Amex Exploration Expands Multiple High-Grade Zones at Perron Project in Abitibi, Quebec
By Kevin Vincent
Amex Exploration Inc. has announced further drilling success at its flagship Perron Project in northwestern Abitibi, Quebec, expanding the footprint of multiple high-grade gold zones. The results showcase significant intercepts across several zones, reinforcing the potential for resource growth in alignment with the preliminary economic assessment (PEA) released in November 2024.
“Since receiving the block model from the MRE and the mine plan from the PEA, our geological team has significantly refined drill planning with the goal of adding economic ounces to known zones,” said Jacques Trottier, PhD, executive chairman of Amex Exploration. “Today’s results highlight the strong potential for these intercepts to contribute to the mine plan.”
Jonathan Gagné, vice president of project development, added, “The PEA applied a minimum diluted mining width of 3.7 m and a cut-off grade of 1.50 g/t. These high-grade intercepts far exceed the PEA’s threshold, except in the JT Zone, where a bulk mining scenario is envisioned.”
Aaron Stone, P.Geo, vice president exploration, noted, “Discovering visible gold in PEX-24-197 outside the Beaupré Block is particularly exciting. It demonstrates that mineralization extends beyond known boundaries, highlighting the broader potential of the Perron property. This discovery will be a key focus in our 2025 drill program.”
Drill Highlights
Denise Zone
• 35.82 g/t Au over 1.20 m, including 60.82 g/t Au over 0.70 m at ~280 m depth (PE-24-818).
Upper High Grade Zone
• 69.03 g/t Au over 0.50 m at ~730 m depth (PE-21-386W2).
E2 Zone
• 5.75 g/t Au over 2.40 m, including 22.63 g/t Au over 0.50 m at ~105 m depth (PE-24-819).
• 6.02 g/t Au over 3.00 m, including 10.83 g/t Au over 1.50 m at ~45 m depth (PE-24-817).
Grey Cat Zone
• 49.75 g/t Au over 0.60 m at ~50 m depth (PEG-24-834).
Gratien Zone
• 5.71 g/t Au over 3.80 m, including 18.15 g/t Au over 0.50 m at ~230 m depth (PEG-24-826).
• 7.44 g/t Au over 2.00 m, including 12.21 g/t Au over 1.00 m at ~195 m depth (PEG-24-828).
JT Zone
• 0.61 g/t Au over 162.00 m, including 1.74 g/t Au over 21.00 m at ~500 m depth (PEX-24-266).
• 0.72 g/t Au over 123.00 m, including 27.12 g/t Au over 1.50 m at ~20 m depth (PEX-24-265).
Next Steps
The Perron Project’s 2025 exploration program will prioritize high-grade zones identified in today’s results, with a focus on further expanding resources within and beyond the Beaupré Block.
About Amex Exploration Inc.
Amex Exploration Inc. is a junior mining company with a strong portfolio of gold exploration projects in Canada. The flagship Perron Project is located in Quebec’s prolific Abitibi Greenstone Belt, hosting several high-grade gold zones. Committed to sustainable exploration practices, Amex is advancing its properties with the goal of delivering long-term value for its stakeholders.
Tags: Quebec / Exploration / Gold / All Articles