Amex Exploration Inc.

lockPrivate Group

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 R...

people7 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200 200  png
  • Thumb no photo
Request Membership


Amex Exploration Inc.

lockPrivateGroup

Amex Exploration Inc. (TSX-V: AMX) is a junior mining exploration company focused on developing viable gold and base ......

people7 Members       (0)

Thumb 8020 monitor 200 200  png

8020 Admin

16 days

8020 Admin posted a press release Amex Drills 32.22 g/t Au Over 5.90 Meters Including 374.06 g/t Au Over 0.50 Meters at Perron in AMEX EXPLORATION INC.

MONTREAL, June 03, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; OTCQX: AMXEF; FRA: MX0) is very pleased to announce the results from several drill holes targeting the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) in northwestern Quebec as part of its 25,000 meters drilling program focused on the EGZ and regional exploration. The current results include both deep and shallow drill holes testing the High Grade Zone (“HGZ”) and Low Grade Zone (“LGZ”). A complete list of results are provided in table 1 and figures 1 and 2.


In the HGZ, drill hole PE-19-46 intercepted 1.10 meters of 9.36 g/t Au including 0.50 meters of 18.12 g/t Au at a vertical depth of ~210 meters. Drill hole PE-19-47 intercepted 5.90 meters of 32.22 g/t Au including 0.50 meters of 374.06 g/t Au at a vertical depth of ~220 meters. Drill hole PE-19-48 intercepted 10.65 meters of 4.68 g/t including 0.55 meters of 78.28 g/t Au at a vertical depth of ~360 meters. The mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite.


In the LGZ, drill hole PE-19-46 intersected 8.50 meters of 0.55 g/t Au, 8.50 meters of 1.17 g/t Au including 0.50 meters of 14.74 g/t Au, and 6.00 meters of 0.75 g/t Au at approximate vertical depths between ~250 meters and ~390 meters. The mineralization, which is characteristic of the LGZ, consists of disseminated and quartz-vein-hosted gold, pyrite, and sphalerite associated with intense sericite alteration of a regionally extensive rhyolite.


Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration commented, “Our HGZ continues to deliver excellent very high-grade gold results which has become typical for this zone as shown in hole PE-19-47. Of note PE-19-48 included the highest-grade deep intercept that Amex has intercepted to date, while hole PE-19-46 added strike extension. I am very encouraged by the results from the HGZ as we build our knowledge of the geometry and fill in the spacing between holes. The LGZ continues to deliver gold mineralization at depth and I look forward to exploring this zone further especially as we drill deeper to test the vertical extension of both zones and the possibility that they could merge at depth. We are coming into an active season of summer drilling both at the EGZ and on interesting regional targets. We are well financed and are expecting a robust flow of news as we report on our drilling progress.”


Read more here: https://www.quotemedia.com/portal/quote?qm_symbol=AMX%3ACA&qmodStoryID=5804652739884564 

!
Thumb 8020 monitor 200 200  png

8020 Admin

27 days

8020 Admin posted a press release OTC Markets Group Welcomes Amex Exploration Inc. to OTCQX in AMEX EXPLORATION INC.

NEW YORK, May 23, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Amex Exploration Inc. (TSX-V: AMX ; OTCQX: AMXEF), a junior mining exploration company, has qualified to trade on the OTCQX® Best Market.


Amex Exploration begins trading today on OTCQX under the symbol "AMXEF."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.


"We are pleased to welcome Amex Exploration to the OTCQX Best Market," said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. "OTCQX companies must meet high financial standards, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. We look forward to supporting Amex Exploration as the company seeks to build visibility among U.S. investors."


"Trading on the OTCQX Market is an important milestone as it provides US investors with a pathway to invest and participate in the Amex Exploration story," commented Victor Cantore, President and CEO of Amex Exploration. "We recently made an important super high-grade gold discovery in the Quebec, Canada, reporting gold values rarely seen in Quebec. Our project is located just 1 hour north of Rouyn, a major mining camp and is year-round accessible. Exploration drilling is expected to continue throughout the year providing for ample news flow on this important new gold discovery."   


J.P. Galda & Co. acted as the company's OTCQX sponsor.


About Amex Exploration Inc.
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares. Perron is the flag ship asset of the Company and a 25,000 metre drill program was recently announced for the 2019 year. In addition, the Company holds the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine.


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.


To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.


OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.


Subscribe to the OTC Markets RSS Feed


Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com 



OTC Markets Group logo. (PRNewsFoto/OTC Markets Group)



View original content to download multimedia:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-amex-exploration-inc-to-otcqx-300855528.html

!
Thumb 8020 monitor 200 200  png

8020 Admin

27 days

8020 Admin posted a press release Amex Exploration Begins Trading on OTCQX in AMEX EXPLORATION INC.


MONTREAL, May 23, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; OTCQX: AMXEF; FRA: MX0) today announced that it has qualified to trade on the OTCQX® Best Market, operated by OTC Markets Group Inc.


Amex Exploration begins trading today on OTCQX under the symbol “AMXEF.”  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.


“We are pleased to welcome Amex Exploration to the OTCQX Best Market,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “OTCQX companies must meet high financial standards, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. We look forward to supporting Amex Exploration as the company seeks to build visibility among U.S. investors.”


“Trading on the OTCQX Market is an important milestone as it provides US investors with a pathway to invest and participate in the Amex Exploration story,” commented Victor Cantore, President and CEO of Amex Exploration. “We recently made an important super high-grade gold discovery in the Quebec, Canada, reporting gold values rarely seen in Quebec. Our project is located just 1 hour north of Rouyn, a major mining camp and is year-round accessible. Exploration drilling is expected to continue throughout the year providing for ample news flow on this important new gold discovery.”   


J.P. Galda & Co. acted as the company’s OTCQX sponsor.


About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.


To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.


OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.


Subscribe to the OTC Markets RSS Feed


Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


About Amex Exploration Inc.
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares. Perron is the flag ship asset of the Company and a 25,000 metre drill program was recently announced for the 2019 year. In addition, the Company holds the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine.


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


Forward-looking statements:


Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release



Primary Logo


!
Thumb 8020 monitor 200 200  png

8020 Admin

29 days

8020 Admin posted a press release Amex Drills 8.50 Meters of 30.98 g/t Au Including 0.70 Meter of 317.53 g/t Au at Perron in AMEX EXPLORATION INC.

MONTREAL, May 21, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce the results from several drill holes targeting the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) in northwestern Quebec as part of its 25,000 metre drilling program focussed on the EGZ and regional exploration. The current results include both deep and shallow drill holes testing the High Grade Zone (“HGZ”) and Low Grade Zone (“LGZ”). A complete list of results is provided in table 1 and displayed in figures 1 and 2.


In the HGZ, drill hole PE-19-45 intercepted 8.50 meters of 30.98 g/t Au including 0.70 meter of 317.53 g/t Au and 0.60 meter of 65.39 g/t Au in the HGZ at a vertical depth of 125 meters. Drill hole PE-19-43 intercepted 9.10 meters of 2.34 g/t Au including 0.80 meter of 23.66 g/t Au at a vertical depth of 350 meters. The mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs.


In the LGZ, drill hole PE-19-44 intersected 13.50 meters of 0.68 g/t Au at an approximate vertical depth of 500 meters. Drill hole PE-19-45 intercepted several lenses of mineralization including 14.0 meters of 0.70 g/t Au including 0.50 meter of 14.29 g/t Au, 4.50 meters of 1.67 g/t Au, and 6.00 meters of 2.20 g/t Au at vertical depths ranging between approximately 160 meters and 250 meters. The mineralization, which is characteristic of the LGZ, consists of disseminated and quartz-vein-hosted gold, pyrite, and sphalerite associated with intense sericite alteration of a regionally extensive rhyolite.


Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration commented, “Drilling at the Eastern Gold Zone continues to identify very high-grade gold mineralization. This round of drilling tightens up the lateral and vertical spacing between holes in the HGZ while we continue to explore and define the system. Each data point is an important input for our model and helps better target future drilling. Figure 2 indicates the progress that the Company has made to date in defining the extent and continuity of the system.” Trottier continued, “I am also encouraged by the LGZ results which clearly demonstrate continuity with a good potential to develop significant gold grade over important widths. We will continue to explore the LGZ this year and test our hypothesis that the two Zones (i.e., HGZ and LGZ) could potentially merge at depth.” 


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=7730116522727436 

!
Thumb 8020 monitor 200 200  png

8020 Admin

2 months

8020 Admin posted a press release Amex Adds Second Drill at Perron, Identifies New Targets and Increases Exploration Program To 25,000 Metres in AMEX EXPLORATION INC.

MONTREAL, May 02, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is pleased to announce that following a very successful drill campaign year to date, the Company has decided to significantly increase its exploration program on the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”). The Company will be bringing a second rig to Perron and is increasing it’s drilling campaign from the previously announced 10,000 metres to 25,000 metres. The expanded drill program is fully funded with existing capital.


So far in 2019, Amex has drilled 7,058 metres in 23 drillholes. Every single one of these drillholes has intersected reportable gold mineralization, i.e., greater than 1 g/t Au over variable widths. Additionally, sixteen of these drillholes have intersected gold mineralization greater than 10 g/t Au over variable widths. Management is very encouraged by the Company’s progress thus far and has approved an additional 15,000 metres of drilling. The Company expects to mobilize a second rig to site next week.


“The Perron project continues to impress with each drillhole that we’ve released this year. The 2018 and 2019 exploration programs have been transformative for the Company. We are very excited and encouraged by our progress to date and look forward to continued exploration on this highly prospective project. The second drill will increase our rate of news as we drill deeper in the system,” commented Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration.


The second rig will continue to drill on the Eastern Gold Zone in order to assist with exploration and definition drilling on the High Grade Zone and will also be used to extend several 2019 drillholes in to the Low Grade Zone. In addition, this drill will also be testing several high priority regional exploration targets.


Using the geological model of the Eastern Gold Zone (“EGZ”), the Company has identified several regional exploration targets that share many geological characteristics of the EGZ. These targets include both grassroots locations and areas of historic drilling that have been underexplored or left open. Of particular interest, is the Perron Gold Zone (“PGZ”), which is a kilometer-long mineralized structure that was previously explored through the 1990’s and early 2000’s as a bulk tonnage gold mineralised system. At the PGZ, the Company has identified potential areas of high grade lenses that show similarities to the EGZ, including spatial correlation with an high-magnetic mafic intrusions, secondary orders north-east south-west structures, sodic rhyolite host-rocks and high grade gold bearing quartz-veins. Historic drill intercepts from the PGZ include 24.59 g/t Au over 5.50 meters in PE1997s14* including 330.79 g/t Au over 0.40 meter, 10.25 g/t Au over 8.00 meters in PE1997s24*, including 77.69 g/t Au over 1.00 meter and 11.97 g/t Au over 5.10 meters in PE2008s03*, including 56.13 g/t Au over 1.00 meter.

* The historic intersections presented are available in GM56315 (PE1997s14), GM56219 (PE1997s24) and in Amex Exploration Inc. 2009 43-101 technical report available on SEDAR (PE2008s03).


Trottier continued, “Recently, our exploration team has identified some very interesting new targets which bear a similar geological signature to the EGZ elsewhere on the property and having a second drill gives us the flexibility to go test these targets while maintaining our activity on the EGZ. With the knowledge we have gained from exploration on the EGZ, we now see the historical drilling from a different perspective, and I am very excited about the potential for other similar mineralized gold zones elsewhere on the property. Our Perron property covers about 40 square kms of greenstone belt that has the potential to host several of these types of gold rich systems such as the EGZ.”


Qualified Person
Maxime Bouchard M.Sc.A., P.Geo. (OGQ 1752) and Jérôme Augustin Ph.D., P.Geo. (OGQ 2134) Independent Qualified Persons as defined by Canadian NI 43-101 standards, have reviewed and approved the geological information reported in this news release. The drilling campaign and the quality control program have been planned and supervised by Maxime Bouchard.


The qualified persons have not completed sufficient work to verify the historic information on the Property. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.


About Amex
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine.


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


Forward-looking statements:


Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

!
Thumb 8020 monitor 200 200  png

8020 Admin

2 months

8020 Admin posted a press release Amex Expands Eastern Gold Zone to Depth and Along Strike at Perron in AMEX EXPLORATION INC.

MONTREAL, April 30, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) continues to intersect high grade gold mineralization in additional step out drillholes.


The current results include several high grade intersects, including 42.81 g/t Au over 0.50 m and 32.13 g/t Au over 0.60 m in PE-19-37 and 45.57 g/t Au over 0.50 m in PE-19-42. These holes are some of the deepest that the Company has drilled to date on High Grade Zone (“HGZ”) of the EGZ. The intersected mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs. Additional gold-bearing intersections are detailed in Table 1 and shown in Figure 1 and 2.


“Amex continues to intersect excellent gold grades in the Eastern Gold Zone. To date, more than 11 holes have interested the HGZ with values greater than one ounce per tonne of gold, over the entire width of one or both gold-bearing quartz veins, over a vertical depth of 425 metres. Each drill hole targeting the zone has intersected the two veins, which is especially encouraging as we test the system to depth. Further, the system is showing good continuity and very little indication of post-mineralization deformation, which is highly beneficial for exploration targeting and potential future development,” commented Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration.


Read more here:  https://www.quotemedia.com/portal/quote?qm_symbol=AMX%3ACA&qmodStoryID=4727271615933571 

!
Thumb 8020 monitor 200 200  png

8020 Admin

3 months

8020 Admin posted a press release Amex Expands High Grade Zone on Strike and to Depth at Perron With 11.05 g/t Au Over 10.3 m Including 99.2 g/t Au Over 0.5 m and 77.61 g/t Au Over 0.6 m in AMEX EXPLORATION INC.

MONTREAL, March 26, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) continues to intersect high grade gold mineralization in additional step out drillholes.


Drill hole PE-19-36 intersected 11.05 g/t Au over 10.3 m including 99.2 g/t Au over 0.5 m, 18.3 g/t Au over 0.5 m, and 77.61 g/t Au over 0.6 m on the Company’s furthest east 25 metre step-out hole testing the High Grade Zone (“HGZ”). The intersected mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs. Additional gold-bearing intersections are detailed in Table 1 and shown in Figures 1 and 2.


Read more here: https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=6398042312304797 

!
Thumb 8020 monitor 200 200  png

8020 Admin

3 months

8020 Admin posted a press release Amex Intersects 248.05 g/t Au Over 0.80 m in PE-19-33 and 156.83 g/t Au Over 0.65 m in PE-19-31 at Perron in AMEX EXPLORATION INC.

MONTREAL, March 13, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) has successfully intersected additional high grade gold mineralization.


Drill hole PE-19-31 intersected 89.59 g/t Au over 1.15 m including 156.83 g/t Au over 0.65 m at a shallow vertical depth of only 85 m. Drill hole PE-19-33 intersected 32.11 g/t Au over 7.20 m including 52.19 g/t Au over 0.5 m in the upper vein and 248.05 g/t Au over 0.8 m in the lower vein at a vertical depth of 245 m. The intersected mineralization, which is characteristic of the EGZ High Grade Zone (HGZ), consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs. Additional gold-bearing intersections are detailed in Table 1.


Read more here: https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=7956800214637564 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Launches 10,000m Drill Program at Eastern Gold Zone and Creates Drill Data Room on Website in AMEX EXPLORATION INC.

MONTREAL, March 05, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce the launch of a significantly expanded drilling program on the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”). The expanded exploration program will involve approximately 10,000 metres of drilling, testing the depth and lateral extensions of the High Grade Zone ("HGZ") of the EGZ. In addition to the HGZ, the Company will also continue to test the geometry and nature of the parallel Low Grade Zones (“LG1” and “LG2”) as a second priority.


This drill program follows the completion of a very successful 3,000 metre drill program, which intersected the High Grade Zone over a vertical distance of approximately 150 metres and a lateral distance of 50 metres pierce point to pierce point with a spacing varying from 25 to 50 metres. The High Grade Zone extends to a depth of approximately 275 metres below surface and remains open towards surface, to depth, and along strike. In addition, the Company wishes to announce that it has intersected additional visible gold during its ongoing drill program.


“With the success of our drilling on the Eastern Gold Zone to date and our substantial cash position obtained from the recent financing, the Company is ready to expand upon our very exciting discovery,” commented Victor Cantore, CEO of Amex Exploration. “Drilling to date has indicated that the HGZ is linear, continuous, and is host to substantial gold mineralization. With an all-in drilling cost of only roughly $160 per metre and a cash position of greater than $5 million, the Company is very well financially positioned to expand the program further following continued success.”


In addition, as part of Amex’s commitment to maximum transparency and in keeping with industry best practices, Amex is delighted to provide its drilling data on the Company’s website at http://www.amexexploration.com/perron/drill-data-room/. The data will include drill coordinates, downhole surveys and assay composites for all drilling completed on the EGZ. The Company will regularly update the data as the current drill program progresses.


About the Eastern Gold Zone
The EGZ was discovered in December of 2017 during a regional exploration drilling campaign. The discovery hole, PE-17-03, identified two zones of near-surface mineralization, called the High Grade Zone and the Low Grade Zone, which returned values including 12.22 g/t Au over 4.66 metres and 0.81 g/t Au over 76.5 metres, respectively. Follow-up drilling in 2018 in drill hole PE2018-17 intersected values including 269.23 g/t Au over 1.35 metres and 0.74 g/t Au over 20.75 in the High Grade Zone and Low Grade Zone, respectively. Following this, an aggressive exploration program targeting the High Grade Zone has begun, from which assays have returned grades including 393.33 g/t over 1.7 metres in PE-19-22, 39.58 g/t Au over 0.75 metres in PE-19-23, 214.71 g/t Au over 0.65 metres in PE-19-24, and 56.75 g/t Au over 8.5 metres in PE-19-27.


Qualified Person
Maxime Bouchard M.Sc.A, P.Geo and V-P of Laurentia Exploration, an Independent Qualified Person as defined by Canadian NI 43-101 standards, has reviewed and approved the geological information reported in this news release. The drilling campaign and the quality control program have been planned and supervised by Maxime Bouchard and Amex’s management. The quality assurance and quality control protocol includes insertion of blank or standard every 10 samples on average, in addition to the regular insertion of blank, duplicate, and standard samples accredited by Laboratoire Expert during the analytical process. Gold values are estimated by fire assay with finish by atomic absorption and values over 3 ppm Au are re-analysed by fire assay with finish by gravimetry by Laboratoire Expert Inc, Rouyn-Noranda. Samples containing visible gold mineralization are analyzed by metallic sieve. For additional quality assurance and quality control, all samples were crushed to 90% less than 2mm prior to pulverization, in order to homogenize samples which may contain coarse gold. Core logging and sampling was completed by Laurentia Exploration (Maxime Bouchard, P.Geo and Alizée Lienard GIT, both M.Sc.A).


About Amex
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine.


For further information, please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


Forward-looking statements:


Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Intersects 581.59 g/t Gold Over 0.80 Metre in First Step Out Drilling Expanding the High Grade Zone at Perron in AMEX EXPLORATION INC.

MONTREAL, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) has successfully intersected additional high grade gold mineralization in the first lateral step-out program on the High Grade Zone ("HGZ") of the EGZ.


Drill hole PE-19-27 intersected 56.75 g/t Au over 8.50 m including 581.59 g/t Au over 0.80 m (see Table 1) at a vertical depth of ~225 m and a lateral distance of ~25 m to the East from the previously defined vertical section of the High Grade Zone (see fig. 1 and 2). The intersected mineralization consists of two quartz veins located on either side of a foliated and fine grained mafic intrusive crosscutting a large unit of silicified rhyolite. The upper quartz vein returned a value of 17.33 g/t Au over 1.0 m and the lower quartz vein returned 581.59 g/t Au over 0.80 m. Each of these two quartz veins contains pyrite, sphalerite, and numerous visible gold as coarse grains, flakes, or points.


Read more herehttps://quotemedia.com/portal/quote?qm_symbol=AMX%3ACA&qmodStoryID=6215867070126071 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Exploration Inc reaches new 52-Week High in AMEX EXPLORATION INC.


Amex Exploration Inc reaches new 52-Week High

Shares of Amex Exploration Inc (TSXV:AMX) hit a new 52-Week High today, currently trading at $1.49 on volume of 138,572 shares.

In the past 52 weeks, Amex Exploration Inc has traded between a low of $0.055 and a high of $1.48 and is now trading 2609% above that low.


Amex Exploration Inc shares have a 50-day moving average of $0.4716 and a 200-day moving average of $0.1742.


About Amex Exploration Inc: Amex Exploration Inc is a junior mining exploration company which focuses on developing viable gold and base metals deposits in mining-friendly jurisdictions.



News Provided by QuoteMediaNews 52Wk Hi-Lo via QuoteMedia


!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Grants Stock Options in AMEX EXPLORATION INC.

MONTREAL, Feb. 22, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex” or the “Company”) (AMX: TSX-V; FRA: MX0) announces that its Board of Directors has approved the granting of a total of 2,250,000 incentive stock options to certain directors, officers and consultants.  The options which vest immediately can be exercised at the price of $1.24 for a period of 5 years.


About Amex


Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to develop and bring into production viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release


For further information please contact:


Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


The securities to be issued pursuant to the offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.


Forward-looking statements:


Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Amex believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct or that it will complete the private placement, as contemplated herein, as such forward-looking statements are subject to risks and uncertainties that may cause actual results, or developments to differ materially from those contained in the statements.

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Completes $5.4 Million Private Placement and Welcomes Eric Sprott as Strategic Investor in AMEX EXPLORATION INC.

MONTREAL, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex” or the “Company”) (AMX: TSX-V; FRA: MX0) announces the completion of the previously announced non-brokered private placement, in the amount of $5,442,875. 


In connection with the offering (the “Offering”) 7,256,000 units, each priced at $0.75 (the “Units”) were issued, with each Unit consisting of one common share and one half (½) of one common share purchase warrant (the “Warrant”) having an exercise price of $1.25 and a term of 18 months provided that, the Company may issue a notice of acceleration to the Warrant holders if the volume weighted average price of the common shares is greater or equal to, $1.50 for 20 consecutive trading days in which case the Warrants will expire 30 days later.


Victor Cantore, President and CEO of Amex Exploration commented, ‘With this financing we are very pleased to welcome Mr. Eric Sprott as a new strategic investor. Mr. Sprott is a renowned precious metals investor with an excellent understanding of gold projects.” Cantore continued, “Our drill program is continuing at a very good pace and this hard dollar financing provides us with the financial resources to fully explore the potential of our gold property.”


Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 4,000,000 Units under the Offering for a total consideration of $3,000,000.  Following the completion of the private placement, Mr Sprott’s holdings represent 7.40% of the issued and outstanding common shares of the Company, on a non-diluted basis, and 10.71% on a partially diluted basis, assuming the exercise of the Warrants acquired hereunder and forming part of the Units. Mr. Sprott did not beneficially own any securities in the Company prior to this investment. The Units were acquired by Mr. Sprott for investment purposes and with a long-term view of the investment. Mr. Sprott may acquire additional securities of the Company either on the open market or through private acquisitions or sell securities of the Company either on the open market or through private dispositions in the future, depending on market conditions, reformulation of plans and/or other relevant factors. A copy of 2176423 Ontario Ltd.’s early warning report will appear on the Company's profile on SEDAR and may also be obtained by calling (416) 362-7172 (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J2).


Three directors of Amex, Victor Cantore, Pierre Carrier and André Shareck, have participated in the private placement for the aggregate amount of $210,000.  Pursuant to Policy 5.9 of the TSXV and Regulation 61-101 Respecting protection of minority security holders in special transactions (“Regulation 61-101”), each of these transactions constitute a “related party transaction” and as such, minority shareholder approval and a formal valuation may be required.  However, such transactions meet the exemptions set out in Regulation 61-101 as the fair market value of the consideration for the transactions, as they involve related parties, does not exceed 25% of Amex’s market capitalization, as per Sections 5.5(a) and 5.7(a) of Regulation 61-101. A material change report in respect of this transaction will be filed however, the Corporation could not do so 21 days prior to the anticipated closing as their intent to participate was not determined at such time.        


In connection with the private placement, Amex paid finder’s fee to several eligible intermediaries, including Generic Capital Corporation and Stephen Avenue Securities, in the aggregate amount of:  $19,125 paid in cash; 307,440 Units in lieu of cash; and 332,000 non transferable broker warrants, having the terms and conditions of the Warrants issued under the Offering.  All securities issued pursuant to the private placement are subject to a 4-month and one day hold period and the transaction remains subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.


About Amex


Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to develop and bring into production viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release


For further information please contact:


Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


The securities to be issued pursuant to the offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.


Forward-looking statements:


Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Amex believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct or that it will complete the private placement, as contemplated herein, as such forward-looking statements are subject to risks and uncertainties that may cause actual results, or developments to differ materially from those contained in the statements.

!
Thumb 8020 media relations

Media Relations posted an update in AMEX EXPLORATION INC.

4 months

Amex Exploration Inc (CVE:AMX) Stock Soars on Quebec Drill Program Results *
By MIDASLETTER LIVE | JANUARY 28, 2019

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Exploration Inc reaches new 52-Week High in AMEX EXPLORATION INC.


Amex Exploration Inc reaches new 52-Week High

 

Shares of Amex Exploration Inc (TSXV:AMX) hit a new 52-Week High today, currently trading at $0.97 on volume of 63,015 shares.

In the past 52 weeks, Amex Exploration Inc has traded between a low of $0.055 and a high of $0.95 and is now trading 1664% above that low.


Amex Exploration Inc shares have a 50-day moving average of $0.3594 and a 200-day moving average of $0.1447.


About Amex Exploration Inc: Amex Exploration Inc is a junior mining exploration company which focuses on developing viable gold and base metals deposits in mining-friendly jurisdictions.



News Provided by QuoteMediaNews 52Wk Hi-Lo via QuoteMedia


!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Exploration Inc reaches new 52-Week High in AMEX EXPLORATION INC.


Amex Exploration Inc reaches new 52-Week High

 


Shares of Amex Exploration Inc (TSXV:AMX) hit a new 52-Week High today, currently trading at $0.90 on volume of 12,000 shares.

In the past 52 weeks, Amex Exploration Inc has traded between a low of $0.055 and a high of $0.83 and is now trading 1536% above that low.


Amex Exploration Inc shares have a 50-day moving average of $0.3419 and a 200-day moving average of $0.1402.


About Amex Exploration Inc: Amex Exploration Inc is a junior mining exploration company which focuses on developing viable gold and base metals deposits in mining-friendly jurisdictions.



News Provided by QuoteMediaNews 52Wk Hi-Lo via QuoteMedia


!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Announces $5 Million Private Placement in AMEX EXPLORATION INC.

MONTREAL, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex” or the “Company”) (AMX: TSX-V; FRA: MX0) announces that it has undertaken to complete a non-brokered private placement in the maximum amount of $5,025,000, through the offering of up to 6,700,000 units priced at $0.75 each.  Each unit will consist of one common share and one half of a common share purchase warrant (the “Warrant”) having an exercise price of $1.25 and a term of 18 months. The Warrants are subject to an accelerated expiry if the volume weighted average price of the common shares is greater than or equal to $1.50 for any 20 consecutive trading days and, if the Company has given notice.  The Warrants will expire 30 days following the date of such notice.


Funds will be used for exploration work on the on-going drilling program on the Perron property and for general working capital purposes.


Certain directors and insiders of Amex are expected to participate in the private placement for a maximum aggregate amount of $375,000.  Pursuant to Policy 5.9 of the TSXV and Regulation 61-101 Respecting protection of minority security holders in special transactions (“Rule 61-101”), each of these transactions will constitute a “related party transaction” and as such, minority shareholder approval and a formal valuation may be required.  However, the board expects that such transactions will meet the exemptions set out in Rule 61-101.


All securities issued pursuant to the private placement will be subject to a 4-month and one day hold period and the transaction remains subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.


In connection with the private placement, Amex may enter into finder’s fee agreements with qualified persons and may pay a commission.


About Amex
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to develop and bring into production viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine. 


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


The securities to be issued pursuant to the offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-looking statements:


Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Amex believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct or that it will complete the private placement, as contemplated herein, as such forward-looking statements are subject to risks and uncertainties that may cause actual results, or developments to differ materially from those contained in the statements.

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Announces Appointment of Kelly Malcolm as Vice President Exploration and Provides Exploration Update in AMEX EXPLORATION INC.

MONTREAL, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is pleased to announce the appointment of Kelly Malcolm, P.Geo, as Vice President, Exploration of the Company. Mr. Malcolm previously acted as a technical advisor and Qualified Person to Amex since December of 2017.


Mr. Malcolm is a Professional Geologist with extensive exploration experience focused on precious metal exploration. He specializes in the integration and interpretation of geological, geochemical, and geophysical data to guide exploration and development activities. He was recently involved in the discovery and delineation of Detour Gold’s high grade 58N gold deposit, and has acted as director, advisor, or management for several public and private mineral exploration companies. He holds a Bachelor of Science Honours in geology and a Bachelor of Arts in economics, both from Laurentian University.


"We are very pleased to have a seasoned exploration professional of Kelly's calibre join the Amex management team.  Kelly's skills and experience, especially in the Abitibi Greenstone Belt, will be a significant benefit in unlocking the potential of Perron and advancing our growth objectives at Amex," said Jacques Trottier, Executive Chairman of Amex.


“I am thrilled to be joining Amex at such an exciting time for the Company. The Eastern Gold Zone at Perron continues to impress with high grade gold mineralization. I look forward to helping Amex continue to explore and develop its highly prospective asset portfolio,” said Kelly Malcolm.


Update on Drilling at the Eastern Gold Zone


The Company is also pleased to announce that ongoing drilling of the High Grade Zone of the Eastern Gold Zone continues to intersect visible course gold mineralization while testing the lateral extents and orientation of the High Grade Zone. The Company will announce assay results once they have been received and reviewed.


The High Grade Zone is hosted within a quartz vein that occurs at the contact of a regionally extensive rhyolite package and a narrow mafic intrusion. The quartz vein can occur at the upper and/or lower contact of the intrusion. Coarse gold mineralization occurs most often in association with sphalerite but also as free gold within quartz or at the margins of pyrite grains. As of the Company’s most recent press release on February 4th 2019, the zone has been intersected in the same section over a vertical distance of approximately 150 metres pierce point to pierce point with a spacing varying from 25 to 50 metres. The High Grade Zone extends to a depth of approximately 275 metres below surface and remains open at depth and on strike.


The current drilling program consists of approximately 3,000 metres testing the orientation, lateral extent, depth extent, and continuity of the High Grade Zone of the Eastern Gold Zone. An updated presentation discussing the Eastern Gold Zone is available on the Amex website.


The technical content of this news release has been reviewed and approved by Kelly Malcolm, P.Geo., Vice President, Exploration for the company, and qualified person as defined by National Instrument 43-101.


About Amex
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to develop and bring into production viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine. 


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


Forward-looking statements:


Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Continues to Intersect High Grade Gold at the Eastern Gold Zone With 214.71 g/t Au Over 0.65 M in Hole PE2019-24 in AMEX EXPLORATION INC.

MONTREAL, Feb. 04, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing  drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) has successfully intersected additional high grade gold mineralization which verifies vertical continuity in the near-surface portion of the system. Drill hole PE2019-24 intersected 24.06 g/t over 5.85 m including 214.71 g/t Au over 0.65 metres at a vertical depth of ~235 m and drill hole PE2019-23 intersected 39.58 g/t Au over 0.75 metres at a vertical depth of ~135 m (see figure 1, 2 and 3).


Read more:  https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=6539459073849954 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release First Hole in Amex 2019 Drill Program Returns 393.33 g/t Au Over 1.70 m at Perron Eastern Gold Zone in AMEX EXPLORATION INC.

MONTREAL, Jan. 23, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that it has launched its 2019 diamond drill program on the Perron property Eastern Gold Zone (EGZ) and reports 393.33 g/t Au over 1.70 m in hole PE2019-22 (see Table 1) at a vertical depth of 170 m (see Fig. 1, 2 and 3). This hole was planned to test the high-grade vein interval in hole PE2018-17 that returned 269.2 g/t Au over 1.35 m (see PR2018-12-13B) at a vertical distance of 25 m above it, starting from the same collar location. The Perron property is located approximately 110 kilometers North of t


 


https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=7399648732361114 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Hits 269.2 g/t Au Over 1.35 Meters in Drill Hole PE2018-17 on the Eastern Gold Zone at Perron in AMEX EXPLORATION INC.

MONTREAL, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that it has intersected a high grade gold bearing quartz vein containing multiple free coarse gold grains that returned a value of 269.23 g/t Au over 1.35 meters (from 241.85m to 243.2 m in hole PE2018-17; ie Target 2018-X3: please refer to Fig.1) at the Eastern Gold Zone (EGZ).


Read more:  https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=6693923680636621 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Reports 5 High Grade Gold Intersects Within a 100 Meter Long Interval in First Follow Up Drill Hole on the Eastern Gold Zone at Perron in AMEX EXPLORATION INC.

MONTREAL, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce the results of the first drill hole of its ongoing follow-up drilling program on the Eastern Gold Zone (EGZ) at Perron (PE2018-15


Read more:  https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=4728431902557658 

!

Amex Exploration Inc.

lockPrivate Group

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 R...

people7 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200 200  png
  • Thumb no photo
Request Membership


Amex Exploration Inc.

lockPrivateGroup

Amex Exploration Inc. (TSX-V: AMX) is a junior mining exploration company focused on developing viable gold and base ......

people7 Members       (0)

Thumb 8020 monitor 200 200  png

8020 Admin

16 days

8020 Admin posted a press release Amex Drills 32.22 g/t Au Over 5.90 Meters Including 374.06 g/t Au Over 0.50 Meters at Perron in AMEX EXPLORATION INC.

MONTREAL, June 03, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; OTCQX: AMXEF; FRA: MX0) is very pleased to announce the results from several drill holes targeting the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) in northwestern Quebec as part of its 25,000 meters drilling program focused on the EGZ and regional exploration. The current results include both deep and shallow drill holes testing the High Grade Zone (“HGZ”) and Low Grade Zone (“LGZ”). A complete list of results are provided in table 1 and figures 1 and 2.


In the HGZ, drill hole PE-19-46 intercepted 1.10 meters of 9.36 g/t Au including 0.50 meters of 18.12 g/t Au at a vertical depth of ~210 meters. Drill hole PE-19-47 intercepted 5.90 meters of 32.22 g/t Au including 0.50 meters of 374.06 g/t Au at a vertical depth of ~220 meters. Drill hole PE-19-48 intercepted 10.65 meters of 4.68 g/t including 0.55 meters of 78.28 g/t Au at a vertical depth of ~360 meters. The mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite.


In the LGZ, drill hole PE-19-46 intersected 8.50 meters of 0.55 g/t Au, 8.50 meters of 1.17 g/t Au including 0.50 meters of 14.74 g/t Au, and 6.00 meters of 0.75 g/t Au at approximate vertical depths between ~250 meters and ~390 meters. The mineralization, which is characteristic of the LGZ, consists of disseminated and quartz-vein-hosted gold, pyrite, and sphalerite associated with intense sericite alteration of a regionally extensive rhyolite.


Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration commented, “Our HGZ continues to deliver excellent very high-grade gold results which has become typical for this zone as shown in hole PE-19-47. Of note PE-19-48 included the highest-grade deep intercept that Amex has intercepted to date, while hole PE-19-46 added strike extension. I am very encouraged by the results from the HGZ as we build our knowledge of the geometry and fill in the spacing between holes. The LGZ continues to deliver gold mineralization at depth and I look forward to exploring this zone further especially as we drill deeper to test the vertical extension of both zones and the possibility that they could merge at depth. We are coming into an active season of summer drilling both at the EGZ and on interesting regional targets. We are well financed and are expecting a robust flow of news as we report on our drilling progress.”


Read more here: https://www.quotemedia.com/portal/quote?qm_symbol=AMX%3ACA&qmodStoryID=5804652739884564 

!
Thumb 8020 monitor 200 200  png

8020 Admin

27 days

8020 Admin posted a press release OTC Markets Group Welcomes Amex Exploration Inc. to OTCQX in AMEX EXPLORATION INC.

NEW YORK, May 23, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Amex Exploration Inc. (TSX-V: AMX ; OTCQX: AMXEF), a junior mining exploration company, has qualified to trade on the OTCQX® Best Market.


Amex Exploration begins trading today on OTCQX under the symbol "AMXEF."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.


"We are pleased to welcome Amex Exploration to the OTCQX Best Market," said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. "OTCQX companies must meet high financial standards, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. We look forward to supporting Amex Exploration as the company seeks to build visibility among U.S. investors."


"Trading on the OTCQX Market is an important milestone as it provides US investors with a pathway to invest and participate in the Amex Exploration story," commented Victor Cantore, President and CEO of Amex Exploration. "We recently made an important super high-grade gold discovery in the Quebec, Canada, reporting gold values rarely seen in Quebec. Our project is located just 1 hour north of Rouyn, a major mining camp and is year-round accessible. Exploration drilling is expected to continue throughout the year providing for ample news flow on this important new gold discovery."   


J.P. Galda & Co. acted as the company's OTCQX sponsor.


About Amex Exploration Inc.
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares. Perron is the flag ship asset of the Company and a 25,000 metre drill program was recently announced for the 2019 year. In addition, the Company holds the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine.


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.


To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.


OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.


Subscribe to the OTC Markets RSS Feed


Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com 



OTC Markets Group logo. (PRNewsFoto/OTC Markets Group)



View original content to download multimedia:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-amex-exploration-inc-to-otcqx-300855528.html

!
Thumb 8020 monitor 200 200  png

8020 Admin

27 days

8020 Admin posted a press release Amex Exploration Begins Trading on OTCQX in AMEX EXPLORATION INC.


MONTREAL, May 23, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; OTCQX: AMXEF; FRA: MX0) today announced that it has qualified to trade on the OTCQX® Best Market, operated by OTC Markets Group Inc.


Amex Exploration begins trading today on OTCQX under the symbol “AMXEF.”  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.


“We are pleased to welcome Amex Exploration to the OTCQX Best Market,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “OTCQX companies must meet high financial standards, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. We look forward to supporting Amex Exploration as the company seeks to build visibility among U.S. investors.”


“Trading on the OTCQX Market is an important milestone as it provides US investors with a pathway to invest and participate in the Amex Exploration story,” commented Victor Cantore, President and CEO of Amex Exploration. “We recently made an important super high-grade gold discovery in the Quebec, Canada, reporting gold values rarely seen in Quebec. Our project is located just 1 hour north of Rouyn, a major mining camp and is year-round accessible. Exploration drilling is expected to continue throughout the year providing for ample news flow on this important new gold discovery.”   


J.P. Galda & Co. acted as the company’s OTCQX sponsor.


About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.


To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.


OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.


Subscribe to the OTC Markets RSS Feed


Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


About Amex Exploration Inc.
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares. Perron is the flag ship asset of the Company and a 25,000 metre drill program was recently announced for the 2019 year. In addition, the Company holds the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine.


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


Forward-looking statements:


Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release



Primary Logo


!
Thumb 8020 monitor 200 200  png

8020 Admin

29 days

8020 Admin posted a press release Amex Drills 8.50 Meters of 30.98 g/t Au Including 0.70 Meter of 317.53 g/t Au at Perron in AMEX EXPLORATION INC.

MONTREAL, May 21, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce the results from several drill holes targeting the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) in northwestern Quebec as part of its 25,000 metre drilling program focussed on the EGZ and regional exploration. The current results include both deep and shallow drill holes testing the High Grade Zone (“HGZ”) and Low Grade Zone (“LGZ”). A complete list of results is provided in table 1 and displayed in figures 1 and 2.


In the HGZ, drill hole PE-19-45 intercepted 8.50 meters of 30.98 g/t Au including 0.70 meter of 317.53 g/t Au and 0.60 meter of 65.39 g/t Au in the HGZ at a vertical depth of 125 meters. Drill hole PE-19-43 intercepted 9.10 meters of 2.34 g/t Au including 0.80 meter of 23.66 g/t Au at a vertical depth of 350 meters. The mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs.


In the LGZ, drill hole PE-19-44 intersected 13.50 meters of 0.68 g/t Au at an approximate vertical depth of 500 meters. Drill hole PE-19-45 intercepted several lenses of mineralization including 14.0 meters of 0.70 g/t Au including 0.50 meter of 14.29 g/t Au, 4.50 meters of 1.67 g/t Au, and 6.00 meters of 2.20 g/t Au at vertical depths ranging between approximately 160 meters and 250 meters. The mineralization, which is characteristic of the LGZ, consists of disseminated and quartz-vein-hosted gold, pyrite, and sphalerite associated with intense sericite alteration of a regionally extensive rhyolite.


Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration commented, “Drilling at the Eastern Gold Zone continues to identify very high-grade gold mineralization. This round of drilling tightens up the lateral and vertical spacing between holes in the HGZ while we continue to explore and define the system. Each data point is an important input for our model and helps better target future drilling. Figure 2 indicates the progress that the Company has made to date in defining the extent and continuity of the system.” Trottier continued, “I am also encouraged by the LGZ results which clearly demonstrate continuity with a good potential to develop significant gold grade over important widths. We will continue to explore the LGZ this year and test our hypothesis that the two Zones (i.e., HGZ and LGZ) could potentially merge at depth.” 


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=7730116522727436 

!
Thumb 8020 monitor 200 200  png

8020 Admin

2 months

8020 Admin posted a press release Amex Adds Second Drill at Perron, Identifies New Targets and Increases Exploration Program To 25,000 Metres in AMEX EXPLORATION INC.

MONTREAL, May 02, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is pleased to announce that following a very successful drill campaign year to date, the Company has decided to significantly increase its exploration program on the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”). The Company will be bringing a second rig to Perron and is increasing it’s drilling campaign from the previously announced 10,000 metres to 25,000 metres. The expanded drill program is fully funded with existing capital.


So far in 2019, Amex has drilled 7,058 metres in 23 drillholes. Every single one of these drillholes has intersected reportable gold mineralization, i.e., greater than 1 g/t Au over variable widths. Additionally, sixteen of these drillholes have intersected gold mineralization greater than 10 g/t Au over variable widths. Management is very encouraged by the Company’s progress thus far and has approved an additional 15,000 metres of drilling. The Company expects to mobilize a second rig to site next week.


“The Perron project continues to impress with each drillhole that we’ve released this year. The 2018 and 2019 exploration programs have been transformative for the Company. We are very excited and encouraged by our progress to date and look forward to continued exploration on this highly prospective project. The second drill will increase our rate of news as we drill deeper in the system,” commented Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration.


The second rig will continue to drill on the Eastern Gold Zone in order to assist with exploration and definition drilling on the High Grade Zone and will also be used to extend several 2019 drillholes in to the Low Grade Zone. In addition, this drill will also be testing several high priority regional exploration targets.


Using the geological model of the Eastern Gold Zone (“EGZ”), the Company has identified several regional exploration targets that share many geological characteristics of the EGZ. These targets include both grassroots locations and areas of historic drilling that have been underexplored or left open. Of particular interest, is the Perron Gold Zone (“PGZ”), which is a kilometer-long mineralized structure that was previously explored through the 1990’s and early 2000’s as a bulk tonnage gold mineralised system. At the PGZ, the Company has identified potential areas of high grade lenses that show similarities to the EGZ, including spatial correlation with an high-magnetic mafic intrusions, secondary orders north-east south-west structures, sodic rhyolite host-rocks and high grade gold bearing quartz-veins. Historic drill intercepts from the PGZ include 24.59 g/t Au over 5.50 meters in PE1997s14* including 330.79 g/t Au over 0.40 meter, 10.25 g/t Au over 8.00 meters in PE1997s24*, including 77.69 g/t Au over 1.00 meter and 11.97 g/t Au over 5.10 meters in PE2008s03*, including 56.13 g/t Au over 1.00 meter.

* The historic intersections presented are available in GM56315 (PE1997s14), GM56219 (PE1997s24) and in Amex Exploration Inc. 2009 43-101 technical report available on SEDAR (PE2008s03).


Trottier continued, “Recently, our exploration team has identified some very interesting new targets which bear a similar geological signature to the EGZ elsewhere on the property and having a second drill gives us the flexibility to go test these targets while maintaining our activity on the EGZ. With the knowledge we have gained from exploration on the EGZ, we now see the historical drilling from a different perspective, and I am very excited about the potential for other similar mineralized gold zones elsewhere on the property. Our Perron property covers about 40 square kms of greenstone belt that has the potential to host several of these types of gold rich systems such as the EGZ.”


Qualified Person
Maxime Bouchard M.Sc.A., P.Geo. (OGQ 1752) and Jérôme Augustin Ph.D., P.Geo. (OGQ 2134) Independent Qualified Persons as defined by Canadian NI 43-101 standards, have reviewed and approved the geological information reported in this news release. The drilling campaign and the quality control program have been planned and supervised by Maxime Bouchard.


The qualified persons have not completed sufficient work to verify the historic information on the Property. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.


About Amex
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine.


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


Forward-looking statements:


Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

!
Thumb 8020 monitor 200 200  png

8020 Admin

2 months

8020 Admin posted a press release Amex Expands Eastern Gold Zone to Depth and Along Strike at Perron in AMEX EXPLORATION INC.

MONTREAL, April 30, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) continues to intersect high grade gold mineralization in additional step out drillholes.


The current results include several high grade intersects, including 42.81 g/t Au over 0.50 m and 32.13 g/t Au over 0.60 m in PE-19-37 and 45.57 g/t Au over 0.50 m in PE-19-42. These holes are some of the deepest that the Company has drilled to date on High Grade Zone (“HGZ”) of the EGZ. The intersected mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs. Additional gold-bearing intersections are detailed in Table 1 and shown in Figure 1 and 2.


“Amex continues to intersect excellent gold grades in the Eastern Gold Zone. To date, more than 11 holes have interested the HGZ with values greater than one ounce per tonne of gold, over the entire width of one or both gold-bearing quartz veins, over a vertical depth of 425 metres. Each drill hole targeting the zone has intersected the two veins, which is especially encouraging as we test the system to depth. Further, the system is showing good continuity and very little indication of post-mineralization deformation, which is highly beneficial for exploration targeting and potential future development,” commented Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration.


Read more here:  https://www.quotemedia.com/portal/quote?qm_symbol=AMX%3ACA&qmodStoryID=4727271615933571 

!
Thumb 8020 monitor 200 200  png

8020 Admin

3 months

8020 Admin posted a press release Amex Expands High Grade Zone on Strike and to Depth at Perron With 11.05 g/t Au Over 10.3 m Including 99.2 g/t Au Over 0.5 m and 77.61 g/t Au Over 0.6 m in AMEX EXPLORATION INC.

MONTREAL, March 26, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) continues to intersect high grade gold mineralization in additional step out drillholes.


Drill hole PE-19-36 intersected 11.05 g/t Au over 10.3 m including 99.2 g/t Au over 0.5 m, 18.3 g/t Au over 0.5 m, and 77.61 g/t Au over 0.6 m on the Company’s furthest east 25 metre step-out hole testing the High Grade Zone (“HGZ”). The intersected mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs. Additional gold-bearing intersections are detailed in Table 1 and shown in Figures 1 and 2.


Read more here: https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=6398042312304797 

!
Thumb 8020 monitor 200 200  png

8020 Admin

3 months

8020 Admin posted a press release Amex Intersects 248.05 g/t Au Over 0.80 m in PE-19-33 and 156.83 g/t Au Over 0.65 m in PE-19-31 at Perron in AMEX EXPLORATION INC.

MONTREAL, March 13, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) has successfully intersected additional high grade gold mineralization.


Drill hole PE-19-31 intersected 89.59 g/t Au over 1.15 m including 156.83 g/t Au over 0.65 m at a shallow vertical depth of only 85 m. Drill hole PE-19-33 intersected 32.11 g/t Au over 7.20 m including 52.19 g/t Au over 0.5 m in the upper vein and 248.05 g/t Au over 0.8 m in the lower vein at a vertical depth of 245 m. The intersected mineralization, which is characteristic of the EGZ High Grade Zone (HGZ), consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs. Additional gold-bearing intersections are detailed in Table 1.


Read more here: https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=7956800214637564 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Launches 10,000m Drill Program at Eastern Gold Zone and Creates Drill Data Room on Website in AMEX EXPLORATION INC.

MONTREAL, March 05, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce the launch of a significantly expanded drilling program on the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”). The expanded exploration program will involve approximately 10,000 metres of drilling, testing the depth and lateral extensions of the High Grade Zone ("HGZ") of the EGZ. In addition to the HGZ, the Company will also continue to test the geometry and nature of the parallel Low Grade Zones (“LG1” and “LG2”) as a second priority.


This drill program follows the completion of a very successful 3,000 metre drill program, which intersected the High Grade Zone over a vertical distance of approximately 150 metres and a lateral distance of 50 metres pierce point to pierce point with a spacing varying from 25 to 50 metres. The High Grade Zone extends to a depth of approximately 275 metres below surface and remains open towards surface, to depth, and along strike. In addition, the Company wishes to announce that it has intersected additional visible gold during its ongoing drill program.


“With the success of our drilling on the Eastern Gold Zone to date and our substantial cash position obtained from the recent financing, the Company is ready to expand upon our very exciting discovery,” commented Victor Cantore, CEO of Amex Exploration. “Drilling to date has indicated that the HGZ is linear, continuous, and is host to substantial gold mineralization. With an all-in drilling cost of only roughly $160 per metre and a cash position of greater than $5 million, the Company is very well financially positioned to expand the program further following continued success.”


In addition, as part of Amex’s commitment to maximum transparency and in keeping with industry best practices, Amex is delighted to provide its drilling data on the Company’s website at http://www.amexexploration.com/perron/drill-data-room/. The data will include drill coordinates, downhole surveys and assay composites for all drilling completed on the EGZ. The Company will regularly update the data as the current drill program progresses.


About the Eastern Gold Zone
The EGZ was discovered in December of 2017 during a regional exploration drilling campaign. The discovery hole, PE-17-03, identified two zones of near-surface mineralization, called the High Grade Zone and the Low Grade Zone, which returned values including 12.22 g/t Au over 4.66 metres and 0.81 g/t Au over 76.5 metres, respectively. Follow-up drilling in 2018 in drill hole PE2018-17 intersected values including 269.23 g/t Au over 1.35 metres and 0.74 g/t Au over 20.75 in the High Grade Zone and Low Grade Zone, respectively. Following this, an aggressive exploration program targeting the High Grade Zone has begun, from which assays have returned grades including 393.33 g/t over 1.7 metres in PE-19-22, 39.58 g/t Au over 0.75 metres in PE-19-23, 214.71 g/t Au over 0.65 metres in PE-19-24, and 56.75 g/t Au over 8.5 metres in PE-19-27.


Qualified Person
Maxime Bouchard M.Sc.A, P.Geo and V-P of Laurentia Exploration, an Independent Qualified Person as defined by Canadian NI 43-101 standards, has reviewed and approved the geological information reported in this news release. The drilling campaign and the quality control program have been planned and supervised by Maxime Bouchard and Amex’s management. The quality assurance and quality control protocol includes insertion of blank or standard every 10 samples on average, in addition to the regular insertion of blank, duplicate, and standard samples accredited by Laboratoire Expert during the analytical process. Gold values are estimated by fire assay with finish by atomic absorption and values over 3 ppm Au are re-analysed by fire assay with finish by gravimetry by Laboratoire Expert Inc, Rouyn-Noranda. Samples containing visible gold mineralization are analyzed by metallic sieve. For additional quality assurance and quality control, all samples were crushed to 90% less than 2mm prior to pulverization, in order to homogenize samples which may contain coarse gold. Core logging and sampling was completed by Laurentia Exploration (Maxime Bouchard, P.Geo and Alizée Lienard GIT, both M.Sc.A).


About Amex
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4,518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine.


For further information, please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


Forward-looking statements:


Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Intersects 581.59 g/t Gold Over 0.80 Metre in First Step Out Drilling Expanding the High Grade Zone at Perron in AMEX EXPLORATION INC.

MONTREAL, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) has successfully intersected additional high grade gold mineralization in the first lateral step-out program on the High Grade Zone ("HGZ") of the EGZ.


Drill hole PE-19-27 intersected 56.75 g/t Au over 8.50 m including 581.59 g/t Au over 0.80 m (see Table 1) at a vertical depth of ~225 m and a lateral distance of ~25 m to the East from the previously defined vertical section of the High Grade Zone (see fig. 1 and 2). The intersected mineralization consists of two quartz veins located on either side of a foliated and fine grained mafic intrusive crosscutting a large unit of silicified rhyolite. The upper quartz vein returned a value of 17.33 g/t Au over 1.0 m and the lower quartz vein returned 581.59 g/t Au over 0.80 m. Each of these two quartz veins contains pyrite, sphalerite, and numerous visible gold as coarse grains, flakes, or points.


Read more herehttps://quotemedia.com/portal/quote?qm_symbol=AMX%3ACA&qmodStoryID=6215867070126071 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Exploration Inc reaches new 52-Week High in AMEX EXPLORATION INC.


Amex Exploration Inc reaches new 52-Week High

Shares of Amex Exploration Inc (TSXV:AMX) hit a new 52-Week High today, currently trading at $1.49 on volume of 138,572 shares.

In the past 52 weeks, Amex Exploration Inc has traded between a low of $0.055 and a high of $1.48 and is now trading 2609% above that low.


Amex Exploration Inc shares have a 50-day moving average of $0.4716 and a 200-day moving average of $0.1742.


About Amex Exploration Inc: Amex Exploration Inc is a junior mining exploration company which focuses on developing viable gold and base metals deposits in mining-friendly jurisdictions.



News Provided by QuoteMediaNews 52Wk Hi-Lo via QuoteMedia


!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Grants Stock Options in AMEX EXPLORATION INC.

MONTREAL, Feb. 22, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex” or the “Company”) (AMX: TSX-V; FRA: MX0) announces that its Board of Directors has approved the granting of a total of 2,250,000 incentive stock options to certain directors, officers and consultants.  The options which vest immediately can be exercised at the price of $1.24 for a period of 5 years.


About Amex


Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to develop and bring into production viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release


For further information please contact:


Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


The securities to be issued pursuant to the offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.


Forward-looking statements:


Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Amex believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct or that it will complete the private placement, as contemplated herein, as such forward-looking statements are subject to risks and uncertainties that may cause actual results, or developments to differ materially from those contained in the statements.

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Completes $5.4 Million Private Placement and Welcomes Eric Sprott as Strategic Investor in AMEX EXPLORATION INC.

MONTREAL, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex” or the “Company”) (AMX: TSX-V; FRA: MX0) announces the completion of the previously announced non-brokered private placement, in the amount of $5,442,875. 


In connection with the offering (the “Offering”) 7,256,000 units, each priced at $0.75 (the “Units”) were issued, with each Unit consisting of one common share and one half (½) of one common share purchase warrant (the “Warrant”) having an exercise price of $1.25 and a term of 18 months provided that, the Company may issue a notice of acceleration to the Warrant holders if the volume weighted average price of the common shares is greater or equal to, $1.50 for 20 consecutive trading days in which case the Warrants will expire 30 days later.


Victor Cantore, President and CEO of Amex Exploration commented, ‘With this financing we are very pleased to welcome Mr. Eric Sprott as a new strategic investor. Mr. Sprott is a renowned precious metals investor with an excellent understanding of gold projects.” Cantore continued, “Our drill program is continuing at a very good pace and this hard dollar financing provides us with the financial resources to fully explore the potential of our gold property.”


Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 4,000,000 Units under the Offering for a total consideration of $3,000,000.  Following the completion of the private placement, Mr Sprott’s holdings represent 7.40% of the issued and outstanding common shares of the Company, on a non-diluted basis, and 10.71% on a partially diluted basis, assuming the exercise of the Warrants acquired hereunder and forming part of the Units. Mr. Sprott did not beneficially own any securities in the Company prior to this investment. The Units were acquired by Mr. Sprott for investment purposes and with a long-term view of the investment. Mr. Sprott may acquire additional securities of the Company either on the open market or through private acquisitions or sell securities of the Company either on the open market or through private dispositions in the future, depending on market conditions, reformulation of plans and/or other relevant factors. A copy of 2176423 Ontario Ltd.’s early warning report will appear on the Company's profile on SEDAR and may also be obtained by calling (416) 362-7172 (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J2).


Three directors of Amex, Victor Cantore, Pierre Carrier and André Shareck, have participated in the private placement for the aggregate amount of $210,000.  Pursuant to Policy 5.9 of the TSXV and Regulation 61-101 Respecting protection of minority security holders in special transactions (“Regulation 61-101”), each of these transactions constitute a “related party transaction” and as such, minority shareholder approval and a formal valuation may be required.  However, such transactions meet the exemptions set out in Regulation 61-101 as the fair market value of the consideration for the transactions, as they involve related parties, does not exceed 25% of Amex’s market capitalization, as per Sections 5.5(a) and 5.7(a) of Regulation 61-101. A material change report in respect of this transaction will be filed however, the Corporation could not do so 21 days prior to the anticipated closing as their intent to participate was not determined at such time.        


In connection with the private placement, Amex paid finder’s fee to several eligible intermediaries, including Generic Capital Corporation and Stephen Avenue Securities, in the aggregate amount of:  $19,125 paid in cash; 307,440 Units in lieu of cash; and 332,000 non transferable broker warrants, having the terms and conditions of the Warrants issued under the Offering.  All securities issued pursuant to the private placement are subject to a 4-month and one day hold period and the transaction remains subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.


About Amex


Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to develop and bring into production viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release


For further information please contact:


Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


The securities to be issued pursuant to the offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.


Forward-looking statements:


Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Amex believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct or that it will complete the private placement, as contemplated herein, as such forward-looking statements are subject to risks and uncertainties that may cause actual results, or developments to differ materially from those contained in the statements.

!
Thumb 8020 media relations

Media Relations posted an update in AMEX EXPLORATION INC.

4 months

Amex Exploration Inc (CVE:AMX) Stock Soars on Quebec Drill Program Results *
By MIDASLETTER LIVE | JANUARY 28, 2019

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Exploration Inc reaches new 52-Week High in AMEX EXPLORATION INC.


Amex Exploration Inc reaches new 52-Week High

 

Shares of Amex Exploration Inc (TSXV:AMX) hit a new 52-Week High today, currently trading at $0.97 on volume of 63,015 shares.

In the past 52 weeks, Amex Exploration Inc has traded between a low of $0.055 and a high of $0.95 and is now trading 1664% above that low.


Amex Exploration Inc shares have a 50-day moving average of $0.3594 and a 200-day moving average of $0.1447.


About Amex Exploration Inc: Amex Exploration Inc is a junior mining exploration company which focuses on developing viable gold and base metals deposits in mining-friendly jurisdictions.



News Provided by QuoteMediaNews 52Wk Hi-Lo via QuoteMedia


!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Exploration Inc reaches new 52-Week High in AMEX EXPLORATION INC.


Amex Exploration Inc reaches new 52-Week High

 


Shares of Amex Exploration Inc (TSXV:AMX) hit a new 52-Week High today, currently trading at $0.90 on volume of 12,000 shares.

In the past 52 weeks, Amex Exploration Inc has traded between a low of $0.055 and a high of $0.83 and is now trading 1536% above that low.


Amex Exploration Inc shares have a 50-day moving average of $0.3419 and a 200-day moving average of $0.1402.


About Amex Exploration Inc: Amex Exploration Inc is a junior mining exploration company which focuses on developing viable gold and base metals deposits in mining-friendly jurisdictions.



News Provided by QuoteMediaNews 52Wk Hi-Lo via QuoteMedia


!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Announces $5 Million Private Placement in AMEX EXPLORATION INC.

MONTREAL, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex” or the “Company”) (AMX: TSX-V; FRA: MX0) announces that it has undertaken to complete a non-brokered private placement in the maximum amount of $5,025,000, through the offering of up to 6,700,000 units priced at $0.75 each.  Each unit will consist of one common share and one half of a common share purchase warrant (the “Warrant”) having an exercise price of $1.25 and a term of 18 months. The Warrants are subject to an accelerated expiry if the volume weighted average price of the common shares is greater than or equal to $1.50 for any 20 consecutive trading days and, if the Company has given notice.  The Warrants will expire 30 days following the date of such notice.


Funds will be used for exploration work on the on-going drilling program on the Perron property and for general working capital purposes.


Certain directors and insiders of Amex are expected to participate in the private placement for a maximum aggregate amount of $375,000.  Pursuant to Policy 5.9 of the TSXV and Regulation 61-101 Respecting protection of minority security holders in special transactions (“Rule 61-101”), each of these transactions will constitute a “related party transaction” and as such, minority shareholder approval and a formal valuation may be required.  However, the board expects that such transactions will meet the exemptions set out in Rule 61-101.


All securities issued pursuant to the private placement will be subject to a 4-month and one day hold period and the transaction remains subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.


In connection with the private placement, Amex may enter into finder’s fee agreements with qualified persons and may pay a commission.


About Amex
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to develop and bring into production viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine. 


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


The securities to be issued pursuant to the offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-looking statements:


Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Amex believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct or that it will complete the private placement, as contemplated herein, as such forward-looking statements are subject to risks and uncertainties that may cause actual results, or developments to differ materially from those contained in the statements.

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Announces Appointment of Kelly Malcolm as Vice President Exploration and Provides Exploration Update in AMEX EXPLORATION INC.

MONTREAL, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is pleased to announce the appointment of Kelly Malcolm, P.Geo, as Vice President, Exploration of the Company. Mr. Malcolm previously acted as a technical advisor and Qualified Person to Amex since December of 2017.


Mr. Malcolm is a Professional Geologist with extensive exploration experience focused on precious metal exploration. He specializes in the integration and interpretation of geological, geochemical, and geophysical data to guide exploration and development activities. He was recently involved in the discovery and delineation of Detour Gold’s high grade 58N gold deposit, and has acted as director, advisor, or management for several public and private mineral exploration companies. He holds a Bachelor of Science Honours in geology and a Bachelor of Arts in economics, both from Laurentian University.


"We are very pleased to have a seasoned exploration professional of Kelly's calibre join the Amex management team.  Kelly's skills and experience, especially in the Abitibi Greenstone Belt, will be a significant benefit in unlocking the potential of Perron and advancing our growth objectives at Amex," said Jacques Trottier, Executive Chairman of Amex.


“I am thrilled to be joining Amex at such an exciting time for the Company. The Eastern Gold Zone at Perron continues to impress with high grade gold mineralization. I look forward to helping Amex continue to explore and develop its highly prospective asset portfolio,” said Kelly Malcolm.


Update on Drilling at the Eastern Gold Zone


The Company is also pleased to announce that ongoing drilling of the High Grade Zone of the Eastern Gold Zone continues to intersect visible course gold mineralization while testing the lateral extents and orientation of the High Grade Zone. The Company will announce assay results once they have been received and reviewed.


The High Grade Zone is hosted within a quartz vein that occurs at the contact of a regionally extensive rhyolite package and a narrow mafic intrusion. The quartz vein can occur at the upper and/or lower contact of the intrusion. Coarse gold mineralization occurs most often in association with sphalerite but also as free gold within quartz or at the margins of pyrite grains. As of the Company’s most recent press release on February 4th 2019, the zone has been intersected in the same section over a vertical distance of approximately 150 metres pierce point to pierce point with a spacing varying from 25 to 50 metres. The High Grade Zone extends to a depth of approximately 275 metres below surface and remains open at depth and on strike.


The current drilling program consists of approximately 3,000 metres testing the orientation, lateral extent, depth extent, and continuity of the High Grade Zone of the Eastern Gold Zone. An updated presentation discussing the Eastern Gold Zone is available on the Amex website.


The technical content of this news release has been reviewed and approved by Kelly Malcolm, P.Geo., Vice President, Exploration for the company, and qualified person as defined by National Instrument 43-101.


About Amex
Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to develop and bring into production viable gold and base metals deposits in mining-friendly jurisdictions. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec, consisting of 116 adjacent claims covering 4518 hectares; the 100% owned Eastmain River gold properties consisting of 135 claims covering 7,102 hectares and the 100% owned Cameron project located in Lebel-sur-Quévillon, Quebec, comprising 263 claims covering 14,743 hectares. In addition, Amex has an option agreement to acquire a 100% interest in the Gowan Property located near the Kidd Creek Mine. 


For further information please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration: 514-866-8209


Forward-looking statements:


Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Continues to Intersect High Grade Gold at the Eastern Gold Zone With 214.71 g/t Au Over 0.65 M in Hole PE2019-24 in AMEX EXPLORATION INC.

MONTREAL, Feb. 04, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing  drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) has successfully intersected additional high grade gold mineralization which verifies vertical continuity in the near-surface portion of the system. Drill hole PE2019-24 intersected 24.06 g/t over 5.85 m including 214.71 g/t Au over 0.65 metres at a vertical depth of ~235 m and drill hole PE2019-23 intersected 39.58 g/t Au over 0.75 metres at a vertical depth of ~135 m (see figure 1, 2 and 3).


Read more:  https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=6539459073849954 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release First Hole in Amex 2019 Drill Program Returns 393.33 g/t Au Over 1.70 m at Perron Eastern Gold Zone in AMEX EXPLORATION INC.

MONTREAL, Jan. 23, 2019 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that it has launched its 2019 diamond drill program on the Perron property Eastern Gold Zone (EGZ) and reports 393.33 g/t Au over 1.70 m in hole PE2019-22 (see Table 1) at a vertical depth of 170 m (see Fig. 1, 2 and 3). This hole was planned to test the high-grade vein interval in hole PE2018-17 that returned 269.2 g/t Au over 1.35 m (see PR2018-12-13B) at a vertical distance of 25 m above it, starting from the same collar location. The Perron property is located approximately 110 kilometers North of t


 


https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=7399648732361114 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Hits 269.2 g/t Au Over 1.35 Meters in Drill Hole PE2018-17 on the Eastern Gold Zone at Perron in AMEX EXPLORATION INC.

MONTREAL, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that it has intersected a high grade gold bearing quartz vein containing multiple free coarse gold grains that returned a value of 269.23 g/t Au over 1.35 meters (from 241.85m to 243.2 m in hole PE2018-17; ie Target 2018-X3: please refer to Fig.1) at the Eastern Gold Zone (EGZ).


Read more:  https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=6693923680636621 

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Amex Reports 5 High Grade Gold Intersects Within a 100 Meter Long Interval in First Follow Up Drill Hole on the Eastern Gold Zone at Perron in AMEX EXPLORATION INC.

MONTREAL, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce the results of the first drill hole of its ongoing follow-up drilling program on the Eastern Gold Zone (EGZ) at Perron (PE2018-15


Read more:  https://quotemedia.com/portal/quote?qm_symbol=AMX%3ACC&qmodStoryID=4728431902557658 

!