Mr. Cantore provides an update on the company's flagship Perron Gold Project, located in Quebec's Abitibi Greenstone Belt - one of Canada's premier mining jurisdictions.
Project Highlights
Over 2.3 million ounces of gold defined (1.6 million measured and indicated).
The high-grade Champagne Zone, with grades of 16.2 g/t gold, reinforcing Perron as a standout deposit.
Preliminary Economic Assessment (PEA): At US$2,500/oz gold, the project demonstrates a post-tax IRR of 70% and rapid payback.
At US$3,400/oz gold, post-tax NPV exceeds US$1 billion, with free cash flow potential surpassing US$5 billion.
Strategic shareholders include Eldorado Gold (17%) and Eric Sprott (10%+).
Infrastructure advantages include road access, power, and a skilled workforce.
Development milestones ahead include feasibility studies, ramp development, toll milling, and targeted production by 2028.
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About Amex Exploration Inc
Amex Exploration Inc. (CVE:AMX) (OTCMKTS:AMXEF) is focused on its 100%-owned Perron Gold Project in Quebec. The company is advancing staged development that significantly reduces technical and financial risks, with an annual production profile forecast at approximately 112,000 ounces of gold over the first decade of mine life.
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