Quebec Government has introduced a financial exploration incentive program consisting of 38.5% tax refund on hard dollar exploration expenditures.
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Gowan Property
Located in Gowan Township, 19 km NE of Timmins and 10 km East of Kidd Creek the Gowan property consist of 2 block claims covering 256 hectares of a prospective package of felsic volcanic rocks similar to those which host the Kidd Creek Mine. Amex is earning in for 100% interest in Gowan. To do so Amex will issue a total of 400,000 shares and cash payments totalling $20,000 in equal instalments over a four year period. In addition Amex must incur exploration expenses in the total amount of $25,000 over 4 years. A 2.5% Net Smelter Royalty (NSR) of which 1% can be bought back for $1M within 6 months of a feasibility study.
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