Amex Exploration: Expanding Mineralization and High-Grade Intercepts at the Perron Project

Amex Exploration Inc. (TSXV: AMX) has recently announced significant drill results from the Perron Project in Quebec, Canada, highlighting the expansion of the Central Polymetallic Zone (CPZ) and high-grade intercepts from multiple gold zones. These findings have substantial implications for the project's resource base, economics, and future exploration.

The CPZ has shown exceptional polymetallic mineralization and native gold stringers, with recent drill results including 134.36 g/t Au over 1.8 m. This intercept is notably higher than the average grades reported from other gold zones on the project, such as the High Grade Zone (HGZ) and the Team Zone. The unique mineralization and high-grade stringers in the CPZ present an opportunity for further exploration and potential resource expansion.


The expansion of the CPZ has significant implications for the project's overall resource base and economics. The zone's high-grade nature, along with its polymetallic composition, suggests potential for both gold and base metal credits. As the Amex team continues to optimize the drilling plan and target expansion of open pit and underground stope shapes, the CPZ's contribution to the project's resource base and economics will become clearer. The upcoming Preliminary Economic Assessment (PEA) will provide further insights into the project's economics, including the potential impact of polymetallic mineralization from the CPZ.


The discovery of high-grade gold stringers in the CPZ could significantly impact future exploration and mine planning at the Perron Project. These stringers, as seen in drill hole PE-24-801, contain extreme amounts of native gold, with intercepts of 480.73 g/t Au over 0.50 m. This finding demonstrates the CPZ's potential to host not only broad, polymetallic mineralization but also focused, high-grade gold stringers. The Amex team is excited to test if this stringer grows in size as it approaches its anticipated source, potentially expanding the CPZ's mineralized footprint. Furthermore, the discovery of high-grade intercepts in multiple gold zones, such as the High Grade Zone and Team Zone, highlights the project's potential for growth and resource expansion.

In conclusion, Amex Exploration's recent drill results from the Perron Project, including the expansion of the Central Polymetallic Zone and high-grade intercepts from multiple gold zones, have significant implications for the project's resource base, economics, and future exploration. The unique polymetallic mineralization and high-grade stringers in the CPZ present an opportunity for further exploration and potential resource expansion. As the team optimizes the drilling plan and targets open pit and underground stope shapes, these high-grade intercepts will inform future exploration and mine planning, potentially leading to an updated resource estimate and Preliminary Economic Assessment (PEA) in the current quarter.