Amex Exploration advances Perron gold project development
Amex Exploration is moving toward production at its Perron gold project in Quebec, supported by recent feasibility studies and high-grade drill results.
Amex Exploration Inc. is progressing with the development of its Perron gold project in the Abitibi greenstone belt of Quebec. The company is transitioning from exploration to potential production, supported by a feasibility study that outlines the economic profile of the asset.
Recent drill results from the project include high-grade intersections, such as 227.46 grams per tonne (g/t) of gold over 0.5 meters. These findings are part of a resource conversion program designed to refine the geological model of the deposit. Furthermore, the company reported a new discovery at the Rosé Zone, situated approximately 165 meters below the currently planned development area, suggesting potential for further resource expansion.
Current resource estimates for the Perron project stand at 1.615 million ounces of measured and indicated resources, averaging 6.14 g/t gold, with an additional 698,000 ounces in the inferred category at 4.31 g/t.
The company is currently focused on development activities, including a fully funded bulk sample. Situated in a region with established mining infrastructure, Amex Exploration continues to conduct exploration aimed at extending the project's mine life as it prepares for potential commercial operations.