Amex Exploration Inc is a junior mineral exploration and developmental company mainly engaged in precious metals mining, including gold.
The Montreal-based mining company is involved in the acquisition, exploration, and development of gold properties in Canada.
The firm’s mineral asset portfolio consists of the following:
Perron Gold Property
Perron Gold Property lies in the Abitibi region approximately eight kilometers to the northwest of Normetal village in Quebec. The mining firm says that the gold project is well connected to road, water, power and related infrastructure.
The project consists of 117 contiguous mining claims covering a total area of 4,560 hectares along the Archean Greenstone Belt. The property area is segmented by Normetal Fault having massive sulfide deposits and Perron fault consisting several epigenetic gold-bearing veins and central polymetallic zones.
Amex, formerly known as Minières Coleraine, acquired 100 percent stake in the Perron Property in 1996. Since then, the company claims to have discovered numerous gold and base metals zones, including:
• Eastern Gold Zone
• Gratien Gold Zone
• Central Polymetallic Zone
• Grey Cat Zone
The drill results at the project site requires additional follow up programs and tests, it claims.
Lebel-sur-Quévillon Gold Property
The firm’s another significant asset is situated 150 kilometers to the northeast of Val D’Or and lies on the northwestern edge of Quebec.
Amex Exploration owns 100 percent interest in the project with 263 mining claims and spanning 14, 743 hectares of total land holdings. The property hosts numerous gold deposits and prospects, namely:
• Cameron: 13 claims with a total area of over 731 hectares.
• Madeleine West: Consists of 30 claims in 1,682 hectares.
• Madeleine East: Hosts 74 claims and has a total area of over 4,150 hectares.
• Pusticamica Property consists of 4,150 claims with a total area of over 216,000 hectares.
Eastmain River Properties, located in Quebec, is wholly owned by Amex and consists of 119 claims covering a total area of 6,071 hectares.
The Eastmain River area is serviced through well-established infrastructure and hosts various lodging facilities with several companies conducting mining and exploration operations, namely Eastmain Resources, Osisko Mining Inc and Soquem.
On January 28, 2021, Amex Exploration Inc claims to have been spotted in the 2021 OTCQX® Best 50 companies.
The publicly listed firm is listed on TSXV, OTCQX, and Frankfurt Stock Exchange with ‘AMX’, ‘AMXEF’ and ‘MXo’ as trading symbols.